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The OPEC Fund
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  2. Study on Innovative Enterprises, Local Know-how and Euro-Mediterranean-Parnterships

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Study on Innovative Enterprises, Local Know-how and Euro-Mediterranean-Parnterships

Financing Type Grants
Category Research and similar intellectual activities
Focus Area Education
Approved 01.02.2002
Signed 01.03.2002
Loan Administrator OPEC Fund for International Development
Executing Agency DYNMED
Co-financiers European Union, French Institute for Res. and Dev., Univ. of Birzeit, Palestine, Spanish Superior Council for Scientific Inv., Spanish Ministry of Education and Culture, Algerian Ministry of in charge of Greater Algiers, Various sources, OPEC Fund
Organization DYNMED
OPEC Fund Contribution (US$m) 0.04
Total Project Cost (USDm) 3.48

The research study aimed to increase the capacity of southern Mediterranean countries to manage, promote and upgrade their own traditional resources through the strengthening of cooperation with the northern Mediterranean countries. The project was expected to run over a period of three years (2002-2004). DYNMED has provided a satisfactory final report, however no final financial statement was submitted despite our several reminders. The grant balance of US$20,000 was cancelled.

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