EU contribution: €8 million
Period of implementation: 2020-2025
Objective : The specific objective is to enhance the competitiveness and trade readiness of Small and Medium Enterprises, with a special focus on SMEs headed by women and youth, with a transition to a green economy.
The expected results under this project are as follows:
1. Reduction in the number of bottlenecks faced by SMEs, specially SMEs headed by women and youth
2.Promotion of green solutions for production
3. Enhanced trade opportunities between the IOC region and the EU through improved business intelligence
The project aims at improving skills of SMEs, providing access to credit for green technology, and setting up a European Business Information Centre in the Indian Ocean (EBIC-IO). In all these actions, priority will be given to SMEs headed by women and youth.
Location: Member States of the Indian Ocean Commission