The entrepreneurial sector is not 'owned' or driven by any single ministry or entity. Multiple actors - public and private - contribute to the success of the entrepreneurial economy.
In recognition of this, the Ministry of Industry and Commerce (MIC), seeks to bring together all relevant institutions for greater coordination and impact.
This vision is captured in Article 9 of "For the Promotion of Entrepreneurial Culture" (Law 5669/2016) and its regulatory decree.
National Entrepreneurship Network ('RED PyEMPRENDE')
The main functions of the network are to:
- Coordinate the implementation of strategic objectives of the entrepreneurial sector, within the framework of National System for Micro, Small and Medium Enterprises (SINAMIPYMES);
- Serve as space for dialogue within the entrepreneurial ecosystem, and for the advancement of initiatives that support, mentor, advise or train entrepreneurs;
- Make recommendations for the development of entrepreneurship public policies;
- Provide advice to the network's individual member institutions regarding the infrastructure and support mechanisms for entrepreneurship (design, launch, development and strengthening); and
- Help in the dissemination of information about the entrepreneurial sector.
A total of 53 institutions participate in this network, of which 28% are from the public sector, 36% from the private sector, 23% from civil society and Non-Governmental Organizations, and 13% from trade associations.
Advisory Council of the Paraguayan Entrepreneurial Ecosystem (CCEEP, for its Spanish acronym)
Article 9 of the aforementioned Law calls for an Advisory Council to the National Directorate of Entrepreneurship (DINAEM), with the role of advising on the needs and solutions for the full application of the law. This Council must represent all public, private and civil society entities that are involved in the entrepreneurship ecosystem.
This Advisory Council will meet monthly and is composed of:
- The head of the the National Directorate of Entrepreneurship (DINAEM).
- Six representatives of the PyEMPRENDE NETWORK.
The main functions of the Council are to:
- Collaborate in the development and implementation of metrics related to the ecosystem (GEM, PRODEM and others);
- Analyze, provide input and propose adjustments to financing instruments and other support mechanisms promoted by the Ministry;
- Analyze, comment on and propose candidates for receiving financing support via instruments promoted by the Ministry; and
- Declare of interest for the Paraguayan entrepreneurial ecosystem, events, initiatives and projects.
Article 2 of 2016 Law "For the Promotion of Entrepreneurial Culture" designates the Ministry of Industry and Commerce (MIC), as the lead institution in charge of promoting and fostering the entrepreneurial culture. This Law called for the Ministry to create the National Directorate of Entrepreneurship (DINAEM) under the Vice Ministry of Micro, Small and Medium Enterprises (MIPYMES) for such purposes.
September 29, 2016: the Law for the Promotion of Entrepreneurial Culture is signed by the President.
June 12, 2018: The official regulatory Decree of the Law for the Promotion of Entrepreneurial Culture is signed by the President.
January 31, 2020: Article 9 of the Law for the Promotion of Entrepreneurial Culture is regulated.
September 30, 2020: The inaugural assembly of the National Entrepreneurship Network ('Red PyEmprende') is held.
October 9, 2020: The first Advisory Council of the Paraguayan Entrepreneurial Ecosystem is formed.
Isaac Godoy, Vice Minister of MSMEs, Ministry of Industry and Commerce. He highlighted at the inaugural meeting: “In this space, each one of the participants contributes effectively to supporting Paraguayan entrepreneurs, and for that we basically need to strengthen all existing programs, and the opportunity to meet and coordinate, without a doubt, will give us that opportunity to make concrete alliances, resources, programs and actions in a coordinated and effective manner ”.
Edgar Colmán, National Directorate of Entrepreneurship (DINAEM), Ministry of Industry and Commerce.
Juan Paredes Romero, Director of Promotion, Development and Innovation, Ministry of Industry and Commerce.