UfM Member States endorse the EMGN project

15 June 2022 | Corporate news

The project ‘Euro-Mediterranean Guarantee Network (EMGN)’, promoted by the IEMed, the Euro-Mediterranean Economists Association (EMEA) and the German Agency for International Cooperation (GIZ), has been granted the label of the Union for the Mediterranean (UfM).

The decision was taken at the meeting of UfM Member States at the level of Senior Officials that was held today to discuss the activities and projects of the Union for the Mediterranean for the second semester of the year 2022. During the meeting, they agreed to grant the UfM label to the project EMGN, which aims at facilitating access to finance, in particular for MSMEs, through training, research and development, advocacy and communication, and knowledge sharing.

The project is already displaying a wide range of activities and programs with the financial support of the GIZ.

The UfM Label

The UfM label allows project promoters to mobilise governments and stakeholders, raise awareness and visibility and gain access to a strong network of donors and financial institutions. Furthermore, the UfM provides support towards ensuring the implementation of the projects through technical expertise, networking opportunities, and visibility, and takes stock of particularly innovative ideas in view of up-scaling them to a more regional level.

More information on the UfM website

Website of the project