Improving IT Services Ecosystem
TechStart provides competitive grants to stimulate private sector investments in the entry of new actors in the IT ecosystem and in new business and research infrastructure for IT service firms. These actors will provide new services to the Palestinian market that will enhance the competitiveness of Palestinian IT service firms. These will include services related to human capital strengthening and access, including commercial training providers and Human Resource (HR) IT service providers. New actors will also invest in establishing Palestinian IT service firms that will broaden the scope of services offered by the Palestinian IT services market. The grants will also support business infrastructure at the firm-level and one or more shared research and development hubs.
The Pioneer program focuses on strengthening the competitiveness of the Palestinian IT sector through financing initial costs for establishment in West Bank and Gaza.
The program will provide matching grants to new West Bank and Gaza business establishments that increase global competitiveness by building new capabilities in the local IT ecosystem. New IT service providers will broaden the service offering of the Palestinian IT sector, generate more revenue, and create new jobs. Through new training or certification providers, the IT service firms will have access to a greater (through HR services) and better skilled (through training providers) pool of workers in the labor market who have the capabilities to work on contracts that meet international standards. This program will also provide IT services firms with access to the minimum business infrastructure they need to operate their businesses, namely IT equipment and office facilities.
Grants to Stimulate Private Investments in the IT Service Ecosystem:
Grants for IT Business Infrastructure: