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European Union to Support Innovative Startups in the Mediterranean

The participants to the event discussed startups' access to new markets and the export opportunities for their goods and services, how policy framework can create an enabling environment for the startups and how they can attract more foreign investment to the region.

date:  24/02/2023

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ContactAurelien PASTOURET

Under the EU-funded ‘From Innovation to Creation’ programme, local and international organisations came together in Amman to support the innovation and startup ecosystems in the Mediterranean region on the 20 and 21 of February. 

More than 130 participants representing twenty-five organisations from Jordan, Lebanon, Tunisia and Palestine joined SPARK’s Regional Stakeholders Event in Amman Marriott Hotel to discuss how startups can access new markets and export their goods and services, how policy framework can create an enabling environment for the startups and how they can attract more foreign investment to the region. Governments, business support organisations, startup incubators and accelerators shared ideas to overcome policy-related challenges and discuss ways to internationalise existing startups and boost innovative businesses.

"From Innovation to Creation programme, funded by the European Union, allows to strengthen the innovation ecosystem and enables stakeholders to cooperate and share best practices", stated Aurélien Pastouret, Programme Manager, at DG NEAR - European Commission. “The European Union is working on a green economy package in cooperation with business support organisations to provide support through green skills development and tailored capacity enhancement”, he added.