| Grow – Cowater group (Generating revenue opportunities for Women and Youth) | |||
| Name of responsible organization: Asala (Palestinian Businesswomen’s association) | |||
| Website: https://www.grow.ps/aboutus.php https://asala-pal.org/ | |||
| NATIONAL OR LOCAL | Local | ||
| Starting year | 2019 | End year | 2022 |
| Short description of the program Grow project responds to the development needs and challenges faced by female entrepreneurs in the West Bank, to move beyond their essential but largely unrecognized roles, ultimately contributing to their increased voice and agency in both social and economic spheres, while enhancing the overall productivity and competitiveness of the target value chains within the agribusiness subsector. 70 women-led ventures get training on financial literacy, and 20 get financial support in marketing and branding |
What kind of activity does this Project finance?
| Creation of new businesses | Provide only technical support |
| Strengthening of existing businesses | Yes, 20 Labeling, Branding, and Packaging of their products |
| Specific investments – specify the type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods), | Yes, Women-led SMEs |
| 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 |
| Tax credit | No |
| Other (specify) | Yes/No |
How does the activation of the project work?
| One-stop-shop (physical or virtual), where the potential beneficiary can go whenever he/she wants. | No |
| Call with closing date | Yes |
Financial entity of the Project (indicate the resources allocated)
| Overall amount | $320,813 |
| % facilitation for each beneficiary | |
| Minimum amount that can be financed | |
| Maximum amount that can be financed | |
| Origin of financial resources (European, State, Regional Authority, Municipal authority, other) | Canadian Government |
Type of funded social structure (indicate if belonging to a specific category is required in order to access the Project)
| Female (MUST) | Over 50 | Unemployed | Disadvantaged groups | Youth (18-24) | Other (specify) | |
| New Ideas | 616 | 178 | 538 | 122 | ||
| SME/ Existing Businesses | 398 | 41 | 63 | 49 |
Does the Project provide for accompaniment and training or only financial support?
| Financial support + accompaniment/training | Yes |
| Only Financial support |
How many initiatives have been financed in the last 3 years and for what economic amount?
| Number of initiatives 4 | Total economic amount $700,000 |
