Reinforcing Med Microfinance Network System for Start-ups

Lebanon National Mesures – Ejada

Name of responsible organization: PPU
Starting year2018
Short description  
The Ejada Program is an integrated program to empower young people through specialized and intensive practical training and business, finance, counseling and networking services.

What kind of activity does this measure finance?

Creation of new businessesYes
Strengthening of existing businessesYes
Specific investments – specify the type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)Yes
Training activitiesYes

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)Yes
Non-repayable fund percentage is 100%
Tax creditNo
Other (specify)

How does the activation of the measure work?

One-stop means No
Call with closing dateyes

Financial entity of the measure (indicate the resources allocated)

Overall amount100,000 Seed fund + 30,000 Business service 
% facilitation for each recipient8.3%
Minimum amount that can be financed8000
Maximum amount that can be financed1000
Origin of financial resources (European, State, Regional Authority, Municipal authority, other)GIZ+ISDB

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)
Individual65%200Existent200 (18-35)

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

Financial support + accompaniment/trainingyes
Only Financial support

Is the measure considered a good practice and as such replicable in other national and / or international contexts?

YESYes, it is

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

Number of initiatives 12Total economic amount 100k+30k
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