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Innovative Private Sector Development

Abstract*

The development objective of Innovative Private Sector Development Project is to improve economic opportunities for individuals and firms in the West Bank and Gaza. This project has three components. 1) The first component, Entrepreneurship Ecosystem Development, has the following four activities: (i) Improving market linkages to Arab communities in regional entrepreneurship ecosystems; (ii) Developing a dynamic startup finance ecosystem with a core...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve economic opportunities for individuals and firms in the West Bank and Gaza.

Key Details

Project Details

  • P164412

  • Closed

  • Andreja Marusic

  • PALESTINIAN LIBERATION ORGANIZATION (for the benefit of the Palestinian Authority)

  • West Bank and Gaza

  • March 23, 2018

  • (as of board presentation)

    June 1, 2018

  • October 2, 2019

  • US$ 13.00 million

  • C

  • Not Applicable

  • May 15, 2025

  • TBD

  • BANK APPROVED

  • June 2, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Special Financing 13.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 13.00
Total Project Cost** 13.00

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Financial Management Satisfactory 2024-12-31
Overall Implementation Progress (IP) Satisfactory 2024-12-31
Progress towards achievement of PDO Highly Satisfactory 2024-12-31
Financial Management Satisfactory 2024-12-31
Monitoring and Evaluation Highly Satisfactory 2024-12-31
Overall Implementation Progress (IP) Highly Satisfactory 2024-12-31
Procurement Satisfactory 2024-12-31
Project Management Satisfactory 2024-12-31
Progress towards achievement of PDO Satisfactory 2024-12-31
Procurement Satisfactory 2024-12-31
Project Management Satisfactory 2024-12-31

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Beneficiary individuals of improved economic opportunitiesValue0.00857.006700.00
    DateMarch 26, 2018April 30, 2024November 15, 2024
    Comment
  • New sole proprietorships registered (per year)Value0.000.003700.00
    DateApril 5, 2018June 26, 2023November 15, 2024
    Comment
  • Percentage femaleValue0.000.000.00
    Date
    Comment
  • Graduates, who successfully completed market-driven trainingValue0.00857.003000.00
    DateApril 11, 2018April 30, 2024November 15, 2024
    Comment
  • Percentage femaleValue0.000.0030.00
    DateApril 11, 2018November 15, 2023
    Comment
  • Beneficiary firms of improved economic opportunitiesValue0.005713.005025.00
    DateMay 1, 2018April 30, 2024November 15, 2024
    Comment
  • Percentage female-ownedValue0.000.000.00
    Date
    Comment
  • Beneficiary firms that have raised private investmentValue0.0079.0025.00
    DateMay 1, 2018April 30, 2024November 15, 2024
    Comment
  • Percentage female-ownedValue0.000.000.00
    Date
    Comment
  • New firms registered (per year)Value0.005634.005000.00
    DateMay 15, 2018April 30, 2024November 15, 2024
    Comment
  • Percentage female-ownedValue0.000.000.00
    Date
    Comment
  • Private investment raised by beneficiary firmsValue0.0032810000.0010000000.00
    DateApril 5, 2018April 30, 2024November 15, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Beneficiary firms that received catalytic funding and market access grantsValue0.00103.00210.00
    DateMarch 27, 2018April 30, 2024November 15, 2024
    Comment
  • Beneficiaries satisfied with project interventionsValue0.0093.0070.00
    DateMarch 26, 2018April 30, 2024November 15, 2024
    Comment
  • Average number of procedures to comply with business registrationValue10.004.006.00
    DateMarch 26, 2018February 28, 2023November 15, 2024
    Comment
  • Average number of days to comply with business registrationValue43.0010.0025.00
    DateMarch 26, 2018February 28, 2023November 15, 2024
    Comment
  • Recommendations proposed by the project that are endorsed for implementationValue0.002.005.00
    DateMarch 26, 2018April 30, 2024November 15, 2024
    Comment
  • Beneficiaries satisfied with project interventions.Value0.0093.0070.00
    DateJune 1, 2018April 30, 2024November 15, 2024
    Comment
  • Beneficiary firms that received COVID-19 rapid response working capital grantsValue0.0080.00100.00
    DateJanuary 4, 2021April 30, 2024November 15, 2024
    Comment
  • Percentage female owned/led firmsValue0.0028.0020.00
    DateJanuary 4, 2021August 30, 2022November 15, 2024
    Comment