Let us introduce you to Startup Act!
Designed specifically to support you in your efforts to create your startup, this 100% Tunisian program has already supported many companies. Learn more on the Startup Act official site.
During the COVID-19 crisis, the government introduced special aid called “SAVE.” This program helps labeled* startups avoid liquidation or layoffs.
*You need to apply for certification when registering. Once certified, you gain many advantages by joining this great community. Visit their website to learn more about the eligibility criteria.
But what did this assistance consist of?
SAVE offered a reimbursable advance without fees and without interest according to the needs of the supported startup. That is to say, if your business was able to bounce back thanks to this help, good for us Startup Act is happy to have helped you and will ask you to pay it back at your own pace. However, if your business has not bounced back despite this provision, that’s okay.
SAVE was pleased to serve you.
This solidarity proves how much Tunisia wanted to support the investment and the will of those who dared to launch themselves and who wish to continue on their way. Supporting Tunisian startups when times are hard was the objective of Startup Act, and it is successful!
“The stars of tomorrow will come from Tunisia” – Startup Tunisia
Note that Startup Act is in close collaboration with Startup Tunisia and that their common goal is to make Tunisia a country of Startups at the crossroads of the Mediterranean, the MENA region (Middle East and North Africa), and the whole of Africa.
“It all starts with a strategically positioned country with over 3,000 years of history and culture.” Startup Tunisia
Indeed, the latter offers the possibility as a startup, investor, and entrepreneur, to fully engage yourself, it is a golden opportunity
So don’t wait any more! Why not make your own?
For more tips and insights, visit the CoZi blog.
