Memorandum of Cooperation between Business Incubator and Hasib Sabbagh Center of Excellence
Translated by Sabrin Qadah
Business incubator '(IDEA) to support small enterprises in Jenin’, signed on Saturday a memorandum of cooperation and partnership with Hasib Sabbagh center of excellence for information technology in the Arab American University in Jenin.
This memorandum comes within the framework of the economic recovery project, which is implemented by the Palestinian advisory body for the development of non-governmental institutions 'PCS’, with support from DROSOS Foundation's. The project seeks to contribute to the social and economic empowerment of young people, women and marginalized groups, and in particular, to provide business development services to entrepreneurs and innovators in the field of establishing and developing small economic projects.
It also came as a practical step to support the steps of permanent partnership between the Palestinian higher education sector and civil society organizations, and to support the different roles of the parties in the construction of the Palestinian economy, especially the youth sector.
The memorandum entails cooperation between the parties in support of small enterprises that fall under the information technology sector, including the provision of technical and financial support for small entrepreneurs in terms of the development of ideas and preparation of business plans and market, grants, loans and capacity building in entrepreneurship.