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.
Read about Froz – an e-commerce platform that is gamifying waste reduction in Lebanon, and currently enrolled in the green coaching program under EU-funded GIMED Project.
Ten green solutions have been selected to move on to the next phase of the Green Applied Research & Innovations Support Program under the EU-funded GIMED Project giving them access to tailored support to grow their startups.
We interview Rayanne Beayno, Head of R&D and Operations of Sofra – a startup offering biodegradable disposable tableware made from repurposed fruit and vegetable peels, support by the EU-funded GIMED Project.
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.
Duration: 36 months
Start date: 01 September 2019 – End date: 31 August 2022
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)
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.
The GIMED program will be implemented by 6 partners, distributed among several countries in the Mediterranean basin:
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:
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
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.
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.
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.
Meet the team members in charge of the GIMED Program at Berytech.