EMIPO – EUROMED Invest Promotion & Observatory
Context
The EMIPO project was part of a regional programme launched and financed by the European Commission to support the development of the private sector in the Mediterranean region. The project was promoted by ANIMA Investment Network as an extension of EUROMED Invest.
The project aimed to develop investment and business partnerships in the region. It did this through the promotion of the region to foreign investors, training and technical assistance to entrepreneurs, and through project incubators. The project also evaluated and optimised the economic and social impact of international investments and partnerships through the observatory. To stimulate revenue and sustainable development, the project specifically targeted various groups, including civil society and companies.
The observatory also carried out continuous mapping to provide public decision-makers with better tools to monitor and promote economic integration and assess the impact that investment and business flows in the region had on inclusive growth.
Developed investment and business partnerships in the region.
Evaluated and optimised the economic and social impact of international investments and partnerships.
Promoted and generated economic integration in the Mediterranean region.
Location
Key figures
Duration:
2016 – 2018
Programmes:
40
Total cost:
€3.4M
Countries:
43
Financial contribution
€3.4M funded by the European Commission (80% of the budget), PACA region and the City of Marseille (4%).
Promoter
The consortium in charge of implementing the EMIPO project is led by ANIMA Investment Network, based in Marseille, France. Initiated in 2002 by European and South-Mediterranean investment promotion agencies, ANIMA Investment Network is a multi-country platform supporting the economic development of the Mediterranean. The ANIMA network gathers 65 national and territorial agencies and international business, innovation and financing networks. The objective is to contribute to a better investment and business climate and to the growth of capital flows.
Key partners
Beneficiaries
- Investment promotion agencies
- SME development agencies
- Chambers of commerce and industry
- Organisations representing the private sector
- Industry associations
- Public and private investors and funding bodies
- Diaspora networks
Key actions
The project supported the development of the private sector through:
12 business roadshows with 150 participants each, including 30 foreign companies.
10 Young Entrepreneurs Masterclasses.
9 Mediterranean workshops, with more than 15 enterprises from the South matched with companies from the North, and 10 representatives from investment promotion agencies from the South.
18 EMIPO Academies seminars.
20 mentoring sessions for business support organisations.
20 mentoring sessions for entrepreneurs.
Results
Support the sustainability and durability of projects.
Increase the synergies with all stakeholders to improve inclusive growth.
Boost the flow of foreign direct investments quantitatively and qualitatively, creating jobs, transferring knowledge, and improving productivity.
Provide public decisionmakers with better tools to allow them to monitor and promote regional economic integration.
Act as catalyst for better access to funding.
