[{"bbox": [177, 157, 771, 187], "category": "Section-header", "text": "# 4 IMPLEMENTATION ARRANGEMENTS"}, {"bbox": [191, 221, 478, 251], "category": "Section-header", "text": "## 4.1 Financing Agreement"}, {"bbox": [188, 267, 1100, 321], "category": "Text", "text": "In order to implement this action, it is envisaged to conclude a financing agreement with the partner country."}, {"bbox": [191, 355, 607, 385], "category": "Section-header", "text": "## 4.2 Indicative Implementation Period"}, {"bbox": [188, 401, 1100, 485], "category": "Text", "text": "The indicative operational implementation period of this action, during which the activities described in section 3 will be carried out and the corresponding contracts and agreements implemented, is 96 months from the date of entry into force of the financing agreement."}, {"bbox": [188, 502, 1100, 559], "category": "Text", "text": "Extensions of the implementation period may be agreed by the Commission's responsible authorising officer by amending this Financing Decision and the relevant contracts and agreements."}, {"bbox": [191, 591, 864, 622], "category": "Section-header", "text": "## 4.3. Implementation of the Budget Support Component: N/A"}, {"bbox": [191, 637, 542, 667], "category": "Section-header", "text": "## 4.4. Implementation Modalities"}, {"bbox": [188, 696, 1100, 774], "category": "Text", "text": "The Commission will ensure that the EU appropriate rules and procedures for providing financing to third parties are respected, including review procedures, where appropriate, and compliance of the action with EU restrictive measures²⁵."}, {"bbox": [177, 835, 526, 861], "category": "Section-header", "text": "### 4.4.1. Direct Management (Grants)"}, {"bbox": [188, 877, 461, 903], "category": "Text", "text": "Grants: (direct management)"}, {"bbox": [188, 967, 1100, 1074], "category": "Text", "text": "(a) **Purpose of the grant:** this grant seeks to underpin local efforts aimed at strengthening productive value chains by improving access to credit and technical assistance for producers and MSE owners under the agricultural, forest and tourism value chains while contributing to boosting productivity and competitiveness of Honduran micro and small businesses."}, {"bbox": [188, 1099, 1100, 1228], "category": "Text", "text": "(b) **Type of applicants targeted:** the implementation of this grant will achieve better results and complement the other two components of the action (Decision level) if it is implemented through a highly specialised and certified non-governmental institution that can **jointly provide financial and non-financial services under a single legal status**, with proven experience in the following areas:"}, {"bbox": [227, 1233, 1100, 1370], "category": "List-item", "text": "* CDE-MIPYME Región Lempa (Lead Coordinator): a public-private-academic organisation that provides specialised services for development of the MSME business sector of the Lempa Region, with 7 years of experience in socioeconomic development in alliance with strategic local, national and international partners. It is the first organisation of its kind to build a Business Innovation and Incubation Center (CIIE) in Honduras."}, {"bbox": [177, 1445, 1113, 1506], "category": "Footnote", "text": "²⁵ www.sanctionsmap.eu. Please note that the sanctions map is an IT tool for identifying the sanctions regimes. The source of the sanctions stems from legal acts published in the Official Journal (OJ). In case of discrepancy between the published legal acts and the updates on the website it is the OJ version that prevails."}, {"bbox": [631, 1526, 658, 1549], "category": "Page-footer", "text": "26"}]