Reinforcing Med Microfinance Network System for Start-ups

Palestine National Mesures – Ejada

Ejada
Name of responsible organization: PPU
Website: ppu.edu\ejada https://www.facebook.com/ppu.Incubator/
NATIONAL OR LOCAL
Starting year	2018
Short description The Ejada Program is an integrated program to empower young people through specialized and intensive practical training and business, finance, counseling and networking services.

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)	Yes
Training activities	Yes

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 non-repayable fund percentage is 100%
Tax credit	No
Other (specify)

How does the activation of the measure work?

One-stop means	No
Call with closing date	Yes

Financial entity of the measure (indicate the resources allocated)

Overall amount	100,000 Seed fund + 30,000 Business service
% facilitation for each recipient	8.3%
Minimum amount that can be financed	8000
Maximum amount that can be financed	1000
Origin of financial resources (European, State, Regional Authority, Municipal authority, other)	GIZ+ISDB

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	65%		200	Existent	200 (18-35)
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, it is
NO

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

Number of initiatives
12

Total economic amount
100k+30k