The Mediterranean area is largely affected by a generalized economic slowdown causing difficulties for MSMEs in terms of competitiveness, sustainability, internationalization and capacity to innovate. The EU-funded INVESTMED project within the ENI CBC MED Programme calls for advanced solutions to ensure sustainable growth, economic development and protect the existence of existing and upcoming start-ups.
INVESTMED is set to positively impact young graduates, entrepreneurs, aspiring entrepreneurs and women of all ages, who will take part in the project’s sustainable business management training program, the ‘business idea in the scouting stage’ coaching and mentoring course and the INVESTMED funding and CCI venture support. MSMEs and Start-ups, with young people/women in managerial positions, will receive a tailored support scheme, take part in incubation and acceleration program as well as be part of online business platforms. Lastly, the project will positively reinforce public authorities and decision makers, whose capacities to facilitate access and protect Intellectual Property Rights (IPR) to MSMEs through the development of a bilingual (English/Arabic and French/Arabic) guidebook to IPR and its commercialization as well as offering IPR reviews and training.
CEEBA shares interest with 8 other organizations from 6 Mediterranean countries in the implementation of the INVESTMED project:
· Tunisia: BusinessMed Union of Mediterranean Confederations of Enterprises
· Spain: European Institute of the Mediterranean
· Spain: Euro-Mediterranean Economists Association
· Lebanon: Beyind Reform and Development/ Irada Group S.A.L
· Greece: Institute of Entrepreneurship Development
· Italy: Free University Maria SS. Assunta
· Italy: Rumundu Social Promotion Association
· Egypt: Confederation of Egyptian European Business Associations
· Spain: Spanish Chamber of Commerce
INVESTMED has a total budget of 3.8 million euros and will be funded by up to a maximum of 90% through the “Mediterranean Sea Basin Programme” ENI CBC Med 2014-2020. The 2014-2020 ENI CBC Mediterranean Sea Basin Programme is a multilateral CrossBorder Cooperation (CBC) initiative funded by the European Neighbourhood Instrument (ENI). The Programme’s objective is to foster fair, equitable and sustainable economic, social, and territorial development, which may advance cross-border integration and valorize participating countries’ territories and values. The following 13 countries participate in the Programme: Cyprus, Egypt, France, Greece, Israel, Italy, Jordan, Lebanon, Malta, Palestine, Portugal, Spain, Tunisia. The Managing Authority (MA) is the Autonomous Region of Sardinia (Italy). Official Programme languages are Arabic, English, and French.
For more information, please visit: INVESTMED | ENI CBC Med