Costa Rica is sixth in Latin America in female entrepreneurship

The current Government of Costa Rica has promoted the theme of entrepreneurship in young people, through different programs, one of them is for example the event TEDX Pura Vida.

Costa Rica was positioned in sixth place in the ranking of countries that provide a good business environment for women in Latin America and the Caribbean; this list is made by the Multilateral Investment Fund (FOMIN), which have subscribed to the Inter-American Development Bank.

The authorities responsible for carrying out the study take into account those factors promoting or hindering the development of the micro-enterprises and small and medium that are owned by women.

The report is based on the index The Women Entrepreneurial Venture Scope, is jointly developed by The Economist Intelligence Unit.

According to data Costa Rica ranks as first in Central America, and Latin America is second only to Chile, Peru, Colombia, Mexico and Uruguay.

One of the factors that make it stand out at the Central American level is low operational risk for the business sector, as well as opportunities with respect to training and vocational training for women.

From 20 countries and these conditions were evaluated for this report more representative of female entrepreneurship factors, were taken into account as: security and corruption, risks to manage a business, capacity, competition, social services and the average business.

"Latin American women are among the of greater entrepreneurial spirit on the planet, but still have a very unequal representation as owners of SMEs," said Nancy Lee, general manager of the FOMIN to La Nación newspaper.

One of the encouraging is that Latin America and the Caribbean registered a high level of opportunities for training and entrepreneurship of women; for example more than 50% of those who graduate in tertiary education programs it are for women.

Access to credit is one of the elements that still show limitations for women, this represented a common denominator for most of the countries studied.

The Women Entrepreneurial Venture Scope index data is available online when you want to learn more about each country.

Posted by Costa Developers

English company starts operations in Costa Rica

imats

Costa Rica is known for attracting foreign investment in different industries

IMATS show is one of the latest companies to announce that it will begin operations in the Central American country. This company is dedicated to the plastics molding and injection processes.

The new plant of IMATS show opens in the province of Carthage and will be a modern establishment of 850 square meters.

Its homologous company in England, ClemCleat is originally from Herftforshire, England and has been on the market for 45 years. This signature will arrive in Costa Rica to attend companies engaged in manufacturing technology.

At the beginning this company will provide parts of plastics which will use engineering VITEC, which is a leader in advanced manufacturing, produces in Costa Rica elements in the film, aerospace, industry Government and photographic has been in the country since 1985.

The English company will also work directly with other suppliers of VITEC, which are related to production processes.

"IMATS show is a clear example of the diversification of Costa Rica has experienced in the origins of the foreign direct investment received." Similarly, installation of this company is a sample of the chain nationally and internationally that generate the multinationals that operate successfully in Costa Rica as a VITEC have steadily grown and have been consolidated on national soil," says Gabriela Llobet, Director general of the Costa Rican Coalition for development initiatives (CINDE) in Revista Summa.

Under the company ClamCleat has been exported previously products to VITEC in Costa Rica during the last 10 years and with the opening of IMATS show deepens the business relationship with Costa Rica.

In the same way, the operation in Costa Rica will allow lIMATS to acquire additional production capacity and expand its services to new markets.

"The new plant in Costa Rica will allow us improve customer service, increase capacity, reduce delivery times and offer cost efficiency. We are proud to expand our operations in this country and thus better serve our customers," said Julian Emery, co-Chair of IMATS show to Revista Summa.

IMATS show currently has eight people in its initial phase and a projection of growth to 20 by the end of 2013.

Posted by Costa Developers