17 April 2020 – $5.6 million to support 200 SMEs

Type of Intervention: Specific Action
Sectors Involved: Finance/Economy, Private Sector and Businesses
Level of Jurisdiction: National
Lead People/Agency: Minister of Planning; Minister of Economy, Industry and Commerce

Overview: $5.6 million to support SMEs affected by COVID-19. The Government launched a platform that will provide a series of tools to 200 small and medium-sized Costa Rican companies in the agricultural, food, industrial and services sectors that are being affected by the Covid-19. These companies will be selected by the three institutions that make up the initiative and which have allocated the funds to the platform.
Full details here: https://www.presidencia.go.cr/comunicados/2020/04/programa-alivio-dara-fondos-no-reembolsables-a-200-pymes-afectadas-por-covid-19/

Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: National – government
Evidence/Justification: Government Economic team (integrated by different public institutions and experts) led this initiative.