Family businesses play a key economic role in Colombia. To survive the transition to the second or third generation, the Corporation for inter-American investments (IIC) and local banks and Bancóldex already since 2009, they have been offering an educational program called FINPYME Family Business. It focuses on the development of responsible business, sustainable growth, preparedness for succession and support entrepreneurial spirit. Its goal is to provide family benefits solutions tailored to their individual needs.