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ARGENTINA - Unido

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development/consolidation of local entrepreneurship, foster innovation, and access to new<br />

technologies/markets as well as strengthening the linkages of Argentinean SMEs to the<br />

global economy. The Programme is structured in three major areas of intervention:<br />

I. Upgrading of SME Systems to foster Export Market Access.<br />

II. Investment and Technology Promotion and Project Completion activities<br />

aimed at increased international competitiveness of Argentinean SMEs,<br />

through the promotion of foreign partnerships and access to financial<br />

resources.<br />

III. Institutional capacity building towards the establishment and the<br />

operation of Mutual Credit Guarantee Funds in Argentina, as important<br />

institutional mechanisms for mobilizing financial support to SMEs.<br />

The following objectives, outcomes and outputs are stated in the original project<br />

document:<br />

Development Objective:<br />

To support ongoing effort of the Government of Argentina and of Argentinean enterprises<br />

to overcome the present economic crisis and increase export of manufactured products.<br />

Immediate Objective:<br />

The recovery of the Argentinean industry by upgrading SMEs through better access to<br />

credit and export markets.<br />

Output 1: SMEs Upgrading and market access (export consortia/value chains).Up to 5<br />

Export Consortia and their enterprises upgraded.<br />

Output 2: Investment Opportunities in less developed areas<br />

Up to 100 Industrial investment opportunities in Argentina identified and brought to the<br />

attention of potential foreign investors<br />

Output 3: Project completion facility – Italy-Argentina partnerships<br />

Project Completion - Potential partners from Italy and Argentina assisted in negotiations of<br />

investment projects (at any stage between initial contracts and a conclusion of a contract)<br />

Output 4: SMEs Mutual Credit Guarantee Fund (Pilot Scheme)<br />

Mutual Credit Guarantee Fund – Introduction of pilot Mutual Credit Guarantee Schemes at<br />

cluster/export consortia level in Argentina, including the functioning of such a scheme,<br />

with issuance of guarantees for selected industrial cooperation projects<br />

Implementation of the projects started in November 2002 (first Project Allotment Document<br />

date) and is still ongoing. An extension into a possible next phase is being considered. The<br />

results of the present evaluation will be discussed in a meeting of the project steering<br />

committee planned for May 2007.<br />

BUDGET INFORMATION<br />

The original budget as contained in the project document amounted to EURO 4,616,000<br />

(excluding UNIDO support cost). The financial information presented below is based on<br />

financial information in UNIDO’s Agresso system as of 14 February 2007, rounded up to<br />

the nearest digit, and is exclusive of project support costs.<br />

70

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