Support to economic governance and reforms in the Southern Neighbourhood (ENI South)

Overall objective

The objective is to promote economic governance and reforms that are conducive to sustainable economic growth, enhanced public and private sector investments, MSME development through improved access to finance, job creation and economic inclusiveness in the Southern Mediterranean partner countries. The SBA (Small Business Act) principles observed continuously are: SBA 1 – Women Entrepreneurship, SBA 3 – Institutional and Regulatory Framework, SBA 6 – Access to Finance, SBA 10 – Internationalisation of SMEs

Services provided

• Selected aspects of MSME development policies and regulations are better adapted to micro and small businesses
• Administrative simplification and regulatory impact analysis are promoted as an element of SME policy making
• Selected aspects of MSME finance policies and instruments, notably concerning alternative financial mechanisms, are better adapted to needs
• MSMEs representatives and relevant stakeholders are aware of financial instruments and tools available through a regional platform/coordination mechanism, which enhances South-South dialogue
• Awareness and effectiveness of the EU Initiative for Financial Inclusion and support provided under this programme to MSMEs is raised