DIAMED: Supporting the creation of businesses and investment by the diasporas

January 7, 2016
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DiaMed, a regional project supported by the EU, published on 29 December 2015 a retrospective of the highlights of its activity at mid-term and its goals for 2016. 

Notable achievements are the training meetings to “strengthen support for the professional integration of the Maghreb’s young graduates and for local entrepreneurship”, as well as “support for entrepreneurs of the Maghreb countries’ diasporas in investing in their country of origin.”  

Of Diamed’s total budget of €2.3 million, 80% is financed by the European Commission. Its goal is to support activity creation and jobs in the Maghreb on the theme of “migration, training and support for jobs and local development”.  

DiaMed aims to promote the commitment of institutional and local economic players, the involvement of the diasporas and the realisation of the full potential of the Maghreb’s young graduates while encouraging a spirit of enterprise and the transfer of skills.   
 
By 2016 it plans to contribute to local development and strengthen entrepreneurship in the Maghreb countries through activities designed to support investment projects, innovation transfer, training, coaching and personalised support.  
 
Link:
 

Countries covered:

  • Algeria
  • Morocco
  • Tunisia