Libya Start-Up
Funded by the European Union and implemented by Super-Novae in partnership with Spark, for a total budget of 5.5 million €.
- Libya
- June 2022 - June 2025
- 700 entrepreneurs and start-up owners
- European Union
Our mission
The project aims to provide long-term support to business development in Libya by establishing mechanisms that are sustainable through replication, multiplication and transfer. Targeting 700 beneficiaries by implementing different activities and programs, as well as facilitating access to finance for start-ups by setting-up innovative funding schemes.
The Start-up act is the result of a bottom-up approach to foster entrepreneurship and represents the first step to establish the country as a digital hub
- Boost socio-economic development and expand technological infrastructure
- Facilitate the launch and development of Libyan’s start-ups, especially in the digital sector
- Streamline the process of creating and liquidating a business
- Increase the access to finance and support the growth of innovative startups and small and medium enterprises
- Boost the economic growth of the country and the employment rate, especially among young people
- Promote the internationalization of the Libyan’s enterprises
A focus will be made on gender to ensure equal participation and therefore equal access to services on entrepreneurship for both genders
Many talented and potential entrepreneurs don’t have access to the right networks, trainings and services, because they are located in less accessible areas
To spot and support those entrepreneurs all around Libya, Libya Start-Up is creating a network of incubators in Misrata, Sabha, Al Bayda, Tobruk
Each city will host a satellite, with a space especially refurbished with incubators style to reflect an innovative environment and will be used for events, bootcamps and host alumni
Mission report
We have developed a tech-based solution to real-time monitor the impact of the donor’s fund and the value for money of the project. At the end of the mission, you can also find here a end-of-mission reporting with regular operational and statistical reports.
