<p>This descriptive-explicative, project was developed as an analysis of the business reality of Small and Medium Enterprises(SMEs) in the province of Sugamuxi, treating the specific topic of Intellectual Capital (IC) in these organizations. During the research, theoretical and conceptual references related to the valuation of IC to identify an IC valuation model that matches the characteristics of small and medium enterprises (SMEs) in the province of Sugamuxi were addressed, based on existing measurement models that are applicable to their own business context of these organizations. The primary source of information was a survey applied to managers of SMEs. As a starting point, the concept of IC was adopted establishing the most relevant aspects that influence in business performance as well as its importance in the economy and the new concept of wealth. In parallel, different models for its valuation were examined, establishing fundamental characteristics and the impact they have on the management of organizations, highlighting the determinants within each model that allow a proper assessment of IC. Thus, it was possible to conclude that there is no model that fits entirely to the SMEs own characteristics; so that as a result a model that combines characteristics of the three models (Navigator of Skandia, Intelect and Intellectus) that are closer to the reality of such organizations is proposed, a tool to achieve the actual measurement of the value of their companies.</p>