Improving the IT Service Ecosystem Program "PIONEER"
The main objective of the PIONEER program (market name for Component 2) is to strengthen competitiveness of the Palestinian IT sector through financing initial costs for establishment in West Bank and Gaza of: (a) new business operations in the IT sector; (b) new commercial IT training providers; (c) new commercial human resources (HR) service providers for IT sector. This intervention will also provide grants to support business IT infrastructure. PIONEER 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.
Seed grants to stimulate private investments in the IT service ecosystem:
PIONEER provides matching grants to new IT business establishments in West Bank and Gaza. This initiative will help attract technological competencies, industry expertise and will broaden the service offering of the Palestinian IT sector. The seed grants will be provided to eligible individuals or companies through three windows:
Grants for IT business infrastructure:
The Project provides eligible Palestinian IT services firms with matching grants to cover their needs of IT business infrastructure including office equipment and improvement, to ensure smooth and sustainable operations.