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IFC Expands Business Edge in Honduras to Strengthen Training for Small Entrepreneurs


In Washington, D.C.:        
Adriana Gomez, IFC        
Phone: +1-202-458-5204        
E-mail: agomez@ifc.org


San Pedro Sula, Honduras, June 14, 2012—IFC, a member of the World Bank Group, in partnership with  CRECERH, EduSystems, and UNITEC, is expanding its Business Edge training program in Honduras. The program aims to improve competencies of small and medium-business entrepreneurs to help increase their global competitiveness.

IFC is expanding the Business Edge program by increasing its pool of certified trainers and adding new training modules, such as financial literacy and marketing services. IFC has also developed specialized modules on tourism in response to growing calls for training in this area. These enhancements will help meet increased demand for the program, which has already reached more than 1,200 participants across Honduras.

“Small and medium businesses hold strong potential for Honduras’ growth and serve as priority drivers for job creation and economic development,” said Micheline Ntiru, IFC Manager for Sustainable Business Advisory in Latin America and the Caribbean. “Through the Business Edge program, IFC is helping realize this potential by strengthening the local skills base of trainers, and ultimately of SMEs.”

Business-Edge trainers are put through a rigorous certification process to deliver managerial trainings for small and medium enterprises, an underserved segment in Honduras. By doubling the number of trainers to 30, IFC is strengthening the program’s capacity to expand business opportunities for small business and reduce poverty.

IFC Business Edge offers high-quality training tools from the global market tailored to meet local needs, helping businesses improve their efficiency and profitability. Since the program launched in Honduras in 2010, IFC’s local partners have successfully trained more than 1,200 business professionals—49 percent of whom were women—in marketing, finance and accountability, human resources, operations and management, and personal-productivity skills.

For more information about Business Edge in Honduras, please visit www.lapiezaclave.com.

About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. IFC creates opportunity for people to escape poverty and improve their lives by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and through the delivery of advisory services to ensure sustainable development. In a time of global economic uncertainty, IFC’s new investments climbed to a record $19 billion in fiscal 2011. For more information, visit www.ifc.org.

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