Official launch of the "ANAVA" Fund of Funds

Published at
23 March 2020
Venture Capital
Official launch of the "ANAVA" Fund of Funds

Smart Capital, the WB, the CDC, and the GIZ officially launched the project "Start-up and Innovative SMEs" and the ANAVA fund of funds. The launch took place during a press conference at the Baron d'Erlanger Palace in Sidi Bou Said.
The project is funded by the World Bank to the tune of 75 million dollars. Or 207.19 million dinars. It will be implemented over seven years.

It was designed to support the government program "Startup Tunisia” which aims to catalyze the creation and growth of innovative startups. And this, while stimulating economic and employment opportunities for Tunisian youth.