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.
GIMED's main goal is to support entrepreneurs, particularly young and women, to better access to finance and markets in 5 Mediterranean countries: Spain, Lebanon, Palestine, Tunisia, Egypt and Italy. On the ground, the project will train and coach eco-innovators and encourage financiers to invest in the Mediterranean eco-innovation sector.
To this end, 200 coaching sessions on access to finance and markets will be held, 200 capacity building initiatives dedicated to entrepreneurs on eco-design and green business modelling will be organized and 8 sub-grants per countries will be awarded to consolidate the business creation and grow.
The European Union co-funds 90% of GIMED budget of approximately €2.6 million. The project will run until august 2022.
The EU-funded ENI CBC Mediterranean Sea Basin Programme 2014-2020 offers cooperation opportunities between partners from the Mediterranean area in fields of intervention such as economic development, education and research, social inclusion and environmental protection.