PRONACOM is a participatory national program, facilitating inter-institutional efforts and alliances between the public, private, civil society and academia, for the development of the competitiveness of human and business capital that generates investment, contributes to the decentralized development of the country, improves the quality of life for Guatemalans and generate opportunities for formal employment.

The activities coordinated by PRONACOM are governed by the National Competitiveness Policy, which was approved through Governmental Agreement 103-2018 of June 11, 2018, whose objective is to make efforts to improve the productivity levels of the country's economy, knocking down barriers that limit business development and investment.

PRONACOM was created through Government Agreement 306-2004, which has been reformed through Government Agreements 21-2008, 39-2016 and 192-2016. This Governmental Agreement establishes that PRONACOM is made up of three organs: a. The Executive Committee, b. The Advisory Council and c. The Special Execution Unit.