Tunisian entrepreneurs roll up sleeves after encouraging startup law
Less bureaucracy and more subsidies get Tunisia’s young businessmen to reach out to unorthodox fields such as exporting edible flowers or mushrooms for pharmaceutical use.
Tunisia's Startup Act, enacted this spring to encourage the young entrepreneurs in the country, has got the ball rolling for projects that range from agriculture biotechnology to software development.
One of those entrepreneurs, Suniya Elabyadi, left her job in the public sector last year to set up an agriculture technology company, which now exports edible flowers to France. “Previously it was impossible for us to deal with customers abroad, because small companies were banned from opening foreign currency accounts,” Elabyadi told Al-Monitor. “The Startup Act has given us the right to do so, and I signed a contract with a French exporter last May. I believe this is a good law overall.”
