| Financier | Commitments |
|---|---|
| Palestinian Umbrella for Resilience Support to the Economy M | 4.00 |
| Special Financing | 10.50 |
Innovative Private Sector Development II
Abstract*
The proposed AF of $10 million will enable the project to scale up its support for the Palestinian startup ecosystem through existing project components. The project consists of four mutually reinforcing components that address key gaps in the ecosystem to create a supportive environment for tech and tech-enabled startups and innovative SMEs in the West Bank: Component 1: the “Entrepreneurship Ecosystem Development,” focuses on entrepreneurship ecosystem... Show More
Development Objective
To improve economic opportunities for tech enabled startups and innovative SMEs, and individuals in the digital economy in the West Bank; and in case of an Eligible Crisis and Emergency, respond promptly and effectively to it.
For the purposes of this project economic opportunities include access to the following resources: (a) early-stage finance, (b) market access activities, (c) mentorship, (d) skills enhancement training, (e) employment matchmaking, and (f) streamlined formal business registration.
Key Details
Project Details
P181354
Active
Andreja Marusic , Kaliza Karuretwa
THE PALESTINE LIBERATION ORGANIZATION (FOR THE BENEFIT OF THE PALESTINIAN AUTHORITY)
June 29, 2023
(as of board presentation)
September 20, 2023
October 11, 2023
US$ 12.00 million
Ministry of National Economy Palestine - Ramallah
2024
US$ 14.50 million
N/A
Moderate
December 31, 2028
No
BANK APPROVED
July 27, 2023
Finances
Financing Plan (US$ Millions)
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 | 14.50 |
| Total Project Cost** | 12.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2025-02-24 |
| Procurement | Moderately Satisfactory | 2025-02-24 |
| Financial Management | Satisfactory | 2025-02-24 |
| Project Management | Satisfactory | 2025-02-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-02-24 |
| Progress towards achievement of PDO | Satisfactory | 2025-02-24 |
| Financial Management | Satisfactory | 2025-02-24 |
| Procurement | Moderately Satisfactory | 2025-02-24 |
| Project Management | Satisfactory | 2025-02-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-02-24 |
| Progress towards achievement of PDO | Satisfactory | 2025-02-24 |
| Monitoring and Evaluation | Satisfactory | 2025-02-24 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.