Tunisia’s startup ecosystem has received a significant boost with the launch of the “GreenTECH Tunisie” initiative, a new program designed to accelerate innovation for a sustainable future. Announced by the Caisse des Dépôts et Consignations (CDC) in partnership with Smart Capital, the initiative aims to provide critical funding and support for early-stage companies in the green technology sector.
Strategic Goals For Sustainable Growth
The program has set clear targets to foster tangible environmental and economic impact. It will finance 32 startups in the idea stage and provide dedicated support for an additional 10 startups and SMEs during their market-entry phase. This investment is projected to create approximately 300 direct jobs and hundreds of indirect opportunities across several key sectors, including renewable energy, sustainable mobility, eco-construction, waste management, sustainable agriculture, and water technologies. The initiative also places a special emphasis on promoting female entrepreneurship and empowering projects in Tunisia’s interior regions.
A Collaborative National and International Effort
GreenTECH Tunisie is part of the broader “Greenov’i” project, which is funded by the European Union and implemented in collaboration with Expertise France and the International Center for Environmental Technologies of Tunis (CITET). The program also involves a strategic partnership with Tunisia’s Ministry of Environment and the Ministry of Economy and Planning. This wide-ranging collaboration aims to mobilize the financial and technical resources necessary to build a self-sustaining ecosystem for green innovation in the country.
Addressing Environmental Challenges Through Innovation
The initiative arrives at a critical time for Tunisia, which faces complex environmental challenges such as water scarcity, energy pressures, and the impacts of climate change. GreenTECH Tunisie positions green technology as a powerful economic driver capable of creating new jobs, enhancing the national economy’s competitiveness, and attracting foreign investment. By aligning with the global shift towards a green economy, the program helps ensure Tunisian companies can meet the environmental standards that are increasingly essential for international trade and partnerships.
About Caisse des Dépôts et Consignations (CDC)
The Caisse des Dépôts et Consignations (CDC) is a state-owned financial institution that plays a key role in Tunisia’s economic development. It acts as a long-term investor to support public policies and foster growth in strategic sectors of the national economy.
About Smart Capital
Smart Capital is a management company approved by the Financial Market Council, created in 2017 to implement the national “Startup Tunisia” initiative. It focuses on developing and financing the Tunisian ecosystem of innovation and startups through various investment funds and support programs.
Source: Nessma TV
