On Thursday 27 October 2016, ACAD concluded a training course on how to prepared feasibility studies for small enterprises. The training course was implemented over 12 days in Qalqilia governorate in which 32 male and female trainees from households nominated by the Ministry of Social Development participated. ACAD will provide 27 commercial, agricultural and services enterprises with grants of $6,600.
During the training course, the trainees were instructed about the concept of entrepreneurship and the most important qualities of an entrepreneur. It also focused on strengthening the trainees’ capacities on how to choose ideas for enterprises of economic feasibility. Moreover, the training sought to promote and enhance the trainees’ skills in project management in terms of marketing, productive, administrative and financial aspects. Additionally, the trainees were provided with the necessary skills to prepare and develop an action plan for the ideas of their enterprises and other skills including book keeping and financial follow up of enterprises.
This training course comes within a series of trainings held by ACAD over the past months in each of Qalqilia and Salfeet governorates on subjects related to preparation of feasibility studies of which 88 male and female trainees have benefitted. Currently, ACAD is working on funding and implementing 75 enterprises in the two governorates.
The implementation and financing of these enterprises come within the Economic Empowerment of the Palestinian People “DEEP” program implemented by the United Nations Development Program “UNDP” in partnership with the Arab Center for Agricultural Development “ACAD” and the Ministry of Social Development and funded by the Islamic Development Bank.