Reinforcing Med Microfinance Network System for Start-ups

Lebanon National Mesures – Training and in kind grants

Training and in kind grants
Name of responsible organization: Afaf Mikhael Nehme
Website: www.edf-lebanon.org
NATIONAL OR LOCAL	N/L
Starting year	2019	End year	2021
Short description Edf Trained 1,100 MSMEs and provided in kind grants to 390 of them

What kind of activity does this measure finance?

Creation of new businesses	Yes
Strengthening of existing businesses	Yes
Specific investments – specify type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)	No
Training activities	Yes
Coaching	Yes

What type of financing is it?

Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)	/No If Yes, repayment time (years): If Yes, requirement for collateral:
Non-repayable grant (indicate the percentage of non-repayable fund)	Yes 100%
Tax credit	No
Other (specify)	No

How does the activation of the measure work?

One-stop means
Call with closing date

Financial entity of the measure (indicate the resources allocated)

Overall amount
% facilitation for each recipient
Minimum amount that can be financed
Maximum amount that can be financed
Origin of financial resources (European, State, Regional authority, Municipal authority, other)

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

	Female	Over 50	Unemployed (specify any type)	Disadvantaged groups (specify type)	Youth (specify age range)	Other (specify)
Individual	67%				18-35
Company	100%				18-35

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

Financial support + accompaniment/training	Yes
Only Financial support

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

YES

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

Number of initiatives 390

Total economic amount USD 427,800