Navigation path

MedVentures – helping bright ideas go global

January 2011

MedVentures logo  

An application for drivers and visually impaired users that reads out text messages, management of energy grids in inaccessible areas through GPRS-based solutions, social networking for women in the Middle East – these highly diverse business ideas have one thing in common: they recently scooped the MedVentures Awards 2010 for successful start-ups established in the Mediterranean region. 

MedVentures rewards innovative start-up businesses which have achieved high growth from southern Mediterranean countries. The three winners – EyalGPS (Israel), ADDICTS 123 (Palestinian Authority) and Ounousa.comالعربية (Lebanon) – were selected from around one hundred competitors and received prize money worth €90 000 in total.

The start-ups are selected not just for their achievements at local level, but also for their international potential: through coaching, partnerships, team-building and funding, their development on a global scale will receive a significant boost.

The MedVentures initiative is part of the EU’s Invest in Med programme, which develops trade relations and partnerships between the EU and Mediterranean partner countries. As a bridge between incubators, investors and structures supporting entrepreneurs in the Mediterranean region, MedVentures acts to encourage the internationalisation of local business, with a focus on small business start-ups.

The initiative is led by the ANIMA Investment Network, a multi-country platform working to maximise economic development around the Mediterranean.

Read more:

All success stories

Top
But what is an SME?

News

    All newsRSS

    Key programmes for entrepreneurs

    • Go international with Enterprise Europe Network
    • Mentor a future entrepreneur with Erasmus for Young Entrepreneurs

    This website is managed by DG Enterprise & Industry
    and financed under the Competitiveness and Innovation Framework Programme (CIP).

    Last update: 11/02/2014 | Top