EBRD allocates fund for small and medium-sized enterprises in Tunisia

The European Bank for Reconstruction and Development (EBRD) has decided to allocate 14 million euro gift to small and medium Tunisian enterprises in order to be eligible for various types of technical assistance: consulting, marketing strategy of products, management human resources, the ISO quality system. This was announced by director of the national program to support SMEs of Berd, Anis El Fahem. The business receiving the aid are those created by at least two years and with a turnover of at least EUR 50,000.

Most of the consultations will be carried out by Tunisian companies (90%). Furthermore the Tunisian SMEs will benefit from grants of up to 75% of the total project to be realized. The goal of the EBRD is to provide assistance to 400 companies over the next three years. A special training program is also planned for 75 enterprises specializing in export and 200 business women operating within the same pmi.

The last three years the Berd has invested in Tunisia a figure of 300 million euro in various sectors: industry, services, and finance, giving several credit lines to commercial banks in favor of Tunisian SMEs.