Category:MedUP

MedUP

MedTOWN project.

Context

Sustainable growth and employment are common concerns among the partner countries in the southern Mediterranean region, where 5 million jobs need to be created on a yearly basis to ensure social inclusion. The largest reservoir of jobs remains within the 6 million micro, small and medium enterprises (MSMEs) that account for 90% of total employment, but still have a minor contribution to sustainable growth. The creation of more productive and efficient enterprises can fuel economic growth and create demand for skilled labour, generate better-paid jobs and contribute to social stability.

Boosting economic inclusiveness, employability and job creation through social enterprises, require capable business support institutions, inclusive financing mechanisms, serious engagement of unconventional stakeholders (such as municipalities, private sector businesses and academia), meaningful collaboration at a national, regional and international levels, in addition to an evidence-based policy, an enabling legal environment, and a transparent and accountable regulatory mechanisms in favor of social justice and economic development, adapted to local contexts and conditions.

Objectives

GLOBAL OBJECTIVE Promote an enabling environment in the Southern Mediterranean partner countries for the development of the social entrepreneurship sector as a driver for inclusive growth and job creation.

SPECIFIC OBJECTIVE Increase economic inclusiveness and employment in Morocco, Tunisia, Egypt, Lebanon, Jordan and Palestine where adequate policies on social entrepreneurship are in place, public-private dialogue and exchanges of practices are promoted and high quality services for social enterprises are provided.

Useful links to know more about MedUP

• [1]
• Some link name