ENI-CBC Med Programme /

Green Impact MED Project

Berytech is the official partner of the GIMED program in Lebanon empowering green entrepreneurs at the idea and growth stage in addition to green experts.

The GIMED Program in Brief

The Green Impact MED Project – Positive Investments for Positive Impacts (GIMED) is a EU-funded project under the ENI-CBC Med Programme aiming at supporting green entrepreneurs to better access finance and market in the Mediterranean.

The project will provide trainings, coaching sessions, capacity building workshops and sub-grants to consolidate green business creation and green business development.

The project in Numbers

Duration: 46 months

Start date: 01 September 2019 – End date: 31 August 2023

Total budget: 2.633.106,29 €

EU contribution: 2.369.106,29€ (90% co-financing to project)

Main source of funding: European Union (ENI CBC Med Programme)

Beneficiaries

400 entrepreneurs in 5 Mediterranean countries will benefit from GIMED’s support. GIMED’s main goal is to support entrepreneurs, particularly young and women, to better access to finance and markets in Spain, Lebanon, Palestine, Tunisia, Egypt and Italy. On the ground, the project will train and coach eco-innovators and encourage financiers to invest in the Mediterranean eco-innovation sector.

Implementing Partners

The GIMED program will be implemented by 6 partners, distributed among several countries in the Mediterranean basin: 

  • MedWaves, the UNEP/MAP Regional Activity Centre for SCP (Spain)
  • Berytech Foundation (Lebanon)
  • Leaders Organisation (Palestine )
  • Conect (Tunisia)
  • Alexandria Business Association (Egypt)
  • Fondazione di Comunità cittá di Messina (Italy)

Official Partner in Lebanon

berytech logo

Berytech is the official partner of the GIMED program in Lebanon empowering green entrepreneurs at the idea and growth stage in addition to green experts through:

  • Access to unique learning methodologies and tailored business development tools
  • Capacity building workshops for eco-innovators on access to markets and access to finance
  • Sub-grants to ideation stage eco-innovators and established early stage ventures to consolidate green business creation and green business development
  • Intensive train of trainer coaching for experts
  • Mobilizing financiers to invest in the Mediterranean eco-innovation
  • Organizing national and cross-border learning and B2B deals
  • Exchanging events to ensure exchange of knowledge and access to market opportunities across the Mediterranean
  • Providing policy recommendations to support sector’s growth and entrepreneurs’ Intellectual property
  • Developing a green incubation methodology in Lebanon

The development of a green economy in the Mediterranean area to combat environmental degradation represents a great opportunity for jobs creation, particularly for young graduates and women

EU-funded project under the ENI-CBC Med Program

Home to some of the world’s most ancient civilizations, hub for trade and transport, unique hotspot for biodiversity, the Mediterranean faces a multitude of common challenges, including climate change, pollution, youth unemployment and social inequality.

Acting together to address these challenges and improve the lives of men and women across the region is the impetus for the 2014-2020 ENI CBC “Mediterranean Sea Basin Programme”. ENI CBC Med is the largest Cross-Border Cooperation (CBC) initiative implemented by the EU under the European Neighbourhood Instrument (ENI).

The Programme brings together the coastal territories of 14 EU and partner countries, including Lebanon, in view of fostering fair, equitable and sustainable development on both sides of the EU’s external borders.

Program Details

The development of a green economy in the Mediterranean area to combat environmental degradation represents a great opportunity for jobs creation, particularly for young graduates and women who are three times less likely to be employed than men. Strengthening eco-innovative entrepreneurship is a recognized solution even though green ventures face a complex set of challenges including limited access to funding, underdeveloped markets and fragmented support from sector stakeholders.

Entrepreneurs admit to being unprepared and poorly supported with regard to access to finance and access to markets. In view of this lack of information, knowledge and skills, a European project has been created: GIMED.

Agència de Residus de Catalunya-SCP/RAC (Spain) is responsible for the coordination and implementation of the project and will particularly manage the development of the tools for the capacity building workshops, coaching sessions for access to finance and markets.

Main Goal

GIMED’s main goal is to support entrepreneurs, particularly young and women, to have better access to finance and markets in 5 Mediterranean countries: Spain, Lebanon, Palestine, Tunisia, Egypt and Italy. On the ground, the project will train and coach eco-innovators and encourage financiers to invest in the Mediterranean eco-innovation sector.

Specific Objectives

  • To build capacity in order to secure investment and successfully take an innovative product or service to market
  • To collaborate with investors, public administrations and businesses support organizations to offer green entrepreneurs increased investment, B2B opportunities and better support to protect Intellectual Property Rights.

Expected Results

  • 200 coaching sessions on access to finance and markets will be held.
  • 200 capacity building initiatives dedicated to entrepreneurs on eco-design and green business modeling will be organized.
  • 8 sub-grants per country will be awarded to consolidate the business creation and growth.

Target

  • The program targets ideation stage eco-innovators and established early stage ventures in the green and circular economy focusing specifically on young graduates and women as they are three times less likely to be employed than men thus creating job opportunities for them.
  • The program will also benefit financial institutions and investors, public administrations, incubators and accelerators. 

Supporting Partners

Meet The Team

Meet the team members in charge of the GIMED Program at Berytech.

Need more info?

If you have any questions about the GIMED Project, please email, and elise.sfeir@berytech.org will get back to you.

Contributing to SDGs

As a member of the Global Compact Network Lebanon, Berytech enacts the 10 principles of the UNGC and the GIMED Program falls under Berytech’s mission to contribute to the Sustainable Development Goals.