Project profile — Future Entrepreneurs and Leaders in Innovation and Technology



Overview 

CA-3-P005176001
$193,222
Leaders Organization
2018-01-29 - 2019-12-31
Operational
Global Affairs Canada
EGM Europe, Arctic, Middle East and Magh

Country / region 

• West Bank Gaza (100.00%)

Sector 

• Government And Civil Society, General: Democratic participation and civil society (15150) (40.00%)
• Banking And Financial Services: Education/training in banking and financial services (24081) (20.00%)
• Business And Other Services: Business support services and institutions (25010) (40.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (significant objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (significant objective)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project aims to support young women and men to establish and grow sustainable market-driven businesses. The project seeks to enable women and men led start-up teams to develop their business ideas by providing them with entrepreneurship training and coaching. These trainings prepare them to effectively pitch their ideas to investors and have a better chance to access seed capital funds, which are the initial capital used to start a business. The project also seeks to strengthen Leaders Organization’s ability to understand, respond and address gender equality barriers to entrepreneurship through its work and programs.

Expected results 

The expected outcomes for this project include: (1) reduced barriers to entrepreneurship faced by youth, in particular, young women; (2) enhanced opportunities for young entrepreneurs to successfully establish and grow their business; and (3) enhanced responsiveness of Leaders Organization to the challenges and barriers facing women entrepreneurs.

Results achieved 

Results achieved as of January 2020 include: (1) 21 women start-ups established their businesses following technical assistance and mentoring; (2) 30 start-ups generated employment opportunities; (3) 66% of women participants confirmed willingness to proceed with their businesses; (4) 15 women start-ups received seed-investments to start-up their business, pitching to investors outside GAC; and (5) 83% of women participants were satisfied by the services offered by Leaders Organization and how they match their gender-specific needs.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Transaction Date Type Value
29-07-2019 Disbursement $20,492
29-08-2019 Disbursement $41,000
12-09-2019 Disbursement -$41,000
12-09-2019 Disbursement $11,100
12-09-2019 Disbursement $29,900
31-03-2020 Disbursement $25,497
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Project-type interventions
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