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This area covers one of the main tasks of the UfMS, namely the identification, coordination and channelling of funding resources required for the implementation of the UfM projects. It also includes initiatives relating to business development within the UfM sphere, in particular, the Mediterranean Business Development Initiative which is aimed at assisting the existing entities in partner countries operating in support of micro, small and medium-sized enterprises by assessing the needs of these enterprises, defining policy solutions and providing these entities with resources in the form of technical assistance and financial instruments. It will be based on the principle of co-ownership and its activities are expected to be complementary to those of the existing entities working in the field.