Cerro Verde, a Freeport-McMoRan Company, Rewards Microentrepreneurs for Innovations

Apr 5, 2016 8:00 AM ET

The Cerro Verde Mining Company in Peru hosted the Innova Contest, which rewards the best innovations of local small and medium enterprises. The objective of the competition is to encourage diverse production and increase competitiveness according to market demand.

Thirty-one entrepreneurial businesses were provided with training in trade and services, manufacturing and agriculture. A total of 21 businesses from the districts of Uchumayo, Yarabamba, La Joya and Tiabaya were chosen as winners by a jury and received cash awards for their business growth.

Cerro Verde promotes the creation, improvement and development of micro and small enterprises through its various programs.

For further information about Freeport-McMoRan’s community investments, please see http://www.fcx.com/sd/community/comm_invest.htm

Please see the 2014 Working Toward Sustainable Development Report for more information on all of their social, economic and environmental efforts.