The CRUSA Foundation and the Multilateral Investment Fund of the Inter-American Bank (IDB) signed the cooperation agreement that launches the project “Reaching for Scale: Integrating Rural Economic Development Models into Public Policy”.
This agreement is an integral part of the public-private partnership between CRUSA, the IDB, and the Government of Costa Rica – in the framework of its “Tejiendo Desarrollo” program – to support the national strategy of rural economic development (RED) in the South Pacific and Central Pacific areas of the country.
The $2.2 million total investment for “Reaching for Scale” will benefit 300 micro and small entrepreneurs and producers, 10 local governments and 11 government entities by supporting the socio-economic and sustainable productive development of the Osa-Golfito region, and by attracting investment to the Central Pacific.
To learn more about “Reaching for Scale” click here (link to the project file).
Photo: The official signing of the agreement was held at the Presidential Palace in the presence of Mercedes Peñas, First Lady of the Republic (standing). The Head table was attended by Luis Diego Escalante, President of the Administrative Board of CRUSA, Olga Marta Sánchez, Minister of Planning; and Rafael Parot, IDB representative in Costa Rica.