Reinforcing Med Microfinance Network System for Start-ups

Lebanon National Mesures – Ebtaker

Name of responsible organization: PCMA
Starting year3/2021End yearN/A
Short description of the program   
A platform that supports fintech initiatives

What kind of activity does this project finance?

Creation of new businessesYes
Strengthening of existing businessesYes sometimes
Specific investments – specify the type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)Yes, Fintech is more on the website 
Training activitiesNo
Other (specify)

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 the non-repayable fund)No
Other (specify)Registration only or a letter of recommendation to Authorities

How does the activation of the measure work?

One-stop-shop  (physical or virtual), where the potential beneficiary can go whenever he/she wants.Yes
Call with closing date

Financial entity of the measure (indicate the resources allocated)

Overall amountN/A
% facilitation for each beneficiary N/A
Minimum amount that can be financedN/A
Maximum amount that can be financedN/A
Origin of financial resources (European, State, Regional Authority, Municipal authority, other)N/A

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)

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

Financial support + accompaniment/trainingN/A
Only Financial supportN/A

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

Number of initiatives 10-15Total economic amount Non
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