Deraya Blog

Ready to Elevate Entrepreneurship in Libya? Ruwwad - Deraya Has You Covered!

Written by TEAM | Sep 24, 2024 2:58:03 PM

Are you an aspiring entrepreneur in Libya looking to turn your dreams into reality? Well, you're in for a treat! Introducing Ruwwad - a game-changing initiative that's set to revolutionize the entrepreneurial landscape in the country.

Developed through a collaborative effort between the Ministry of Local Government, the MSMEs National Program, and the United Nations Development Programme (UNDP). With a comprehensive approach, Deraya is nurturing the entrepreneurial spirit and driving societal progress, fostering innovation and economic growth across Libya. Now, Ruwwad – Deraya is embarking on an exciting new chapter, with some incredible partnerships that are set to amplify its impact and empower the next generation of Libyan innovators.

First up, Deraya joined forces with Flat6Labs, TATWEER Research, MAZAM, Moomken, ACTED and Tadawul Financial Group, providing entrepreneurs with vital resources and support. Deraya is now collaborating with TEAM for Training and Development, and the Development and Arab Institute of Business Leaders (IACE) on the Ruwwad project - combining their expertise to take the program to new heights.

This is a truly remarkable moment for entrepreneurship in Libya. By bringing together diverse partners and harnessing their collective knowledge and networks, Ruwwad is creating a dynamic environment where entrepreneurial dreams can thrive.

Ruwwad project offers aspiring Libyan entrepreneurs with a comprehensive roadmap to success, guiding them through a transformative journey step-by-step. At the heart of the program is an intensive 10-day capacity building training that equips participants with essential business skills and expertise. Complementing this, the Ruwwad provides personalised mentorship from experienced industry leaders, helping entrepreneurs refine their strategies and overcome challenges. Participants will also have the opportunity to showcase their business plans on a competitive pitching stage, competing for valuable funding and resources to bring their visions to life. For the most promising ventures, Ruwwad concludes with grant distribution, providing the necessary support to turn entrepreneurial dreams into thriving enterprises. By immersing participants in this dynamic ecosystem, the project empowers Libyan innovators to achieve their goals and drive economic growth across the country.

Get ready to be inspired, supported, and empowered like never before. The future of entrepreneurship in Libya has never looked brighter - and you could be a part of it! Stay tuned to Deraya's official website and social media channels to follow along on this transformative journey.

The Ruwwad is part of Deraya Initiative which is a collaborative effort between the Ministry of Local Government and the United Nations Development Programme. It is funded by the European Union, the African Development Bank, UK Aid, the Norwegian Ministry for Foreign Affairs, and the United Nations Peacebuilding Fund. In Libya, the initiative is implemented in close collaboration with the National Program of Small and Medium Enterprises and through key partners such as Flat6Labs, Tatweer Research, MAZAM, Ernst & Young (EY), Moomken, Acted, Tadawul Financial Services, TEAM for Training and Development and Arab Institute of Business Leaders (IACE) showcasing a strong network of support and expertise.