Gaza Tech and Innovative Recovery Program
The Ministry of National Economy through its Innovative Private Sector Development Project (IPSD) and The Ministry of Telecommunications and Information Technology through its Palestine Technology for Youth and Jobs Project (TechStart) formed a joint program '' Gaza Tech and Innovative Recovery Program'' to provide urgent financial support to Palestinian IT services and tech and tech-enabled firms that have been affected by the recent war on Gaza to enable them to recover from losses to their business operations and infrastructure.
In some areas of Gaza, entire buildings that housed IT Services or tech and tech-enabled companies’ offices were demolished, completely destroying the workspace and its infrastructure, including furniture, office equipment, office systems, laptops, and all other essential assets without which business cannot continue. These companies need immediate support to replace what is lost and help them resume their business operations as soon as possible.
This program offers assistance in the form of in-kind grants to cover employee salaries, workspace rental, and relocation costs, in addition to replacing essential furniture, equipment, and software and hardware systems to enable a speedy resumption of operations.
be a legally registered IT services company; or
a tech or tech-enabled startup or innovative SME that: (1) has legal registration; (2) is in the process of legal registration; or (3) is willing to commit to legally registering in Gaza or the West Bank.
have been operational in Gaza for at least 1 month, (paying salaries, providing services, etc) prior to May 10, 2021;
Firms have been physically damaged or destroyed by the recent war in Gaza during May 2021
have low or no environmental impact in accordance with ESM standards of both projects
Demonstrated effect of 2021 Gaza war on the company. This includes: Images of actual physical damage, invoices, purchase orders, or any other proof of purchase for equipment that was damaged due to war events, suspended contracts with clients, rent contract for damaged workspaces, and/or signed employees’ contracts
Clear and credible plans for recovery post war, and what steps have been taken to resume operations.
Prospects and growth potential after the support period. Demonstrate the positive impact of the fund on resilience, sustainability, and staff retention. It is recommended (although not required), that applicants attach a business plan (if such materials are available).
Applications will be assessed on rolling basis with a closing date on 20/08/2021