SITES: Algiers, Blida and Sétif – Algeria
DURATION: 10/01/2019 – 09/30/2020
FUNDER: U.S. Department of State Middle East Partnership Initiative (MEPI)
PARTNER: Algerian Center for Social Entrepreneurship (ACSE), Management Business International Institute (MBI) Setif
The Algeria Entrepreneurship & Employment Program supports the start-up of new youth-led enterprises while increasing the market for youth skills and products through support for existing non-hydrocarbon small- to mid-size enterprises.
The program will introduce a more demand-driven incubation process for youth-led business products or services to help ensure the start-up these new enterprises. It also strives to improve employment opportunities for youth by supporting the growth of existing small to mid-size enterprises (SMEs) outside of the hydrocarbon sector. This dual strategy is key to diversifying Algeria’s economy within the knowledge and technology-based sectors, improving economic stability, and employing more young Algerians. The program will also help expand employment by establishing demand-driven training agreements to help ensure young Algerians have access to high-quality, relevant training opportunities.
- Identify knowledge- and technology-based business sectors in Algeria with high potential for growth and creation of employment opportunities for young women and men.
- Prepare young Algeria men and women to meet the demands of knowledge and technology based promising sectors with high-quality, demand-driven training opportunities and job placement.
- Incubate emerging and innovative social entrepreneurs and connect them with the supply chain and potential investors.