Rest@rts Project

REST@RTS PROJECT

 

 

 

Reinforcing Med Microfinance Network System for Start-ups

(Rest@rts)

 

Project in brief

ReSt@rts  offers an innovative and structural model of support that promotes, fosters, and facilitates access to finance and entrepreneurship skills for start -ups in the Mediterranean countries.

Access to finance is still a major barrier to business development in the Mediterranean region. Young entrepreneurs must fight to get proper financing. Capitalizing on findings and outputs from MEDSt@rts and other ENI initiatives, Rest@rts will provide technical guidelines and tools including the creation of an online platform that acts as a marketplace for both financial and non-financial services .

 

Who will benefit?

  • Young entrepreneurs and women usually considered as ‘non-bankable’
  • Business angels
  • Private and public finance institutions
  • Local and regional authorities

 

 

 

 

 

Project Goals

  • 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 for encouraging the creation of new economic and professional opportunities;
  • To strengthen the system of ethical microfinance, already started with the MEDSt@rts, in the Mediterranean area;
  • To strengthen 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 more collaborative approaches;
  •  To promote knowledge transfer processes to the new partners in the Mediterranean countries

 

Expected achievements

  • Industry microfinance study 2.0
  • Microfinance providers association set in place
  • Microfinance manifesto for public authorities
  • Technical Training to microfinance providers
  • Massive Online Open Course (MOOC) for aspiring Mediterranean entrepreneurs
  • Consultancy support to entrepreneurs
  • Digital marketplace platform that will gather supply and demand of micro funding

 

Duration                                              September 2021 – September 2023

Project Website                                https://www.enicbcmed.eu/projects/restarts

Project Facebook                          https://www.facebook.com/restartsproject  

 

 

Partners:

Role

Name of the organization

Country

Region

Lead beneficiary

Arab Italian Chamber of Cooperation

Italy

Lazio

Partner 1

Calabria Region

Italy

Calabria

Partner 2

Federterziario

Italy

Lazio

Partner 3

Leaders Organization

Palestine

 

Partner 4

Sfax Business Development Center

Tunisia

Sfax

Partner 5

Chamber of Commerce, Industry and Agriculture in Sidon and South Lebanon Acronym of the organization

Lebanon

 

Partner 6

ACHAIAN DEVELOPMENT ENTITY OF CHAMBER OF ACHAIA

Greece

Dytiki Ellada

Partner 7

Cyprus Chamber of Commerce and Industry

Cyprus

 

Partner 8

Ager Sarl

Tunisia

Tunis

 

 

Associates:

Role

Name of the Organization

Country

Associate 1

ECN - European Crowd funding Network AISBL

Other

 

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