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Supporting startup and improving survival rate of Micro, Small and Medium-sized enterprises (MSME) in Palestine through Business Incubators

BUSINCUB
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Project summary

A large number of young people dream of opening their own business, but many potential entrepreneurs and recent graduates lack proper business experience. This lack of experience hinders them from creating their own start-up. In order to set up a successful enterprise, potential entrepreneurs need greater support, including mentoring, business advice and information on how to obtain financial support. This project will facilitate their first steps towards establishing their own business start-ups.

This project supports the development strategy of the Ministry of National Economy in its efforts to develop a dynamic and vibrant private sector through supporting Micro, Small and Medium Enterprises (MSMEs).

Code PZA120281T
Start date 15 December 2014
End date 15 June 2019
Stage Closed
Donor European Union
Sector 32130 Small and medium-sized enterprises (SME) development
Budget 3 271 028.00 €

General objective

The project aims to facilitate the creation of MSME’s in Palestine. Moreover, it will enhance the capacity of organisations providing support services to start-ups in the pre-incubation and incubation phases.

Specific objective

The project will develop the capacity of incubator managers and small business advisers and it will facilitate access to MSME’s to finance with the aim to increase the number of viable and sustainable start-up businesses.

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