FUEL – IT, Supporting Women Entrepreneurs in the Region
- February 15, 2018
- Posted by: ziad ziadeh
- Category: News
PRESS RELEASE: On Monday, February 12, 2018 the Canadian delegation represented by Mr. Douglas Scott Proudfoot, Representative of Canada to the Palestinian Authority and Ms. Nathalie Bechamp, Director General for Investment and Innovation visited Leaders Organization in Ramallah to learn more about startups and the entrepreneurial ecosystem in the West Bank and Gaza. This visit came as part of Global Affairs Canada’s support for sustainable economic growth development in the West Bank and Gaza. The delegation met with Leaders Organization team and with a few startups to discuss their initiatives and perspectives of the ecosystem and its future in the region.
This day also marked the launch of Future Entrepreneurs and Leaders in Innovation and Technology (FUEL-IT), a project funded by the Development Program of Global Affairs Canada under a Call for women and youth economic empowerment, employability and entrepreneurship that was launched in 2017, and will be implemented by Leaders Organization in the West Bank over the coming two years.
FUEL IT aims to support young women and men establish and grow sustainable market-driven businesses through technology and innovation in the West Bank. The project is designed to enable 30 female-led and male-led start-up teams, to develop their business ideas by providing them with entrepreneurship training and coaching that allows them to effectively pitch their ideas to investors and have a better chance to access seed capital funds -the initial capital used to start a business.
The project supports Canada’s Feminist International Assistance Policy given its focus on fostering growth that works for everyone and the empowerment of women and girls. Representatives of Global Affairs Canada and Leaders Organization hope that the launch of this project is a pivotal starting point for women entrepreneurs’ economic empowerment and encouragement that would lead to higher participation of women in the workforce, and a stronger Palestinian economy. Mr. Proudfoot stated: “a stronger Palestinian economy could only be achieved by giving equal opportunities for men and women and utilizing all Palestinian resources to prosper.”
The project will further strengthen the gender policy of Leaders organization to work towards a more inclusive policy that addresses barriers women entrepreneurs encounter, and creates a leading example for other incubators across West Bank and Gaza to follow, and encourages innovation and technology amongst women.“FUEL – IT” Supporting Women Entrepreneurs in the Region