Enhancing economic resilience of Micro and small enterprises through economic empowerment tools.

Generating economic opportunities through cohesive and integrated entrepreneurial ecosystem.

• 1’750 micro and 1’250 small enterprise owners who are interested in growing their businesses
• 500 entrepreneurs who have business ideas and wish to start their own projects
• 50% women / 50% male beneficiaries
• 24’500 indirect beneficiaries (family members, employees)

Geographical coverage: Amanat Al-Asimah/Sana’a, Taiz, Aden, Hadramout, Hodeidah governorates

Outcome 1: Micro- and small enterprises are empowered to grow and create employment, which ultimately leads to an economic contribution benefiting families and communities.

Outcome 2: Promising, high-potential entrepreneurs are equipped and capacitated to generate income from entrepreneurship & self-employment, and experience improved livelihoods.

Risultati principali attesi:  

Output 1.1: 3000 MSE owners accessed skills development and technical assistance, through training and consulting services

Output 1.2: 3000 MSE owners accessed finance, through grants and interest-free loans

Output 2.1: 500 entrepreneurs’ entrepreneurial mindset and capacities are developed for transitioning their ideas into businesses

Output 2.2: 500 entrepreneurs accessed finance, through seed funding

Output 2.3: An enriched, participatory and inclusive pipeline of 200 new, market-driven business ideas is rolled out in incubation program

WB multi-donor trust fund pillar on equitable economic opportunities and jobs

Sana’a Center for Strategic Studies; EU/Silatech initiative with Al-Amal Bank and Reyadah Foundation (pipeline)