• A New Business Advisory Initiative Will Benefit 150 SMEs
• Training will include resilience, decision-making, and conflict resolution.

WASHINGTON — The IDB and its private sector arm, IDB Invest, together with the Tegucigalpa Chamber of Commerce and Industry (CCIT), are launching a business advisory initiative to strengthen the small and medium-sized enterprise (SME) ecosystem in Honduras, promote entrepreneurship, support the reintegration of migrants, and provide resources and skills to women entrepreneurs.

This new program is made possible through the Women Entrepreneurs Finance Initiative (We-Fi). It aligns with the strategic priorities of the Government of Honduras and IDB Invest to support SMEs—a key pillar for socioeconomic development and job creation.

The initiative aims to benefit 150 businesses by providing practical tools for formalization, business launch, and growth. The program will also include training in business resilience, decision-making, and conflict resolution, contributing to sustainable job and income generation in the country and the socioeconomic reintegration of migrants.

The initiative will be supported by US$270,000 in funding, including a US$150,000 contribution from IDB Invest and US$120,000 from the IDB. These non-reimbursable resources will enable the implementation of specialized technical assistance, in coordination with the IDB’s Migration Unit.

Thanks to We-Fi’s support, at least 50% of the beneficiary businesses will be women-led. The program will be implemented by CCIT, a business association with extensive experience strengthening Honduras’s entrepreneurial ecosystem.

About the IDB

The Inter-American Development Bank (IDB) is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the IDB works with the region’s public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise and knowledge, it promotes growth and well-being in 26 countries.

About IDB Invest

IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $21 billion in assets under management and over 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website www.idbinvest.org/en.  

About the Tegucigalpa Chamber of Commerce and Industry (CCIT)

The Tegucigalpa Chamber of Commerce and Industry (CCIT) is a trade organization with more than 134 years of service to Honduras’s economic development. Its work focuses on representing and supporting productive sectors, promoting a favorable environment for investment, free enterprise, and business formalization. Through strategic actions, training programs, technical services, and coordination spaces with the public and private sectors, CCIT works to strengthen business competitiveness, generate employment, and foster sustainable growth in the country. Its institutional leadership positions it as a key player in transforming and energizing Honduras’s business ecosystem.