A key pillar of CREACT4MED activities is direct financial support towards strengthening CCI business in target countries. This includes providing sub-grants to Business Support Organisations (BSOs) and incubators in each country.
The grants will be used to establish incubation services for CCI entrepreneurs, with a focus on young people and women, to support them through the high-risk early stages of development and allow them to build competitive businesses and relevant connections. Incubation programmes will encompass a variety of mentoring, matchmaking, access to finance and intellectual property rights services.
The following incubators have been selected to receive CREACT4MED sub-grants:
Nilepreneurs
NilePreneurs is a nationwide initiative started in 2019 and powered by the Central Bank of Egypt and the Egyptian Banking Sector. Fueled by various partnerships with governmental and private sector entities, NilePreneurs has been supporting startups and SMEs in the domains of manufacturing, agriculture, and digital transformation through applying different innovation instruments. The initiative is piloted at Nile University and has expanded to 4 other universities, and is still growing.
- Egypt
- https://np.eg/en
TTI Innovation
TTi is a non-profit Jordanian organization, founded in 2010 with the mission of spreading Entrepreneurship and Innovation culture among youth and women living in disadvantaged communities. Since 2010, more than 6000 direct beneficiaries have been served through +50 projects implemented all over Jordan, including awareness, training-camps, mentoring, consultation, matchmaking and early-stage incubation.
- Jordan
- https://tti-jo.org
Nucleus Ventures
Nucleus Ventures aims to help under-represented entrepreneurs overcome the challenges of building globally competitive ventures from emerging ecosystems. They help innovative early-stage startups in emerging markets to transform into international ventures through structured and targeted access to global validation, mentorship and expertise, in addition to funding.
Contact: Farah Chamas, Programs Director
LaStartupStation
LaStartupStation has supported more than 2000 young, innovative companies in various key sectors in Africa. They have built a solid value proposition in the field of the deployment of digital projects, mobilizing Open Innovation and the technologies of tomorrow.
Minassa
Minassa supports entrepreneurs to enable the emergence of viable businesses in the cultural and creative fields. Their vision is that of a cultural and creative scene for all, inclusive, creating social and economic value in Tunisia.
Contact: Emna Mnemi
Asala
Asala is a Palestinian NGO, whose mission is, and has always been, to provide services that help women in poverty to change their lives, their social position, and their future by enabling and encouraging their successful participation in sustainable economic activities. In pursuing this goal, ASALA’s staff and supporters commit to the values of transparency, democracy, social equity, professionalism and coherence. ASALA NGO has developed a variety of services since its foundation to better enable women entrepreneurs to make use of economic opportunities.
- Palestine
- https://asala-pal.org/