عOmar Shaban IsmailPolitical Economy · Palestine

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PalThink Launches a Programme to Support Entrepreneurs

Raya Media Network · 2016-07-25

PalThink for Strategic Studies held an evaluation session as part of the project “Encouraging Young Entrepreneurs in Gaza to Create an Entrepreneurial Community,” funded by the Middle East Partnership Initiative, following theoretical and practical training from January 2016 to July 2016 on how to start a business. Participants said the training helped them turn their ideas into implementation-ready business plans and improve their understanding of management, production, marketing, and finance, while the session reviewed achievements, obstacles, and recommendations; one participant said he had already begun selling his wooden products.

PalThink for Strategic Studies held an evaluation session as part of the project “Encouraging Young Entrepreneurs in Gaza to Create an Entrepreneurial Community,” funded by the Middle East Partnership Initiative, following theoretical and practical training from January 2016 to July 2016 on how to…

PalThink for Strategic Studies held an evaluation session within the project “Encouraging Young Entrepreneurs in Gaza to Create an Entrepreneurial Community,” implemented by PalThink for Strategic Studies and funded by the Middle East Partnership Initiative. The meeting was attended by a group of young men and women, the entrepreneurs participating in the project who have ideas for small enterprises. The participants received a comprehensive training course entitled “How to Start Your Own Business.” The course addressed several topics related to management, production, marketing, and finance, under the supervision of a team of competent private-sector trainers and mentors specialized in the aforementioned subjects. The training continued, both theoretically and practically, from January 2016 until July 2016.

The meeting was opened by Mr. Omar Shaaban, Director of PalThink for Strategic Studies, who welcomed those present and thanked them for their commitment throughout the project period. He also praised their constant eagerness to refine their talents and develop their skills in various fields. The meeting aimed to follow up on and evaluate the work, and to review what had been achieved in the project in terms of training and guidance for the participants and the development of their business plans by the mentoring team, with the goal of enabling them to establish sustainable economic projects that would contribute to improving their living conditions. It also aimed to discuss the obstacles the participants faced during their field training, in addition to their recommendations and proposals, and to take them into account in other projects.

The young participants began by presenting the achievements and activities they had accomplished. Their views were unanimous regarding the high value of the training within the project, as they all affirmed that they had possessed only ideas for projects in their minds, whereas now they had a fully developed idea accompanied by a business plan ready for implementation, supervised by specialists each in his own field. The young participants also affirmed that their knowledge had increased regarding new ideas, market regulations, and the promotion of goods and services, which would have a significant impact on making the necessary improvements to their future project plans. All participants also agreed that they were ready to begin implementing their projects after their motivation to work had increased, especially since, after the lengthy training within the project “Encouraging Young Entrepreneurs in Gaza to Create an Entrepreneurial Community,” they had managed to reach the lowest costs and the lowest rate of loss in their plans, which encouraged them to work vigorously to realize their entrepreneurial ideas. Among these young people were some who had already begun implementation. One participant, Marwan Atallah, 22 years old, from al-Maghazi Camp, stated: “I have already begun implementing and selling my wooden products, and I was able to market 100 pieces during the Eid al-Fitr period after learning the process of marketing and management at the lowest costs within this project.”

The mentoring team also affirmed that they too had benefited from this project in strengthening the networking process between their institutions and among themselves as a team of mentors, who worked in an integrated manner to create capable and productive young people who can create job opportunities for themselves independently and even contribute to reducing the unemployment rate in their society as well.

Text © Raya Media Network — archived here with attribution to the source. — Machine translation for archival reference. — Original source

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