Business Development

Access to quality financial services — including means of payments, savings, credit, insurance and money transfer systems — is crucial for households to smooth consumption, manage risks, invest productively and respond to financial shocks. Financial inclusion can also support the social inclusion of most vulnerable sectors of the population, thus leading to more social stability. There is also ample evidence of how financial inclusion projects of different types can, if properly designed and implemented, enhance women’s economic empowerment. Financial inclusion projects can therefore help t...

With the aim of promoting employment, employability and business development in the Southern Mediterranean region as well as contributing to the growth of the industry, and thus creating new micro, small and medium-sized enterprises, the European Commission identified the need to develop a regional programme in the field of cultural and creative industries clusters. This programme is entitled “Support for the Development of Cultural and Creative Industries and Clusters in the Southern Mediterranean” and is developed and implemented by the United Nations Industrial Development Org...

Generation Entrepreneur is the first project promoted under the Mediterranean Initiative for Jobs (Med4Jobs). It was endorsed by the 43 member countries of the UfM in October 2013.

The project seeks to support and develop an entrepreneurial eco-system at multiple levels, from grassroots business education in primary and secondary schools to hands-on training on business creation. Generation Entrepreneur also covers private sector mentorship and seed funding for real enterprises. Approximately 79,000 school and university students will benefit from the training programmes promoted by the...

The “Mediterranean Initiative for Jobs (Med4Jobs)” is a programme developed by the UfM Secretariat with the aim to promote and replicate a number of visible private sector job creation projects in the Southern and Eastern Mediterranean region. Whereas growth in the Mediterranean in recent years has not enabled the creation of sufficient jobs, Med4Jobs will contribute towards bringing job creation at the centre of socio-economic development debate, notably by shedding light on employment at local/national level.

Med4Jobs is conceived as a cross-sectorial, project-based initiative. It wil...

Conceived as an integrated and widespread network of business development support centres, the “Euro-Mediterranean Development Center for Micro, Small and Medium Enterprises (EMDC) aims at creating employability opportunities, particularly among youth, through the establishment and reinforcement of new Micro, Small and Medium Enterprises (MSMEs).

The national centres will be directly involved in day-to-day field support to local MSMEs and financial sector operators, supported by an international service unit, to be based in Milan, acting as a strategic hub – technical and financial ce...