AL-INVEST Verde, focused on the fashion sector, is a strategic initiative that aims to promote the sustainable development and internationalisation of micro, small and medium-sized enterprises (MSMEs) in the fashion sector in Peru and Colombia. The project will be developed in collaboration with the Bogota Chamber of Commerce and the Peruvian Fashion Cluster. 

THE MODA SOSTENIBLE AL-INVEST Verde project is designed with clear and ambitious goals to strengthen the fashion industry in both countries, specifically in Lima and/or ICA (Peru) and in Bogotá and 59 municipalities of the department of Cundinamarca (Colombia). Through active collaboration between various entities, the aim is to positively transform the business landscape over a period of 20 months.  

With a total cost of 372,424.72 euros, the aim is to develop the sustainable capacities of more than 300 MSMEs in the processes necessary to obtain certifications and sustainability seals. In addition, it will facilitate the access of these companies to international markets, especially in Europe, through sustainable and responsible practices.  

As an additional result, the project focused on sustainable fashion will provide personalised advice to at least 30 MSMEs in the textile sector, helping them to close gaps and comply with sustainable certification standards, enhancing their competitiveness and presence in global markets. 

The success of AL-INVEST Verde is based on the active collaboration between trade union and sectoral entities, in addition to the support of academic and governmental institutions to strengthen training and regulation in textile sustainability. The Finnova Foundation, the Sustainable Fashion Cluster and the Bogotá Chamber of Commerce are key partners in this initiative. At least 300 MSMEs are expected to acquire solid knowledge on certification and sustainability processes, which will enable them to compete on equal terms in international markets and open up new business opportunities.

The 30 selected MSMEs will receive personalised advice to close gaps and achieve certification standards. Their access to international markets, especially in Europe, will be strengthened, benefiting both individual companies and the sustainable growth of the whole industry.