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MENA-OECD Investment Programme • The MENA-OECD Investment Programme is a regional effort, initiated and led by countries in the Middle East and North Africa (MENA). • It promotes broad reforms to enhance the investment climate and sustainable economic growth throughout the MENA region. • It facilitates policy dialogue and sharing of experience on investment policies among policy makers from MENA countries and their OECD counterparts. “Mobilise private investment – foreign, regional and domestic – as driving force for economic growth and employment throughout the MENA region.” MENA-OECD Investment Programme MENA-OECD Enterprise Financing Network • The MENA-OECD Enterprise Financing Network aims to improve the regulatory conditions for financing entrepreneurship using the MENA-OECD Investment Programme as a forum for exchange of good practice between MENA and OECD business and government representatives • The Network aims to foster entrepreneurship in the region by: – Creating a platform to connect entrepreneurs, financiers and government regulators – Providing avenues for private sector participants to effectively input into key investment policy reforms relevant to financing of entrepreneurship MENA-OECD Investment Programme MENA-OECD Enterprise Financing Network • The Network is wide: 18 MENA countries and OECD member countries are supporting the MENA-OECD Investment Programme • The Network is deep: it provides a business and policy network for actors including: – Private Equity – Venture Capital – Business Angels – Associations – Business Incubators – Entrepreneurs – Government regulators (MENA and OECD countries) – Investment Promotion Agencies (MENA). MENA-OECD Investment Programme Actions going forward • Continue enlarging the Enterprise Financing Network • Develop recommendations and action plans to address innovative technology and regulatory issues • Launch a report to determine the enterprise financing gap in the MENA region • Develop a blueprint for enterprise funds why? To support efforts of MENA entrepreneurs to effectively participate in development of their economies MENA-OECD Investment Programme Ministerial Declaration, Jordan 14 February 2006 Sustaining efforts towards modernisation of financial systems to meet the challenge of employment creation and technological advance by 1. “broadening the range of financial services and products that are available and aligning supervisory practices with global standards”; And by: 2. “developing effective frameworks and policies for entrepreneurship, including the promotion of women’s entrepreneurship”. MENA-OECD Investment Programme
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