Resolution No. 164/2011 enacted by the Small and Medium-Sized Enterprises and Regional Development Secretariat on June 24, 2011 (published in the Official Gazette on June 28, 2011)

Call for bids to submit projects within the “FONAPYME INDUSTRIA III,” aimed at supporting investment projects directed to increase the capacity and/or the efficiency in processes related to value generation. Those who may receive financing are the industrial and mining small and medium-sized enterprises with up to AR$82,200,000 total annual sales, excluding VAT and internal tax. Financing will cover up to 70% of the project’s total cost; comprising a minimum of AR$100,000 and a maximum of AR$1,500,000.