The training covered key concepts related to the identification, assessment, monitoring and mitigation of risks that may affect the achievement of the Fund’s objectives and the implementation of its activities.

The training covered key concepts related to the identification, assessment, monitoring and mitigation of risks that may affect the achievement of the Fund’s objectives and the implementation of its activities.

Risk management is a process aimed at the timely identification of potential events or circumstances that could hinder the achievement of organisational objectives, as well as at taking appropriate measures for their prevention, reduction or control.
Risk, in turn, refers to the possibility that a particular event may have an adverse impact on an organisation’s activities, resources, reputation or results.

Through such training initiatives, the National Innovation Fund reaffirms its commitment to strengthening administrative capacity, enhancing internal control and applying good management practices in its operations.