Al Invest 5.0 - Cross Clustering: a strategy for MSMEs

The AL-INVEST program is one of the most important international cooperation programs from the European Commission in Latin America. It began in 1994 seeking to bring European investment to Latin America and with time, seeing the realities that were found in the region, it changed to promote internationalization and to promote and encourage productivity in thousands of micro-small and medium-size companies (MSMEs) in Latin America.

In 2015 the European commission launched a tender for the fifth phase of this program: AL-INVEST 5.0: integrating growth for social cohesion in Latin America,and the consortium of 11 international organizations that are coordinated by the Santa Cruz Chamber of Commerce Industry Services and Tourism of Santa Cruz Bolivia (CAINCO) won the tender to execute the project in all Latin America.

PHASE 5.0

The Al-Invest 5.0 program bets on work as the most efficient and long-term means of fighting against poverty. It supports development of productive capacities, entrepreneurship and associative of all MSMEs of Latin America as well as promoting processes of integration, social inclusion and worthy employment opportunities, thus promoting the sustainable development of these companies.

It also strengthens the company’s organizational capacities so they can provide better services to MSMEs so that they can promote initiatives which have an impact.

Within the Al Invest 5.0 program a platform is being developed which will allow coordination and sharing of experiences of local MSME´s in 18 Latin American countries.

Bilateral Talks

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