EU Funded SwitchMed develops toolkit for Green Entrepreneurs
October 9, 2018
SwitchMed has developed a practical toolkit for Green Entrepreneurs to better access to finance in the MENA Region. Within the framework of the EU-funded SwitchMed programme, SCP/RAC has developed a practical toolkit for Green Entrepreneurs from Morocco, Algeria, Tunisia, Egypt, Lebanon, Israel, Jordan and Palestine to define the better funding strategy according the level of development of each company.
Using this innovative tool,Green Entrepreneurs can better determine their level of business development, discover the finance opportunities according their finance needs and determine, in 4 easy steps, the right funding strategy for their green project. By the end of the 4 steps of the Finance Toolkit, the Green Entrepreneurs will have more instruments and knowledge to approach potential investors and adjust their fund raising strategy.
The SwitchMed sustainable consumption and production programme aims to promote a switch by the Mediterranean economies towards sustainable consumption and production patterns and green economy, including low-emission development, through demonstration and dissemination of methods that improve resource and energy efficiency. It also seeks to minimise the environmental impacts associated with the life cycle of products and services and, where possible, to promote renewable energy.