71 Tunisian entrepreneurs get grants

71 entrepreneurs have been awarded grants and support in a pilot business development programme in Tunisia.

The Souk At-tanmia project, supported by the African Development Bank, called for proposals on business ideas and awarded support to the best. The initiative attracted 5,000 initial entries, about 2,000 project proposals, and more than 100,000 visits to the website.

In addition to financial allocations up to 30,000 Tunisian dinars (approximately 15,000 euros), the 71 beneficiaries of Souk At-tanmia will be able to take advantage of a comprehensive mentoring and coaching program throughout the year 2013 provided by experts and professionals from the partners, according to their area of expertise.

The award winners include: 54% youth (aged 18-24 years), 32% women, 31% unemployed and 61% from disadvantaged areas. Their businesses are projected to create nearly 1,000 potential jobs. The selected projects cover various sectors such as agriculture, manufacturing, handicrafts, tourism, ICT, renewable energy, services, health and education.

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