Reinforcing Med Microfinance Network System for Start-ups


ReSt@rts’ goal is to provide technical guidelines and tools  including the set-up of an online platform – to enhance and foster the results of the MEDSt@rts and GIMED Projects and ENI initiatives in the Med countries, allowing a significant number of potential entrepreneurs from the Mediterranean area to realize long-term social returns. 

ReSt@rts’ objectives are:

  • To promote the transfer of knowledge and best practices in the Mediterranean area, for the promotion and improvement of access to finance initiatives according to ethical principles;
  • To support business development services that encourage the creation of new economic and professional opportunities;
  • To strengthen the system of ethical microfinance, already started by the MEDSt@rts, in the Mediterranean area; 
  • To empower a transnational network, which can be the right approach to link the demand with the offer of financial and non-financial services;
  • To enhance field experiences and improve peer to peer initiatives by adopting collaborative approaches;
  • To promote knowledge-transfer processes among the new partners in the Mediterranean countries.

ReSt@rts will create an innovative and full-structural model of support to provide access to finance, inspired by ethical finance and solidarity principles, to be re-adjustable and easily replicable in multiple environments.

  • Main tangible and immediate expected change;
  • New jobs necessary to the Project implementation (about 42 HRs);
  • New services to subcontractors;
  • New stable subject devoted to act as catalyst and broker for all involved actors (O.3.2);
  • New Market Place Platform targeted at Med area;
  • Implementing new Euro-Mediterranean partnership;
  • Active involvement of local communities’ members, public authorities of both side of the Mediterranean involved areas;
  • New entrepreneurially minded youth and women;
  • New MSMEs founded or extended thanks to support received in accessing finance.

In the mid and long term:

  • Development of new products and non-financial services available both in domestic and foreign markets;
  • New jobs created;
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