The Business Start-up Incubator Support Program (BSIS)
BSIS supported the development of a dynamic and vibrant private sector through supporting Micro, Small, and Medium Enterprises. MSMEs constituted 97% of all enterprises in the Palestinian economy and generated 87% of employment opportunities in the private sector.
Through the project, Leaders International was able to facilitate the creation of 120 MSMEs through incubation, skills development, and access to finance, and therefore, enhanced their competitiveness, financial sustainability, and capacity to employ more Palestinians.
To achieve the best results, Leaders International built and increased the capacity of organizations that provided support services to startups during the pre-incubation and incubation phases, including business centers and women and youth organizations. It further developed the capabilities and expertise of 5 incubators and created hundreds of accredited business advisors, coaches, and mentors.
The BOOST voucher system, developed by Leaders International, was used to facilitate the process for entrepreneurs to get access to professional business development and advisory services.
Ultimately, through Leaders International’s extensive network in Palestine, targeted MSMEs with promising business potential were provided with sustainable access to finance.
September 2015 – June 2019
Enabel – Belgian Development Agency
€1m – €5m