Tunisia’s Chamber of Commerce To Fund Startups Under New Scheme

African Startups

The Sfax Chamber of Commerce and Industry, Tunisia has just launched a national call to support the development of entrepreneurship among young Tunisians. The general objective of this call is to identify and select 25 young entrepreneur candidates with an innovative project idea, to finalize and develop, in different sectors like tourism, digitalization, services and l food industry.

Applicants wishing to participate in this call must submit their applications before August 15, specifies the Sfax Chamber of Commerce and Industry on its website.

Tunisia Startup Act to boost African tech ecosystem and innovation ...

This call is part of the Med microfinance support system for start-ups “MEDSt @ rts” project, funded by the European Union. MEDSt@rts aims essentially to promote access to credit for holders of usually “non-bankable” projects and support the creation of new economic and professional opportunities capable of contributing to social inclusion and the fight against unemployment of economically fragile people (young people, women, disabled and unemployed).

Read also:https://afrikanheroes.com/2020/06/04/nigerian-kenyan-entrepreneurs-win-this-years-hardware-focused-social-innovation-accelerator/


The young entrepreneurs selected will follow an entrepreneurial training course, with the final aim of obtaining financial support for the realization of their project idea. This project will have significant economic and social benefits, contributing to the creation of a favorable environment for entrepreneurship, innovation and employment, says the same source.

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.