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EUROMED Invest

Duration 
3 Years
Budget 
5 MILLION €

EUROMED Invest project is dedicated to the promotion of business and private investments in the Euro-Mediterranean area by fostering an inclusive economic development of the region. Indeed, this project aims to support business networks and investment in the strategy implementation to support the creation and the international development of Micro, Small and Medium Enterprises (MSMEs).

The project was set up by the MedAlliance consortium to which Businessmed belongs, and it is coordinated by the Anima Investment Network.

Funded by the European Union, the Provence-Alpes-Côte d’Azur Region, the City of Marseille and the Med Alliance consortium with a budget of 5 million Euros, EUROMED Invest plans to hold more than 125 actions in 26 countries during 3 years (from December 2013 to December 2016).

As for the aimed sectors, EUROMED Invest targets five promising sectors in terms of job creation and economic benefits for the Mediterranean Region:

  • Agri-food
  • Water and renewable energy
  • Tourism
  • Transport and logistics
  • Cultural and creative industries

In addition, the project  targets public and private organizations, business associations in Europe, in the countries of the southern Mediterranean and the candidate countries for the European Union: investment promotion agencies, chambers of commerce and industry, clusters, business organizations and entrepreneurs, funders,  private and public investors, SME development agencies, etc.

Objectives

The ultimate goal of EUROMED Invest is to boost private business and investment within the Euro-Med area to contribute to an inclusive economic development of the region.
The specific objective of the project is to empower Euro-Med business and investment networks to implement targeted strategies supporting the creation and the international development of micro, small and medium-sized enterprises in order to boost private business and investment within the Euro-Med area.

 

Activities

  • Euro-Med Business Roadshow in Southern Mediterranean countries
    This event aims at promoting a Southern Mediterranean country. Organising roadshows in the South allows to improve the image of the hosting country in the eyes of Europe and Southern Mediterranean businesses. It also increases the business partnership streams between the host country and European countries, as well as South-South relations and foreign direct investments (FDI).  
  • Euro-Med Business Roadshow in Europe
    Ideally organized in the wings of the most important commercial shows in Europe, this event aims at promoting all Southern Mediterranean countries, by emphasizing the economic opportunities they offer in the five targeted sectors of the project.  
  • Master Class for young entrepreneurs
    The Master class aims at developing the enterprise culture in Southern Mediterranean countries. These trainings are meant for a selected group of young entrepreneurs, in order to increase their capacity to outline and develop their own business projects. The presence of experienced and successful trainers from the Southern Mediterranean (women entrepreneurs and talented professionals from the diaspora in Europe) ensures both theoretical and practical learning.
  • Mentorship programme for entrepreneurs 
    The mentorship programme will set up a permanent service for all the entrepreneurs which benefit of EUROMED Invest actions. This instrument aims at developing sustainable partnerships between two businesses (co-production, co-innovation, co-marketing, etc.).
  • Cooperation and mentorship programme for Business Support Organisations
    This programme is a permanent service for Business support organisations that aim at developing sustainable partnerships with other similar entities. The scope of the programme being the improvement of services (for internationalization, FDI promotion, new entrepreneurs, etc.).
  • EUROMED Invest Academy 
    The EUROMED Invest Academies are training and experience sharing seminars between Business support organisations. These workshops aim at maximizing their exchanges in order to improve business support services in the different steps of the life of SMEs (start-up, growth and development, internationalization) as well as in the marketing field.

Partners