The call for projects for the third round of the Tunisian program Green4Youth is officially open until November 30th, 2021. The operation jointly launched by investors Impact Partner and Flat6Labs aims to identify and support 8 start-ups and small and medium-sized enterprises (SMEs) operating in Tunisia in the field of green economy.
In Tunisia, start-ups and SMEs have the opportunity to benefit from the financing of 30,000 Tunisian dinars (more than 9,000 euros). This is part of the third cohort of the Green4Youth program. The initiative jointly launched by Tunisian investors Impact Partner and Flat6Labs is in effect until November 30th, 2021 and will find a total of 8 boxes throughout the territory in Tunisia.
The call for projects concerns young players in the green economy sector, especially those who implement sustainable food systems and clean technologies that can lead to the immediate creation of 10 jobs on average. The selected start-ups will develop their network in the Tunisian entrepreneurial ecosystem and exchange knowledge with a set of experts from different fields.
The Green4Youth is a coaching program supported by the GreenWorks concept of the Dutch company Hivos, committed to the issue of climate change and employability in North Africa. This initiative is also supported by the World Bank through its subsidiary, the International Finance Corporation (IFC). The first edition, which was held from March to May 2021, allowed the support of 8 start-ups operating in the field of sustainable development, including Colibris, Farm Trust and Grow it Yourself.
The second edition, which opened in August 2021, will benefit 8 environmental projects that will be coached through coaching sessions tailored to their specific needs. In Tunisia as elsewhere in North Africa, the green economy is part of the national strategy for sustainable development, which encourages the use of natural resources and the development of more sustainable consumption patterns.
During the first edition of the Middle East Green Initiative Summit held in October 2021 in Riyadh, Saudi Arabia, Premier, Nejla Bouden, hammered the need to implement green economy policies while strengthening investments in renewable energy, sustainable agriculture and green construction.