Insure & Match Capital Celebrates Achievements of USAID MENA Investment Initiative
- Date: 05-May-2021
- Source: National News Agency - Lebanon
- Sector:Financial Markets
- Country:Middle East
Insure & Match Capital Celebrates Achievements of USAID MENA Investment Initiative
NNA - Insure & Match Capital (IM Capital) celebrated the achievements under the Middle East and North Africa Investment Initiative (MENA II), a $20 million program funded by the United States Agency for International Development (USAID). Launched in 2014, the program is dedicated to providing matching capital, equity guarantees and crucial support to early-stage businesses and investors to leverage private investments and develop the investment ecosystem while contributing to economic growth and job creation in Lebanon. The event, which was streamed on-line, was held at IM Capital Offices in the presence of H.E. U.S. Ambassador to Lebanon, Dorothy C. Shea; USAID/Lebanon Mission Director, Ms. Eileen Devitt; and Berytech President, Mr. Maroun Chammas. It was attended virtually by entrepreneurs, investors, private sector representatives, and other key stakeholders in the investment sector.
Working with early-stage startups, Insure & Match Capital has supported entrepreneurs and innovators across several