EBSOMED is a 4-year project, co-financed by the European Union and coordinated by BUSINESSMED as part of a consortium of six partners. More than thirty organisations from 26 countries are also affiliated to the project....
Enhancing Business Support Organisations and Business Networks in the Southern Neighbourhood,
is project co-financed by the European Union and coordinated by BUSINESSMED (Union of Mediterranean Confederations of Enterprises) as part of a consortium of six partners. More than thirty organisations from 26 countries are also affiliated to the project.
The ultimate goal of this 4-year project (2018-2022) is to promote the Mediterranean Business Ecosystem by boosting investment and job creation in the region with a view to economic growth. This will be done through the strengthening of the capacity building of
Business Support Organisations (BSOs) in the Southern Neighbourhood Countries.
More specifically, EBSOMED intends to increase the overall capacity management of Business Support Organisations (BSOs) in the Euro-Mediterranean region by improving the services offered to SMEs.
The action strives to empower MED Private Sector stakeholders by:
- developing Business linkages and networks between Southern Neighbourhood, BSOs and EU counterparts,
- supporting them in seizing the financing services offered by Development and Finance Institutions (DFI)
At the entrepreneurial level, EBSOMED will stimulate trade and investment flows by supporting the internationalization of Euro-Mediterranean SMEs.
EBSOMED will give a new dimension to regional integration through the establishment of a sustainable hub and the development of win-win business partnerships in the Euro-Mediterranean region.
EBSOMED has a budget of 6.25 million euros, funded by the European Commission up to 80%.
Beneficiaries: 10 ENI South Partner Countries.