Innovative Private Sector Development

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The development objective of Innovative Private Sector Development Project is to improve economic opportunities for individuals and firms in the West Bank and Gaza. This project has three components. 1) The first component, Entrepreneurship Ecosystem Development, has the following four activities: (i) Improving market linkages to Arab communities in regional entrepreneurship ecosystems; (ii) Developing a dynamic startup finance ecosystem with a core focus on organized angel investing; (iii) New automated company registration system; and (iv) Developing home-based businesses framework. 2) The second component, Building an Outsourcing Hub in Gaza, aims to develop the outsourcing model and piloting expansion of an existing organization in Gaza. 3) The third component, Project Management, aims to be responsible for the day-to-day administration of the overall project planning, coordination, and technical and fiduciary supervision.