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INVESTMED (InNoVativE Sustainable sTart-ups for the MEDiterranean)

Duration
30 months (from: January 2021 to: June 2023)

Action
ENI CBC MED Programme 2014-2020 – Call for Strategic Projects

Description
LUMSA University has been selected by the European Commission to carry out as partner the project InNoVativE Sustainable sTart-ups for the MEDiterranean (INVESTMED), presented within the framework of the Programme UE “ENI CBC MED – Strategic Projects – Priority A.1.1. Support innovative start-up and recently established enterprises”.

The ENI CBC MED Programme responds to the general objective to promote throughout the Mediterranean an equitable and sustainable economic, social and territorial development, to create a fertile ground for the integration and development of the participating countries. The Programme’s strategic projects are developed in synergy with the other main European, national and regional policies of the Mediterranean area and contribute to the development and innovation of public policies.

The coordinating body of the project is the Union of Mediterranean Confederations of Enterprises (BUSINESSMED), based in Tunis. LUMSA University will collaborate to the project’s aims with its own research Unit, under the responsibility of prof. Giovanni Ferri (g.ferri@lumsa.it).

INVESTMED’s action project, to be activated in Italy, Spain, Greece, Tunisia, Lebanon and Egypt, will be distributed over 30 months and intends to create, in Egypt, Lebanon and Tunisia, an environment favourable for the start-ups and the MSMEs (micro and small-medium enterprises) recently established such that those enterprises may effectively respond to the regional challenges, in particular to those regarding the high unemployment rates among the young and the women. More in detail, the project will facilitate for those enterprises the access to equity capital and to new markets through actions of capacity building, coaching and campaigns to protect intellectual property.

The other project partners together with LUMSA University are: