Link in Med
(business partnership)

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Young entrepreneurs, let's invest in Med

Durée : 12 months,
Lieu : Tunisia, Morocco, Belgium

Micro-enterprises are essential for the creation of employment and value in the South and East of the Mediterranean. Nevertheless, young Mediterranean business leaders often find themselves helpless when it comes to internationalising their businesses. In fact, very few structures are in a position to provide them with in-depth support in this process, yet their needs are immense: needs for support in managerial training, in building strategic, financial and technological partnerships, in understanding foreign distribution systems or quite simply in cultural adaptation. The Young Entrepreneurs initiative has contributed to making up these shortfalls by creating links between Maghreb centres for young entrepreneurs (CJD) and European innovation clusters. Capacity building programmes covering the different aspects of business internationalisation (crisis management, cross-cultural approach, expansion strategies) have been organised along with business meetings.

Sectors

  • Other or not specified

Partners

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