In Tunisia multiple initiatives supporting entrepreneurship have been undertaken, in line with the needs of the different sectors, in order to contribute to the fight against unemployment and to support dynamism in entrepreneurship. The main measures include non-repayable grants for both early stage companies and for those already established. TRACE JENDOUBA and CEED TUNISIE are respectively aimed at rural and agritech companies; FAST and AFKAR are mainly working on start-ups; ADAPT represents an innovative project aimed at providing additional support to investment loan beneficiaries.
TUNISIA | |||||
NAME | TRACE Jendouba | FAST | CEED Tunisie | AFKAR | AICS |
NATIONAL MEASURE | X | X | X | X | X |
LOCAL MEASURE | |||||
FINANCED ACTIVITY | Strengthening of existing businesses + training | Creation and strengthening of existing businesses | Strengthening of existing businesses + training | Incubation programme, could propose an early stage financing for start-ups, NGOs and SMEs in the form of service pack. It’s a free grant but assigned after the presentation of a full dossier and final pitch in front of an external jury | Fosters transition towards sustainable production systems in agriculture, fisheries and aquaculture sectors |
TYPE OF FINANCING | Non repayable grants (the fund is looking for a leverage effect project contribution + bank/MFI/Leasing credit + own funds) | Non repayable grants | Low-interest loans, grants and loans of honour | Service pack (covering working capital, equipment and services) | A grant as support ot equity on the economic operators matching a loan in order to have a leverage effect in terms of investment |
ACTIVATION | Open procedure | Call with deadline | Call with deadline | Call with deadline | Rolling call |
FINANCEABLE AMOUNT | Overall amount: 1.2M $ (Contribution up to a maximum of 30% focuses on 14%(investment) 16% immaterial services (non material services – training, authorizations, regularization of decent work, other) | Up to 10,000 euros | Up to 110.000 TND | Up to 30.000 TND | Up to 70.000 EUR |
TYPE OF SOCIAL STRUCTURE | Rural enterprises | Women | Established enterprises | Start-ups | Established enterprises |
TYPE OF SUPPORT | Financial support | Financial support + training | Financial support + training | Financial support + training | Financial support |
FINANCED INITIATIVES OVER THE LAST 3 Y | 15 | 18 | 5 | 54 | 0 (pilot phase) |