Cooperation at the Tripoli Chamber to support innovative enterprises

With the aim of supporting innovative small and medium initiatives, the Fruits of Tripoli Fund signed last Friday a cooperation agreement with Business Incubator affiliated with the Chamber of Commerce, Industry and Agriculture for Tripoli and the North in the presence of a group of concerned figures in addition to the main signatories, former minister Nicolas Nahhas for the Fund and the Chamber’s CEO, Tawfic Dabbussi. On the occasion, Karim Suwaisi, underlined the role of the Fund in promoting and encouraging similar undertakings that prompt the creation of jobs for youth, but noted that each project requires completing a  feasibility study which identifies its nature and details the systematic methodology for its implementation. Nahas, on the other hand, indicated that investment funds, banks and financial markets demand rigorous commitment, related to mortgage and other guarantees, on the part of loan borrowers to support their enterprises. He expressed the Fund’s total readiness to help creative and development-oriented minds. Dabbussi, likewise, while highlighting the vital and central role of the northern capital, added that the timing of the above partnership was appropriate. (Al Mustaqbal, Al Diyar, August 13, 2016)