Submit your business proposals or ideas to investors and to large businesses who are looking to contract successful innovations.
Sponsoring Agency: Alexandria Business Association
Type of Fund: Program
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 06/15/2021
Size of the Fund: Less than USD $50,000
Submit your business proposals or ideas to investors and to large businesses who are looking to contract successful innovations.
GIMED supports entrepreneurs who have eco-friendly innovative ideas, products or services to access finance, compete in the market and grow.
The EU-funded Green Impact MED Project (GIMED) under the ENI CBC Med Programme aims at boosting the development of eco-innovative ventures in order to create employment and drive the green and circular economy in the Mediterranean. The project is implemented in Egypt by Alexandria Business Association.
Benefits
• Award of Green Innovation Pioneers and Grant
o The most innovative 4 ideas and 4 startups will be recognized as a Green Innovation Pioneer and benefit from a Euro 7500 grant each.
• Business Opportunities with Large Companies
o See the Innovation Challenges offered by these large companies who may become your clients if your innovations meet their needs.
• Access to Finance for your Business or Idea
o GIMED will organize events bringing the top investors for you to pitch your innovations.
• Coaching & Mentoring
o Mentors will show you how to develop your ideas into products and services, prepare business plans, develop marketing plans and prepare to meet investors and present your innovations to the large companies to business.
• International Business Networking
o GIMED will organize events for you to meet other innovators like you from Lebanon, Tunisia, Palestines, and Italy.
Eligibility Criteria
If you have a green innovation and you are:
• A young woman entrepreneur
• A young man entrepreneur
• Executives in small businesses
• Small businesses and start ups
Criteria for Selecting Innovations
• Environmental value of the business
• Social value of the business
• Economic feasibility of the business
• Novelty of the innovation
• Team qualification & commitment
More information at: https://gimedegypt.com/
Eligible Countries:
Egypt
