The MEDSt@rts project and its Tunisian partner the Sfax Chamber of Commerce and Industry have launched two calls for applications in Lebanon and Tunisia to support the development of entrepreneurship among young people.
The common, specific objective of the initiatives is to identify and select 25 aspiring entrepreneurs – in each country – with innovative business ideas.
Potential applicants are unemployed young people (18-40 years) and companies that have recently started an entrepreneurial activity for a maximum of 4 years, whose partners or owner (in case of sole proprietorship) have an average age between 18-40 years.
Selected candidates will be involved in a process based on training and financial advice, with an intermediate selection for the final steps of mentoring and assignment of a financial support for an amount not exceeding € 10,000.
The deadline for applications in both countries is 15 August 2020.
The main objective of ‘Med microfinance support system for start-ups'(MEDSt@rts) project is to design a common cross-border strategy in the beneficiary countries (Italy, Greece, Tunisia, Palestine, Lebanon) by providing access to credit for usually non-bankable people, developing an innovative model which can be easily replaced in different environments.
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Press Release – Lebanon
Press release – Tunisia
ENI CBC Med – Cooperating across borders in the Mediterranean