{"id":986,"date":"2022-11-11T00:00:00","date_gmt":"2022-11-11T00:00:00","guid":{"rendered":"https:\/\/euroly.org\/?p=986"},"modified":"2023-10-20T09:44:23","modified_gmt":"2023-10-20T09:44:23","slug":"start-up-accelerator-libya","status":"publish","type":"post","link":"https:\/\/euroly.org\/start-up-accelerator-libya\/","title":{"rendered":"New Business Start-up Accelerator Initiative in Libya Celebrated by the ELTC"},"content":{"rendered":"\n
The United Nations Development Programme (UNDP) and Tatweer Research have agreed to launch a new business start-up accelerator initiative in Tripoli, Benghazi, and Sabha. The initiative is aimed at creating new businesses and generating jobs for hundreds of youths as a critical component of building peace in Libya.<\/p>\n\n\n\n
The accelerator program will support innovative businesses ideas, help build new market linkages, identify market niches, build relationships with partners and investors, and increase access to capital across the country<\/strong>. The initiative also contributes to UNDP\u2019s efforts to upscale institutional capacities with the Ministry of Local Government and its resolution to create Business Incubators and Accelerators.<\/p>\n\n\n\n The launch of the business start-up accelerator is a part of UNDP\u2019s Local Peacebuilding and Resilience Programme. Through this programme, UNDP hopes to provide much-needed support to entrepreneurs in Libya <\/strong>so they can develop their business ideas and contribute to the country\u2019s economic growth and stability.<\/p>\n\n\n\n UNDP Resident Representative, Marc-Andr\u00e9 Franche underlined the importance of job creation for youth in local peacebuilding efforts. He expressed encouragement at this new partnership between Tatweer Research and UNDP that will help entrepreneurs grow their businesses into sustainable employment opportunities.<\/p>\n\n\n\n