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		Regional Management Training Project Executing Agency: Management training institutions and the Inter-American Development Bank through the Regional Technical Cooperation Division of the Integration and Regional Programs Department (INT/RTC). Recipients: Training institutions and small- and medium-enterprises. Objectives: Specific objectives of the project are to: promote sustainable market-driven solutions to management training for SMEs; test new methodologies and products in management training and sustainable development; leverage public/private sector resources necessary to create and disseminate successful models and environmentally sustainable solutions; and foster creation of a network of management and sustainable development training providers throughout the region to encourage mutual learning and collective innovation for SMEs. Description: This project would assist management training institutions throughout Latin America in the design and dissemination of successful approaches in management training and sustainable development for small- and medium-sized enterprises (SMEs). To meet its objectives the project would consist of two components: (i) Demonstration projects and (ii) Dissemination of successful approaches. Under the first component, the Bank would approve a number of demonstration projects that would be executed by training institutions throughout the region that have demonstrated leadership in the field of executive education, management training, and/or sustainable development through a competitive bidding process. Management training institutions would be invited to submit detailed project proposals with emphasis on technical assistance, local capacity building, product development, and diffusion of new practices to the SME sector. The specific objectives of the demonstration projects are noted-above. A demand analysis of the training needs of potential SME participants, including a sectoral overview of the SME target group in the particular country or sub-region would be a prerequisite for demonstration project approval. Institutional matching of 50% of the total cost of the demonstration project would also be a requirement: 35% of this counterpart contribution would be in cash, 15% could be in-kind. MIF resources would not be available for financing the direct costs of training. Illustrative types of activities that would be supported under the demonstration project component would include: research and development of innovative and cost-effective management training and/or sustainable development training products, methods, and materials; training of trainers through targeted short courses and workshops for faculty and private sector representatives; collaborative programs and partnerships involving other institutions, local educational agencies, professional associations, businesses, firms, or combinations thereof to diffuse new training products, for the development of management expertise and sustainable development among the SMEs sector; and development of methods for leveraging additional resources from public/private sources to cover some of the costs of training for SME owner/managers. Under the second project component, the methodology and results of the demonstration projects would be made available to other interested organizations and persons. To disseminate successful approaches and products, this component would consist of the following activities: conduct three regional workshops in selected themes that have immediate applicability for replication in business management training and sustainable development for SMEs; establish and maintain an electronic web site on the Internet to provide up-to-date information on training products, methods and materials under development through the demonstration projects, as well as facilitate interchange of information on the status of these projects; and prepare and distribute a quarterly newsletter, among interested training institutions involved in SME management training and sustainable development. Benefits: The benefits of the proposed project are as follows: (i) it is innovative in nature as it contemplates the development of new products, pedagogical approaches and training as well as training strategies based on the needs of the SME sector in Latin America: (ii) it will establish what the realities of the current marketplace are for management training among small- and medium-sized businesses, and will disseminate best practice methodologies and products to address imperfections in this market: (iii) it will determine what the financial impediments are to meeting the demands of this market; and (iv) it will create a regional network of providers of goods and services for the SME management training market that has previously not been available. For Information contact: Elizabeth Boggs Davidsen Multilateral Investment Fund, IDB Tel: (202) 942-8279
	This site was designed by LANIC for the Inter-American Development Bank. This page was last updated on April 20, 1998. Copyright © 1998 Foro PYME / SME Forum, Inter-American Development Bank.