Reinforcing Med Microfinance Network System for Start-ups

Palestine National Mesures – Creative cluster campus

Creative cluster campus
Name of responsible organization: Techno Park
Starting year2017End year2018
Short description
The Creative Cluster Campus (CCC) was an 18-month initiative whose objectives were to support Palestinian youth in launching new businesses with innovative ideas and technical competency and to assist with the matchmaking of supply and demand of skills in the labor markets. The project offered both capacity-building activities and an incubation program. 85 participants joined the program and six start-ups were selected to be incubated.

What kind of activity does this measure finance?

Creation of new businessesYes
Strengthening of existing businessesYes
Specific investments – specify the type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)No
Training activitiesYes
Other (specify)Yes/No

What type of financing is it?

Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)No
Non-repayable grant (indicate the percentage of the non-repayable fund)Yes, the percentage of non-repayable fund is 100%
Tax creditNo
Other (specify)No

How does the activation of the measure work?

One-stop means 
Call with closing dateYes

Financial entity of the measure (indicate the resources allocated)

Overall amount150k$
% facilitation for each recipientDepending on the needs, up to 20k to 6 projects 
Minimum amount that can be financed6k
Maximum amount that can be financed20k
Origin of financial resources (European, State, Regional Authority, Municipal authority, other)UNDP, IDB

Type of funded social structure (indicate if belonging to a specific category is required in order, to access the measure)

FemaleOver 50Unemployed (specify any type)Disadvantaged groups (specify type)Youth (specify age range)Other (specify)
IndividualMore than 50%All(20-29)
Company 1 company

Does the measure provide for accompaniment and training or only financial support?

Financial support + accompaniment/trainingYes
Only Financial support

Is the measure considered a good practice and as such replicable in other national and / or international contexts?


How many initiatives have been financed in the last 3 years and for what economic amount?

Number of initiatives   
6 initiatives 
Total economic amount
Approximately 100k$
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