Sercotec has opened applications for its Crece 2026 fund, allocating over $5 billion to accelerate the growth of small and medium-sized enterprises (SMEs). The program provides individual subsidies of up to $5 million to help businesses scale their operations and increase their market competitiveness.
- Total Fund: Over $5 billion available for distribution.
- Individual Subsidy: Up to $5 million per eligible SME.
- Target Audience: SMEs and cooperatives across the country.
- Recent Activity: Program launch in Coquimbo and application extensions for cooperatives.
How the Crece 2026 Funding Works
The Crece 2026 initiative is designed as a competitive subsidy aimed at businesses that have already moved past the initial startup phase and are looking to scale. According to local media reports, the fund provides a financial injection of up to $5 million per company, which is intended to drive business expansion and modernization.
Support for Cooperatives and Regional Expansion
While the fund is broadly available to SMEs, Sercotec has specifically extended the application window for the development of cooperatives. This move aims to ensure that collaborative business models have sufficient time to apply for the growth incentives.
Implementation is already underway at the regional level. In the Coquimbo region, Sercotec launched the program alongside a beneficiary company based in La Serena, signaling a decentralized approach to distributing the $5 billion pool of funds.
Real-World Application: The Case of One Gym
The practical application of the fund is evident in beneficiaries like “One Gym,” a sports facility exclusively for women. By utilizing the Crece 2026 subsidy, such specialized businesses can invest in infrastructure or services to grow their footprint and serve a larger client base.
