Columbia International Affairs Online: Working Papers

CIAO DATE: 08/2013

Developing an Entrepreneurial Ecosystem in the Palestinian Territories

Vanessa Zuabi, Katherine St. Onge

May 2013

Aspen Institute

Abstract

Partners for a New Beginning (PNB), in cooperation with the Telos Group and the local chapter of PNB-Palestinian Territories, led an Entrepreneurship Delegation to the West Bank from October 3 – 7, 2012. Nearly a dozen US entrepreneurs, angel investors and those passionate about mentoring entrepreneurs traveled from across the globe for a week dedicated to understanding the challenges and opportunities facing Palestinian entrepreneurs, as well as providing mentorship and training for many of them. The group met with representatives from several Palestinian universities, as well as successful business leaders and local investment firms to gain a holistic view of local efforts to support entrepreneurs through entrepreneurial curriculum, training, and access to capital. Perhaps most importantly, it gave both sides the opportunity to share best-practices, forge new relationships, and invest in valuable partnerships.