Tech R&D shutdown and Alterna

Due to budgetary constraints after 5 years AIDG is shutting down its tech R&D program to focus on its incubation services and getting more direct financial resources out to early stage SMEs in our region. AIDG will be concentrating more on capacity building for entrepreneurs and connection to higher levels of financing and revenue generation. Most of the physical plant resources and staff in the Guatemala Tech R&D program are being transitioned into a new Guatemalan venture called Alterna. Alterna will be working initially with Xelateco on more complex hydro-electric system installations. AIDG is continuing to close out existing projects in Guatemala, and is maintaining its Mason Trainings in Haiti.