EBSOMED and MED MSMEs regional programmes joined forces on October 4th on the occasion of the “Access to Alternative and Innovative Finance Comparative Study” webinar. The event aimed at sharing the results and recommendations of the “Comparative study on policies to facilitate Access to Alternative Finance for MSMEs in the EU South Med region” that is presented in the form of a discussion paper.

The webinar was an opportunity to take stock and discuss the experts’ recommendations and the way forward to turn them into concrete policy, regulatory and MSME support initiatives. it gathered policy makers, bankers, and alternative finance providers and other EU-funded regional programmes to allow them to learn about available policies and instruments in the region and also discuss the possible exchange of those polices and instruments among partner countries.

Dr Alaa Azz, Chairman of the EBSOMED Executive Committee shared his views on innovative and alternative access to finance priorities in the region with a particular focus on the private sector needs and expectations and in alignment with the EC Joint Communication for the Southern Neighbourhood. Sustainable finance, impact investments and trade facilitation mechanisms are at the core of the EBSOMED regional network and the promotion of an economy that works for people.

Several joint regional actions and synergies will be carried out in the coming months between the two projects.

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Download here the presentation of Dr Alaa Ezz during the Webinar.