| Creative cluster campus | |||
| Name of responsible organization: Techno Park | |||
| Website: https://www.technopark.ps/ | |||
| NATIONAL OR LOCAL | Local | ||
| Starting year | 2017 | End year | 2018 |
| 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 businesses | Yes |
| Strengthening of existing businesses | Yes |
| Specific investments – specify the type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods) | No |
| Training activities | Yes |
| 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 credit | No |
| Other (specify) | No |
How does the activation of the measure work?
| One-stop means | |
| Call with closing date | Yes |
Financial entity of the measure (indicate the resources allocated)
| Overall amount | 150k$ |
| % facilitation for each recipient | Depending on the needs, up to 20k to 6 projects |
| Minimum amount that can be financed | 6k |
| Maximum amount that can be financed | 20k |
| 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)
| Female | Over 50 | Unemployed (specify any type) | Disadvantaged groups (specify type) | Youth (specify age range) | Other (specify) | |
| Individual | More than 50% | All | (20-29) | |||
| Company | 1 company |
Does the measure provide for accompaniment and training or only financial support?
| Financial support + accompaniment/training | Yes |
| Only Financial support |
Is the measure considered a good practice and as such replicable in other national and / or international contexts?
| YES | Yes |
| NO |
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$ |
