ReSt@rts in Lebanon will organize an information event to highlight the objectives, activities and results to stimulate access to finance

In the frame of implementing “ReSt@rts” Project “Reinforcing Med Microfinance Network System for Start-ups", the Chamber of Commerce, Industry and Agriculture in Sidon and South Lebanon will organize the Information Event on the 20thof June 2023, at 10:30 am, at Chamber’s premises in Sidon. This event will update stakeholders on ReSt@rts objectives, activities and first achieved results by exploring synergies with other EU projects. The event will offer young entrepreneurs a space to interact and an opportunity to learn more about the project's objectives and how it plans to break down the barrier to access to finance in the Mediterranean.

ReSt@rts (Reinforcing Med Microfinance Network System for Start-ups) is a project funded by the European Union, under the ENI CBC MED Programme. The project builds on the results of MEDSt@rts, GIMED projects and other initiatives of ENI CBC MED programme. The Arab-Italian Cooperation Chamber is the Lead Beneficiary and is also leading the project, that started on September 20, 2021.  Other partners of the Mediterranean region are Calabria Region (Italy), Chamber of Commerce of Achaia (Greece), Chamber of Commerce of Sfax (Tunisia), Ager Sarl (Tunisia), Leaders International (Palestine), Chamber of Commerce and Agriculture of Sidon and South Lebanon (Lebanon), Cyprus Chamber of Commerce (Cyprus), Federterziario (Italy) and as Associate Partner the ECN – European Crowdfunding Network AISBL.

This one-million-euro project (€ 1,106,559.76 -90% EU Contribution) is expected to contribute to the promotion of financial and social inclusion for vulnerable, young people and women by providing the following: the creation of a digital platform to connect entrepreneurs and microfinance promoters and investors, the establishment of a cross- border Microfinance stakeholder committee, financial and non-financial support for potential entrepreneurs, a Mediterranean cross border network between microfinance and microcredit organizations.

For further information: chamber@ccias.org.b