Impact Partner and Flat6Labs are joining forces and the expertise of their teams to launch GreenWorks program to support startups operating in the green economy sector in North Africa, particularly Tunisia.
“In light of the uncertainty caused by the health crisis testing several economic sectors, Impact Partner, in partnership with Flat6Labs, and with the support of IFC and Hivos, is banking on Tunisian entrepreneurs to build a greener economy, more resilient and more prosperous. Faithful to our mission to support social entrepreneurship for a positive and lasting impact, we aim through the GreenWorks and AccelerateForYouth programs to strengthen job creation for women and young people, especially in the regions ”says Zeineb Fakhfakh, Managing Director of Impact Partner.
Here Is What You Need To Know
- GreenWorks is a support and funding program for young green economy promoters. It targets startups in North African countries, with particular emphasis on Tunisia. The ambition of the program is to support 30 entrepreneurs who work in the Green sector and whose projects immediately create jobs.
- Through this program, Hivos and IFC seek to support and develop the green economy sector in Tunisia by partnering with various institutions and organizations for the capacity building of young entrepreneurs and by setting up training programs and support necessary for the development of their projects.
- GreenWorks is thus a great opportunity to access a support program without equity participation and with donations of 30 KDT. There is also the possibility of applying for a larger investment with Impact Partner, Flat6Labs or with other investor partners.
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“The economic recovery in Tunisia will require green, inclusive and responsible growth,” says Georges Joseph Ghorra, “ Resident Representative of the International Finance Corporation (IFC) in Tunisia. This is why it is essential to support entrepreneurs active in this field to develop and grow in order to build a resilient, inclusive and sustainable economy in Tunisia. IFC is very proud of its partnership with Impact Partner which supports entrepreneurs with projects related to the green economy. This partnership is part of the IFC Accelerate4Youth initiative which aims to support innovative entrepreneurship in Tunisia.”
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How To Apply
To benefit from it, entrepreneurs in this sector are invited to participate in the first edition by submitting their applications online on a platform created for these purposes (https://application.impactpartner.co/GreenWorks/signup) until January 31, 2021.
GreenWorks will continue for the next two years with plans to launch additional editions.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer
GreenWorks Flat6Labs