Photo courtesy of ARC-SCP/RAC
Green Impact MED Project - Positive Investments for Positive Impacts

About the project

The development of a green economy in the Mediterranean area to combat environmental degradation represents a great opportunity for jobs creation, particularly for young graduates and women who are three times less likely to be employed than men. Strengthening eco-innovative entrepreneurship is a recognised solution even though green ventures face a complex set of challenges including limited access to funding, underdeveloped markets and fragmented support from sector stakeholders. GIMED 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 will implement a United Nations-backed ‘Green Entrepreneurship Standard’ that will standardise the supportive inputs needed to generate successful ventures and will give those ventures a mark of quality to better access finance and markets. On the ground, the project will train and coach eco-innovators and encourage financiers to invest in the Mediterranean eco-innovation sector.

Key information

Green Impact MED Project - Positive Investments for Positive Impacts
A.1 Business and SMEs development
A.1.1 Start-ups and recently established enterprises
Spain, Lebanon, Palestine, Tunisia, Egypt, Italy

Financial data

2.6 million
Total budget
2.3 million
EU contribution
Project co-financing


Project in numbers

Technical outputs

Project duration

Start date
End date





Project outputs



What will be improved?

20 new companies will be created, employing a minimum of 2 people each, and 100 existing companies will be supported in order to access new finance and trade opportunities, increasing their growth potential in the green and circular economy sector. Besides, a cluster of financiers will be established and partners will work closely with public administrations to help them better support green startups in terms of Intellectual Property Rights, policy and procurement schemes.

Who will benefit?

  • 400 ideation stage entrepreneurs and women and youth in senior positions of early-stage ventures in the green and circular economy
  • Financial institutions and investors 
  • Public administrations
  • Incubators and accelerators

Expected achievements

  • 100 capacity-building initiatives dedicated to entrepreneurs on eco-design and green business modelling 
  • 200 coaching sessions on access to finance and markets
  • 8 sub-grants to consolidate business creation and development
  • 10 networking events to connect entrepreneurs and investors
  • 5 training sessions dedicated to public institutions on the support to eco-entrepreneurship
  • 1 Green Entrepreneurship Standard Framework developed and piloted
  • 1 green incubation programme in Lebanon
  • 1 policy paper containing recommendations to improve green and circular economy and support eco-innovative ventures

Project news

05 May 2020
The 2nd Coordination Meeting of the GIMED project will be held online

In the light of the Covid-19 emergency, the 2nd Coordination Meeting of the GIMED project will be held via video conferencing on the 11th and 12th of May 2020.


Project news

28 April 2020
The GIMED project is looking for an external auditor!

Leaders International is looking for an external auditor for the verification of the expenses of the GIMED project. Bids shall be submitted before the 10 of May 2020.


Project news

27 April 2020
GIMED: e-learning on investments in green businesses

The online tool will help public and private funders discover the huge economic potential that green ventures offer.


Project news

22 April 2020
Join GIMED to celebrate the International Earth Day

By celebrating Earth Day, you are taking part of a community of 1 billion people all over the world, celebrating, acting and sharing this commitment to do something big, something great, something everlasting.


Project news

16 April 2020
How to be more environmentally friendly? Tips fron the GIMED project

More than ever, we need to join forces and share our best ideas, initiatives and thoughts to reconsider our role as citizens of this planet.  


Project news

27 March 2020
Join GIMED on March 28 to celebrate the Earth Hour and raise your voice for the planet

The need to unite and protect our planet has never been greater. On March 28th, the GIMED project joins the Earth Hour initiative to place a spotlight on nature and actions to protect it.


Project news

23 March 2020
The GIMED project is looking for an external auditor!

The "Fondazione di Comunitá di Messina" is looking for an external auditor to perform the expenditure verification of the GIMED project.


Project news

07 February 2020
The GIMED project is hiring!

SCP/RAC is looking for a financial manager under the GIMED project.


Project news

05 February 2020
Green entrepreneurship: GIMED project maps 25 potential investors in Palestine

In Palestine, green SMEs struggle to finance riskier projects like innovation and investments in non-tangible goods.


Project news

25 November 2019
The GIMED project is hiring! Join our team

SCP/RAC is looking for a specialist/consultant to develop an online access to market tool for green entrepreneurs. Interested applicants are invited to submit their bid by 10th December midnight!

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