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Palestine Polytechnic University Business Incubator (PPU)

Palestine Polytechnic University is leading the effort to create the first university business incubator in Palestine since 2007. to foster entrepreneurship, and enhance learning, internships, and job creation for 7000 potential entrepreneurs and serve start-up businesses in a facility of approximately 700 square meters.

PPU Business Incubator facility is operated by the ‘Centre of Excellence and Continuing Education’, that was launched at the beginning of the year 2007 as a technology based physical incubator facility, now moved to be a mixed use incubator meaning that offers business services to Palestinian entrepreneurs who have mature concepts for unique and innovative projects in various fields of all specialties. Aiming to develop Palestinian Micro, Small and Medium Enterprises (SMEs), as well as tackle growth model sectors in order to generate new jobs, attract foreign investment and improve the economic situation in Palestine. It offers startups: business mentoring, seed funding, office space, infrastructure and internet and is operated by a dedicated manager. Dozens of empowerment programs and thousands of training hours, mentoring and coaching have been carried out through a network of certified trainers and private sector. as well as incubation and acceleration programs and access to capitalization and financing to launch marketable businesses.

Where more than 180 startups obtained pre-incubation services as well as 88 startups that were officially launched in the market, from various economic sectors with a success rate exceeding 60% of total, which provided more than 160 jobs, 68% Of them female employees.

PPU Business Incubator have carried out many initiatives that support the local community in partnership with local universities, local and international non-profit organizations and many others from the governmental and non-governmental sectors.

The Business Incubator is proud of its active membership in the Arab Network for Information Technology Incubators and Techno parks in the Arab Region (AIEN), the International Business Incubators Association (UBI Global), the National Business Incubators Association Network (NBIA), and the Palestinian International Business Network (PBNI), and uses these local, regional and international relationships to expand the range of services provided and benefit from global experiences in related fields for the benefit of the target groups in the level of business development.

Contact person:

Ali Ramadan

Organization name:

Palestine Polytechnic University Business Incubator (PPU)

Grants:

Yes

Incubation / acceleration:

Yes

Loans / debt financing:

Yes

Equity investments:

Other:

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