Young entrepreneurs ask the Nuevo León Congress to allocate 1% of the budget to support MSMEs

Monterrey, NL. The Young Entrepreneurs Commissions of Caintra, Coparmex and Canirac Nuevo Leon submitted a request to local deputies, to focus the discussion of the budget for fiscal year 2022, on micro, small and medium-sized enterprises (MSMEs), and allocate at least 1% of the total to a support fund for this segment.

“The Law for the Promotion of Micro, Small and Medium Enterprises, establishes in article 14, that it is ensured that the amount (destined to MSMEs) is not less than 1% of the total income authorized in the Income Law before financing ”, indicated Jorge Cervantes, president of the Youth Commission of the Chamber of the Transformation Industry of Nuevo León (Caintra).

He highlighted that in the year 2021 only 0.15% of the support corresponding to MSMEs was assigned.

We come from a stage of important economic recovery, (during the pandemic) many businesses had the need to close their doors and SMEs have always tried to carry out our businesses, we believe that it is time for the government through the executive’s proposal state and the discussion that begins this Monday, November 22 in the legislature, include these supports so that we can achieve faster economic recovery, ”Jorge Cervantes stressed.

If the 1% had been met, this year at SMEs They correspond to 970 million pesos, approximately, as soon as the proposal of the state executive for 2022 was presented, the businessmen hope that this 1 percent will be considered.

It is worth mentioning that among the 21 budget proposals of the Sustainable Wealth Generation Cabinet, an expenditure of 100 million pesos is projected for the development of companies through the Support Trust for the Creation and Consolidation of Productive Employment (Focrece) and it is ensured that this figure is potentiated up to 2.300 million pesos for loans to SMEs.

“Thousands of SMEs that are part of the Nuevo León business ecosystem would have access to the support fund, which has three objectives: to grant loans or financing to SMEs; financing to public and private business incubators so that they can invest in projects that benefit the state, and provide financial or in-kind support to SMEs that require it, ”he emphasized.

Young entrepreneurs perceive that 2021 has been a year of great effort to continue with their businesses, due to the fact that the pandemic generated various impacts on the industrial, commercial and services sectors.

For example, the National Chamber of the Restaurant and Seasoned Food Industry (Canirac) of Nuevo León suffered the closure of many establishments, so said 1% support fund, “would be a very important public investment, because SMEs generate thousands of jobs,” emphasized Jorge Cervantes.


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