A dedicated Trust Fund for the Promotion of the Software Industry (FONSOFT) has been established. Managed by the National Agency of Scientific and Technological Promotion, it supports R&D projects, professional training, quality improvement and start-ups. It targets individuals as well as new firms. Financial support includes a subsidy of $45,000 to be executed over a two-year period. Activities eligible for funding include hiring professional services, obtaining technical assistance and a certain proportion of the entrepreneurs’ salaries.