Green entrepreneurship: EU-funded GIMED project maps 25 potential investors in Palestine

February 6, 2020
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In Palestine, the GIMED project and its local partner Leaders Organization recently mapped 25 potential finance sources for green companies to which the beneficiary of the project, after a period of training in green business development, eco-design, access to finance and access to market, will propose their green business and innovative solutions for investments.

In Palestine, the lack of control over natural resources such as water and soil limits the economy from producing sustainable solutions. It is the scarcity of natural resources and natural threats that young and innovative green businesses try to solve through innovative business solutions.

While largely depending on traditional bank lending, normally quite resilient to allow credit, green SMEs struggle to finance riskier projects like innovation and investments in non-tangible goods. That is why alternative solutions have to be mapped to guarantee to these green SMEs the appropriate access to finance; a precondition that allows them to innovate.

The Green Impact MED Project – Positive Investments for Positive Impacts (GIMED) is a new EU-funded project, launched under the ENI-CBC Med Programme to support green entrepreneurs to better access finance and market in the Mediterranean.


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Press release

GIMED project

ENI CBC Med – Cooperating across borders in the Mediterranean

Countries covered:

  • Palestine *