French NGO Supernovae and the Turkish-based Bina Libya signed an MoU last Thursday for the Start-Up Project to support Gharian University Incubator.
The signing took place in the presence of the Director of the Gharian University Business Center, Dr. Abdulaziz Boudhina.
The MoU comes within the framework of the partnership between the two parties in to support and develop the Gharian University incubator, equipping it and training 25 faculty members in order to qualify them for entrepreneurship advisors and mentors.
The project will also lead to the launch of competitions for young entrepreneurs in the university and the Western Mountain region. The target number will be 100 training teams to be trained, incubated and guided to develop their projects and help them obtain the necessary funding from various financing agencies, especially banks, financing funds and private support agencies.
In this context, Raif Wafa, Supernovae Coordinator in Libya, confirmed to Libya Herald that this agreement comes within the framework of the organization’s endeavour to support a number of business incubators in Libya in order to promote the ideas of various youth projects in terms of training, development and obtaining the necessary financing to start the project.
Wafa said, “Thanks to our partnership with the Bina programme, we will work together to improve the capacity of the Gharian University Incubator to support entrepreneurs and small and medium-sized companies, and to enhance the entrepreneurial environment.
The Libya Startup project is a project that supports the Libyan entrepreneurial environment through training and guidance, in addition to strengthening the capabilities of entrepreneurs in Libya. The Libya Startup project is a project funded by the European Union in Libya and implemented by Supernovae in partnership with Spark.
For her part, Ghada Arhouma, Director of the Bina Libya Programme, confirmed that the aim of this agreement is to support the business incubator of Gharian University. This will train a number of entrepreneurship training consultants hold a competition at the level of the Western Mountain, the target of which will be 100 project ideas, in order to launch the targeted projects.