United States and Peru Sign MOU on Promoting Growth of Micro, Small and Medium Enterprises

Media Note
Office of the Spokesperson
Washington, DC
June 12, 2013

On June 11, Assistant Secretary of State for Western Hemisphere Affairs Roberta Jacobson and Foreign Minister Eda Rivas signed the U.S.-Peru Memorandum of Understanding (MOU) on Promoting Growth of Micro, Small and Medium Enterprises (MSMEs).

This MOU reaffirms the commitment to inclusive economic growth that the United States and Peru, along with the rest of the region, made at the Sixth Summit of the Americas in Cartagena, Colombia. It recognizes the critical role of MSMEs in job creation and as drivers of economic prosperity, as well as the need to promote and support equal access to economic opportunities for women and minority entrepreneurs.

Under this MOU, the United States and Peru will strengthen their partnership and collaboration on activities to promote the growth of MSMEs through support of the Small Business Network of the Americas (SBNA), the Women’s Entrepreneurship in the Americas (WEAmericas) initiative, and other relevant efforts. SBNA helps small businesses and entrepreneurs in the region better compete in the global marketplace by linking together more than 2,000 small business development centers and the two million clients they serve. WEAmericas leverages public-private partnerships to address barriers women entrepreneurs face in starting and growing SMEs.

For more information on SBNA, watch this video: http://www.youtube.com/watch?v=xf-4ejhxDPk or visit: //2009-2017.state.gov/documents/organization/209051.pdf

For more information on WEAmericas, visit: //2009-2017.state.gov/documents/organization/199340.pdf

PRN: 2013/0716