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Home > Agenda Med > Med Young Entrepreneurs Coaching Network

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Med Young Entrepreneurs Coaching Network

Durée : 18 months,
Lieu : Alger, Algeria - Le Caire, Egypt - Beyrouth, Lebanon - Casablanca, ,Agadir, Marrakech, Marocco - Monastir, Tunis, Sfax, Tunisia

The entrepreneurs from South of the Mediterranean are faced with a triple deficit which is a handicap to their success: the lack of  financing to start up their projects, the lack of experience and networking to accelerate their development and the difficulty in accessing foreign markets. Invest in Med called upon the Réseau Entreprendre which developed a system of loans on trust based on associations of business leaders who undertake, financing aside, to accompany the supported entrepreneurs for two years. The objective of Med Young Entrepreneurs Coaching Network was to deploy this methodology in Lebanon and Tunisia and to connect these countries to the Réseau Entreprendre International, which associates six countries and has already financed nearly 5,000 entrepreneurs in Europe.

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Operations linked to the initiative

 
The Invest in Med programme aims at developing sustainable trade relationships, investments and enterprise partnerships between the two rims of the Mediterranean. Funded at 75% by the European Union over the 2008-2011 period, it is implemented by the MedAlliance consortium, which associates economic development organisations (ANIMA, leader of the programme), CCIs (ASCAME, EUROCHAMBRES), and business federations (BUSINESSMED). The members of these networks, as well as their special partners (UNIDO, GTZ, EPA Euroméditerranée, World Bank, etc.), gather a thousand of economic actors - mobilised through pilot initiatives centered on key Mediterranean promising niches. Each year, a hundred operations associate the 27 countries of the European Union and 9 Mediterranean partner countries: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestinian Authority, Syria and Tunisia. www.invest-in-med.eu