InNoVativE Sustainable sTart-ups for the MEDiterranean

About the project

On the one hand, Mediterranean MSMEs face important challenges in terms of competitiveness, sustainability, internationalization and capacity to innovate which call for new solutions to ensure their growth and continued existence. On the other hand, greening the economy and enhancing natural assets can provide both economic and environmental benefits in the Mediterranean region. On this basis, the INVESTMED project aims at addressing both economic and environmental challenges, supporting new, sustainable business opportunities for young people and women in three countries: Egypt, Lebanon and Tunisia. INVESTMED is set to positively impact both MSMEs, which staff will be trained and coached to become more competitive, and public authorities, which capacities to facilitate access and protect Intellectual Property Rights (IPR) to MSMEs will be reinforced.

Key information

InNoVativE Sustainable sTart-ups for the MEDiterranean
A.1 Business and SMEs development
A.1.1 Start-ups and recently established enterprises
Tunisia, Spain, Lebanon, Greece, Italy, Egypt

Financial data

3.6 million
Total budget
3.4 million
EU contribution
Project co-financing


Project in numbers

Technical outputs

Project duration

Start date
End date





Project outputs




To support the development of sustainable entrepreneurship and business initiatives, by creating a backing environment and facilitating access to new markets with the final goal of generating increased economic opportunities and jobs for young people and women

What will be improved?

INVESTMED is expected to produce tangible and long-lasting impacts. At least 20 MSMEs targeted by the project will reach and maintain €25,000 of sales while no less than 40 job contracts will be signed by young people and women. Moreover, 4 MSMEs will access to new markets and 30 will launch new products and services. The impact on public authorities will be ensured too, with a minimum of 10 public authority staff trained to be able to act as multipliers in their institutions, which, in turn, will support 20 recently created companies to apply for IPR protection.

Who will benefit?

  • 315 young graduates, entrepreneurs, would-be entrepreneurs and women
  • Mediterranean start-ups/recently established enterprises 
  • Business Support Organizations
  • 10 public authorities 

Expected achievements

  • 21 sustainable business management training events
  • 42 business ideas developed by young entrepreneurs
  • €105,000 of risk capital raised for 21 young entrepreneurs
  • 16 creative initiatives supported
  • 1 support scheme tailored to the needs of MSMEs/start-ups with youth/women in managerial positions 
  • 3 Business Support Organisations supported to establish long-term incubation and acceleration services 
  • 3  IPR consultation and review meetings held in order to support Intellectual Property offices and organisations to undertake IPR law and regulation reviews in the participating countries
  • 5 specific trainings on IPR management held 

Contribution to policy-making

Advocacy sessions and frequent consultations with policy-makers will ensure that they are aware of the impact of INVESTMED’s results with a view to discuss future policy orientations. Besides, Business Support Organizations, financially supported by the project, are expected to operate on the long-term considering that the grant is only an initial incentive. Their experience will be transferred to other stakeholders via the cross-landing scheme and local business events. The project will have a positive impact on policy development for IPR protection. A specific set of activities of the project is dedicated to train public authorities on IPR, converting the trained staff into multipliers within their organizations.


Project news

The first newsletter of the INVESTMED EU-funded project is now online!

Read our first newsletter to learn about the INVESTMED EU-funded project, its goals, the project partners and the latest project news and developments


Project news

INVESTMED is looking for a Project Research Fellow

LUMSA university is seeking a Project Research Fellow, to support in communication, workshops organization, partner relations and project reporting for the EU-funded INVESTMED project.


Project news

Job vacancy for a First Level Controller under the INVESTMED project

The European Institute of the Mediterranean (Spain) is looking for First Level Controller to check partner expenditures for the EU-funded INVESTMED project. Deadline: 28 April…


Project news

INVESTMED engages with key actors in Lebanon and Tunisia to support green and sustainable entrepreneurship development

Ten Business Support Organizations were consulted to examine the most essential skills and needs of young entrepreneurs in the Mediterranean…


Project news

The INVESTMED project organises consultation sessions on Sustainable Entrepreneurship

The consultations aim to bring together and to engage with the key actors in the Sustainable entrepreneurship ecosystem in Lebanon and Tunisia


Project news

INVESTMED launches workgroup for the mapping of the Mediterranean entrepreneurship ecosystems

Experts from the 9 project partners discussed the mapping strategy of the business ecosystems in the green, blue and creative economic sectors.


Project news

INVESTMED: Project social media launched

The Facebook and Twitter account of the INVESTMED project are online.


Project news

Call for First Level Controller under the INVESTMED project extended

The deadline of the Euro-Mediterranean Economists Association - EMEA (Spain) call for First Level Controller has been extended until 28.01.21.


Project news

Tender deadline under the INVESTMED project extended

The deadline of the Euro-Mediterranean Economists Association - EMEA (Spain) call for support to communication activities has been extended until 28.01.21.


Project news

INVESTMED: watch the press conference video

Journalists, entrepreneurs and other stakeholders had the opportunity to discover the score and opportunities of the INVESTMED project during a press conference which took place on November 24th, 2020.


Project news

Tender opportunities under the INVESTMED project

The Euro-Mediterranean Economists Association - EMEA (Spain) has launched the follwing two calls for tenders: support to communication activities and first level controller.

Projects view