The Palestinian pool of business projects also presents an interesting mix of microfinance solutions, in the form of loans at low interest rates and non-repayable grants. The main national measure is Start Up Palestine, which by financing the creation and development of businesses through microcredit, has managed, during the last three years, to grant 2475 loans, 126 of which are for start-ups. We also find local measures that combine economic support with tutoring and training: SMEs, Ejada, Creative Cluster Campus are just some of them. Metaverse was an interesting experiment where different workshops and training were provided to 90 participants going through a selection process to provide 3 ventures with a fund.
| PALESTINE | |||||||||
| NAME | Startup Palestine | ACAD Forsa | Creative cluster campus | Ejada | Grow | “Women’s economic and entrepreneurship empowerment Hub” | Ebtaker | SMEs | Metaverse |
| NATIONAL MEASURE | X | ||||||||
| LOCAL MEASURE | X | X | X | X | X | X | X | X | |
| FINANCED ACTIVITY | Creation and strengthening of existing businesses | Creation and strengthening of new/existing businesses | Creation of new businesses + training activities (incubation program) | Creation of new businesses+Strengthening of existing businesses+Specific investments +Training activities | Strengthening of existing businesses + investments + training | Capacity building & skill development program | A platform that supports fintech initiatives | We provide funding for all industries that provide products that include (Agriculture, Industry, Trading, Services, Tourism, and ITC).The funding cover operating costs, fixed assets, working capital, new line productions, and operational expenses. | Within the framework of this program, different workshops and training were provided to 90 participants and they went through a selection process to provide 3 ventures with a fund. |
| TYPE OF FINANCING | Low-interest loan ( no collaterals + repayment up to 6 years) | Low-interest loan ( with collaterals + repayment up to 60 months) | Non-repayable grant | Non-repayable grant | Non-repayable grant | Non-repayable grant | Low-interest loan ( with collaterals + repayment up to 5 years) | Non-repayable grant | |
| ACTIVATION | One-stop shop | One-stop shop | Call with deadline | Call with deadline | Call with deadline | Call with deadline | One-stop shop | Call with deadline | |
| FINANCEABLE AMOUNT | 4,000 – 40,000$ | 5,000 – 30,000$ | 20.000$ | 8,000 – 10,000$ | 2,000 – 6,000$ | 25,000 – 75,000$ | 5,000 – 20,000$ | ||
| TYPE OF SOCIAL STRUCTURE | Female, Over 50, Unemployed, Disadvantaged groups, Youth (18-24) | Female, Youth, Start-ups | All | Individual youth | Femal | Companies | |||
| TYPE OF SUPPORT | Only financial | Only financial | Financial support + accompaniment/training | Financial support + accompaniment/training | Financial support + accompaniment/training | Financial support + accompaniment/training | Financial support + accompaniment/training | Financial support + accompaniment/training | |
| FINANCED INITIATIVES OVER THE LAST 3 Y | 296 | 142 | 6 | 12 | 4 | 6 | 1117 | 3 |
