STE in Digital Finance / FinTech (Regulatory Sandbox)

Support to an enabling business environment for MSME development and financial inclusion – MED MSMEs Programme

The MED MSMEs programme is an EU regional initiative that accompanies the beneficiary countries (Algeria, Egypt, Jordan, Israel, Lebanon, Libya, Morocco, Palestine, Tunisia, and Syria (cooperation with Syria is temporarily suspended) in the implementation of some dimensions of the Small Business Act - SBA for Europe, namely:

• Institutional and regulatory framework for SME policymaking (SBA 3),
• Access to finance for SMEs (SBA 6),
• Internationalisation of SMEs (SBA 10),

the entrepreneurship / gender dimension being mainstreamed in all the programme’s activities.

The programme objectives are twofold:

• Strengthening the capacity of the UfM, SBA National Coordinators (SBAC) and national stakeholders involved in the formulation of policies and the implementation of support instruments tailored to the needs of SMEs and
• promoting the exchange of experiences and best practices around the relevant topics through the development of coordination platforms at regional level.

Indeed, while strategies and reforms supported will be developed at national level, the MED MSMEs programme looks at leveraging expertise, knowledge and experiences at regional level and at fostering the regional sharing of expertise and experiences as well as peer learning (South-South).

The tasks are:

• Support to an enabling business environment for MSME development and financial inclusion 
• The activity will consist of developing a detailed map for countries to initiate the SB and supporting those who already adopted it (Jordan and Tunisia)