METHODOLOGY

Needs

Key Resources to operating a SBDC

1100 SBDC Iin United States

100 in Mexico

60 in Center-America

47 South America

2012

2013

The adaptation process started out by transferring the SBDC Methodology from the USTA and SBA

2014

A national delegation mission visited the UTSA headquarters with the purpose of learning first-hand SBDC’s operations.

2015

INNpulsa, the High Impact Entrepreneurship and Innovation Colombia Agency called a public offering No. FMI-SBDC016-2015  for operation  of the  first 4  Small Business Development Centers.

2015

A  SBDC proposal was approved after being submitted jointly by The Santa Marta Chamber of Commerce and PPA stakeholders such as the University of Magdalena, FENALCO and Fundemicromag.

MONITORING OPPORTUNITIES FOR REGIONAL DEVELOPMENT

27th May of 2015: Approved Proposal

11 November of 2015: Contract Sign

15 January of 2016: Constituent Deed

¡There are only 4 approved centers in the country!

15 March of 2016: Accreditation

CONSULTING MAIN FEATURES

Cost-free

Long term

Confidential

"Since it started out, Magdalena SBDC has mapped prospective and scalable social business models and projects in the region”.  -CDE Progresa Magdalena.

What our MSMEs Need?

Specialized technical business assistance.

Links to Global Value chains in distribution and commercialization linkages.

Tailored training

PRIORITIZATION RATIONALE

MIF Topics alignment to our work and mission

- Women Empowerment

- Early stage Entrepreneurs (Start-up)

- Small Producer and High Value Agriculture    Markets

-Value Chains

MAPPED BUSINESS DEVELOPMENT OPPORTUNITIES

Social Businesses (Social Entrepreneurship Program)

Rural High Impact Entrepreneurship (Small Producers and High Value Agriculture Markets and Value Chains)

Start-Up High Impact Growth

Nekonoyume - Interactive Visual Novels

Maker - 3D Printing education

Association of Armed Conflict Victim's Women "Weaving Social Fabric"

Association of Sierra Nevada de Santa Marta's Coffee producer and artisan Women

Proposal of Financial Sustainability

PROPOSAL: To contribute to MSMEs growth and consolidation through business creation, business strengthening and economic and social development generation

AREAS: Access to Markets and Skills

DESCRIPTION: The amount of money requested as MIF contributions is a US$400.000 grant for three years period timelapse until 2019.  This accounts for roughly 70% of the total  of proposed amount of the project (US$520.000)

Magdalena Regional Commission of Competitiveness

1. Horticulture at the Zona Bananera.

Development and implementation, on a commercial scale sustainable production model of vegetables to ensure stable and sufficient income to families of 200 single mothers linked to industry oil palm in the Department of Magdalena, with ability to replicate in other regions' Department

2. Acuiculture in Tenerife.

Provide fishermen's Association with culturally-sustainable productive model to grow fishes adapted within a framework of climate change mitigation for increasing their income, provide with nutrition of their families and minimize pressure on the ecosystem by overfishing and overfishing.

3. Sustainable Livestock in Magdalena.

The project will demonstrates the possible innovations for small and medium scale producers at the Demostration and Trainning Farm (DTF) in Tenerife and Pivijay by educating farmers in the short term to well manage and administer the farm and in the long term by producing ennhanced milk and meat production.

MIF Top Aligment: Small Producer and High Value Agriculture Markets  -  Value Chains

Strategic Projects

Business Development Center

1. Vive Digital Lab Magdalena

Enable the infraestructure and administrative endowments for  Vive Digital Lab Hub in the department of the Magdalena, aiming to foster digitial entrepreneurship skills as well as apps development projects, easing the access for entrepreneurs, businesspeople and public institutions of the Department of Magdalena. Elementary and High or Upper Middle school 

MIF Top Aligment: Start-Up and Early Stage Equity Funds

Required Budget: US$ 800.000

Objectives:

500 Entrepreneurs and businessman trained in digital contents

40 public servers trained in digital contents

500 students of the public schools trained in digital contents education

Strategic Projects

Business Development Center

2. INNOVASANTA MARTA - Innovation District

Description:  To nurture the appropiate conditions of infrastructure, public spaces and economic environment that encourage the settling and growth of start-ups and high value companies, creating harmonic scenarios for innovation, technological development, and business opportunities  within social and strategic economic sectors of the ecosystem.

MIF Top Aligment: Start-Up and Early Stage Equity Funds

Objectives

- Building-up of the 20 hectares to host companies

-  Attraction of high-value companies

-  Attraction of R&D high-value's companies departments

Required Budget: US$ 20'416.666 (10%)

Strategic Projects

Foundation for the Microentrepreneurial Development of Magdalena

OUR PURPOSE 

We are the foundation of Santa Marta Chamber's of Commerce. We provide support and enable Micro-entrepreneurs to start the processes the formalization and business strenghtening by means of trainings, permanent assistance and micro-financing.

Our orientation allows us to provide opportunities for financial, economic and productive inclusion that help generates businesses higher rates of growth.  

OUR RESULTS 

Millions allocated in Microcredits

underserved families  financially inclusived

Financial Inclusiveness to traditionally excluded population groups (Piramid Base)

Productive Inclusion to vulnerable population through innovative models for income generation

nonrefundable Seed Capital

users with formal jobs

systems of microfranchyse

businesses plans funded

Soft Skills Development (entrepreneurship, business-driven appraoch and management) for pyramid base population

entrepreneurs users

users trained in employability

Proposal of Financial Sustainability

Purpose: To offer Business Development services characterized by two components, as it follows, permanent tailored assistance and microfinance through seed capital and loans enabling social and economic inclusion.

Targeted Areas in MIF: Access to Finance and markets

Components: Microfinance in undersserved markets

Description: US$93.300 anually. This amount of money accounts for 70% of the total budget for every fiscal year. The total budget totalizes US$133.000

Global Proposal of Financial Sustainability

PROGRESA MAGDALENA SBDC  = US $ 400.000 (NEXT 3 YEARS )

FUNDEMICROMAG = US $   600.000 (1 YEAR)

           INNOVATION DISTRICT = US $ 2.041.666 (10 % To Start  )

VIVE DIGITAL LAB = US$800.000

Magdalena Regional Commission of Competitiveness = ND

TOTAL =

US $ 2.583.684