Banco Macro : supports the NAVES Program

Buenos Aires, June 10, 2015. Banco Macro supports the NAVES Program, an entrepreneurship project competition conducted by IAE Business School that helps entrepreneurs to turn their ideas into ongoing business ventures and enterprises to strengthen their business projects. Banco Macro finances 100% of the competition, in each of its stages.

Banco Macro launched an internal campaign to recruit Small and Medium Enterprises (SME) customers interested availing from this opportunity.

NAVES will be held in 2015 in the Provinces of Salta, Misiones, Córdoba and Santa Fe and will receive projects from all business sectors, i.e. industrial, services, technological, agribusiness or other social purposes.

The competition in the referred Provinces shall commence as specified in the following calendar and shall end on November 17, 2015:

- Córdoba: June 18
- Santa Fe: June 19
- Salta: June 22
- Misiones: June 24

In the first stage of NAVES three seminars shall be delivered by lecturers of IAE Business School to approximately 160 SME totaling approximately 400 individuals. The seminars will include the following subjects: Basics of Finance, Marketing, Management & Operations, Soft Skills (Self-knowledge, Team Building, Leadership, Human Resources), Planning and Business Model.

Those enrolled in NAVES will participate in an entrepreneurship training course consisting of lectures delivered by IAE Business School professors and business specialists from other institutions. The Competition includes general lectures on Entrepreneurship topics, tutorships, mentorships and counseling for the resolution of practical issues.

The winners shall be selected in November. First and second prize awardees will receive:

• Free-education sessions in IAE programs.
• Free- accounting counseling sessions.
• Free- legal counseling sessions.
• Free-financing counseling sessions.
• One-year free lease of offices at the Laboratory of Parque Austral.
• Free-software development sessions.
• Free- market research counseling sessions.

Additionally, as final award Banco Macro will finance a trip for five awardees to the Commercial Mission to Moscow, Russia organized by Unión Argentina de Jóvenes Empresarios (UNAJE).

Providing support to SMEs and entrepreneurs is one of the pillars on which Banco Macro's sustainability strategy is based. By means of its different proposals Banco Macro accompanies entrepreneurs in each stage of their development.

"Spirit of improvement, a vision to enhance opportunities and enthusiasm to do things better or to learn those that were never attempted at. And desire, lots of desire to do things, that is what Banco Macro appreciates in those entrepreneurs we support", states Milagro Medrano, Institutional Relations Manager.

Milagro Medrano
Institutional Relations Manager