Proposed city bylaw would fund entrepreneurs

A new bylaw project created by Cuenca councilman Cristian Zambrano, Marco Andrés Ávila, and Dora Ordoñez, propose to create a fund to support entrepreneurs in the city. “The objective is help entrepreneurs to create new jobs,” said the councilwoman Ordoñez. The bylaw for the “Strengthening of the Entrepreneurship and Innovation in Cuenca Canton” was presented last week to representatives from the academic, corporative, business and public sectors. The municipality will earmark funds to adequately support the Economic Development Municipal Company (EDEC EP) to create a multi-sectoral committee that will choose the best entrepreneurs for funding and offer guidance to make the…

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