The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) are joining forces to strengthen growth opportunities for Tunisian small businesses through a new European export support program called Insadder.
The initiative aims to promote the export potential of local companies by helping them enter and compete in international markets.
Insadder will have a budget of €7.25 million funded by the EU and implemented by the EBRD over a five-year period.
The program has been launched by the EBRD and the European Commission.
It was launched Tuesday in the presence, Marcus Cornaro, EU Ambassador to Tunisia, and Antoine Sallé de Chou, Head of the EBRD Office in Tunisia.
Insadder seeks to improve the competitiveness, productivity and export capabilities of Tunisian small and medium-sized enterprises (SMEs) by helping them grow internationally and access new markets.
The program will support trade, create opportunities for Tunisian companies, and encourage them to export to the EU and the rest of the world.
It provides a set of tools to help Tunisian companies develop their export capabilities.
It offers a package of technical and financial assistance and comprehensive support services.
The EU and the EBRD have already jointly supported more than 1,400 Tunisian companies, trained 600 women entrepreneurs and more than 400 local consultants, supported about 50& Tunisian start-ups and accompanied 10 professional associations in order to build a more prosperous Tunisia.