Incubation Services for Innovative Projects

Palestine Innovation Initiative (Pi2)

Incubation Services for Innovative Projects

Palestine ICT Incubator (PICTI) [Palestine Business & Innovation Centre (BIC)] within its efforts towards the National Economic Improvement through supporting private sector by facilitating new businesses establishment, improving business performance and increasing employability considering business innovation standards; 

Is calling Palestinian entrepreneurs to apply their proposals for assisting the implementation of their innovative projects and establishment of their start-up businesses under the “Palestine Innovation Initiative (Pi2)” and following the approach:

10 min: Business Case & Pitching – 105 Days Acceleration Model

The initiative will facilitate driving proposals towards being viable start-up businesses considering a new Acceleration Model by providing winners of successful innovative proposals with:
-Hosting for 105 days under a signed acceleration agreement considering specified action plan of clear milestones.
-Business development, mentoring, coaching and networking services during the acceleration agreement period. A local / international mentor / coacher will be assigned for each project through a match-making process.
-Allocating an average amount of ($3,000) as a Seed Fund for each selected project during the first phase.

Noting that:   
-During phase I of Pi2, PICTI (Palestine BIC) will not take any equity or shares for supporting / incubation services.
-PITA members and existing businesses / companies are encouraged to apply.

Application Form

Interested entrepreneurs and companies in Gaza are asked to propose their innovative projects using the Application (available on PICTI website) no later than December 27, 2012 for the first round by sending their applications to: [email protected].

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