Reinforcing Med Microfinance Network System for Start-ups

Appui aux entrepreneurs et prometeurs migrants et tunisiens

Appui aux entrepreneurs et promoteurs migrants et tunisiens
Name of responsible organization: CEED Tunisie
Starting year 2021 – End year 2022
This project fosters socio-economic inclusion of young migrants and Tunisians running an project through entrepreneurship support

What kind of activity does this measure finance?

Creation of new businessesYes
Strengthening of existing businessesNo 
Specific investments – specify type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)Yes  
Training activitiesYes
Other (specify) No

What type of financing is it?

Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)No
Non-repayable grant (indicate the percentage of non-repayable fund)No
Tax creditNo
Other (specify)Yes Equipment

How does the activation of the measure work?

One-stop means  
Call with closing dateX

Financial entity of the measure (indicate the resources allocated)

Overall amount115.000 EUR
% facilitation for each recipient13%
Minimum amount that can be financed2.000 EUR
Maximum amount that can be financed2.000 EUR
Origin of financial resources (European, State, Regional authority, Municipal authority, other)European

Type of funded social structure (indicate if belonging to a specific category is required in order, to access the measure)

FemaleOver 50Unemployed (specify any type)Disadvantaged groups (specify type)Youth (specify age range)Other (specify)
IndividualYesNoYes YesYesNO
Company NoNoNoYesYesNo

Does the measure provide for accompaniment and training or only financial support?

Financial support + accompaniment/trainingX
Only Financial support

How many initiatives have been financed in the last 3 years and for what economic amount?

Number of initiatives   8Total economic amount   16.000 EUR
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