News

UfM sets roadmap for SMEs in the Mediterranean

The Secretariat of the Union for the Mediterranean (UfMS) has unveiled its roadmap for small and medium sized enterprises at an SME core-group meeting held in Barcelona on 6 June. A press release said the Secretariat presented an action plan for project promotion and coordination, launching studies, and creating an international network, which can interface with economic institutions and attract the business community.
 
This initial presentation was followed by a session on cooperation and synergies and by a discussion on counter-guarantee mechanisms, which concluded the workshop.
 
“The SME core-group was created to enable contact between UfMS and institutions supporting SMEs with a view to promote sharing of information and enhanced coordination”, said the UfM’s Deputy Secretary General for Business Development and Funding Coordination, Mr. Lino Cardarelli. “The group will be meeting several times a year and we hope it can deliver soon tangible results.”
 
The roadmap for SMEs consists of three main steps: building a network of stakeholders and partners, tacking stock of existing initiatives in order to identify areas for additional support, and identifying core priority areas for the UfMS.
 
The meeting brought together 18 participants from 11 institutions and entities, including the European Commission, financial institutions (DG Enterprise, EIB and AfD), think tanks and consultants (CEPS, IEMed and Sabaudia), in addition to institutions which provide support to SMEs (Promos, ANIMA, and European Training Foundation) and representatives of business networks (ASCAME).
 
In line with the UfMS work programme for 2011, the primary task of the Business Development and Funding Coordination Division (BDFC) is the implementation of the Mediterranean Business Development Initiative aimed at assisting existing entities in the Mediterranean partner countries operating in support of MSMEs. (ENPI Info Centre)
 
Read more
 
Press release
 
UfM website
 
UfM Projects Funding Coordination and Business Development
 


NEWS
Apply now: EIB launches 2014 FEMIP Internships Programme for students from Mediterranean partner countries
The European Investment Bank (EIB) has launched a new recruitment campaign for...
Lebanon: new EU-funded programme to bring support to clusters in Cultural and Creative Industries
A new project aiming to support cluster development in the Cultural and...
FEATURES
'Fertigation' saves farmers while protecting nature
It's not easy to cope with an increased demand for agricultural products...
The biggest solar complex in Africa
With support from the European Union, the Moroccan Solar Energy Agency is busy...
A passport for exports
Creating and developing small- and medium-sized enterprises (SMEs) is a major...
PUBLICATIONS
Young people not in employment, education or training in the EU Neighbourhood Countries – ETF Report
 A study conducted by the ETF on the situation of young people not in...
The Neighbourhood Investment Facility (NIF) - Activity report 2008-2012
The Neighbourhood Investment Facility (NIF) is financial mechanism aimed at...
FEMIP 2012 annual report
 In 2012, FEMIP – the European Investment Bank’s (EIB)...
LINKS