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Improved Business Development Support Services and Entrepreneurship Education Targeting MSMEs and Youth for the Creation of Decent Work Opportunities in Iraq - Final evaluation

eval_number:

3477

eval_title:

Improved Business Development Support Services and Entrepreneurship Education Targeting MSMEs and Youth for the Creation of Decent Work Opportunities in Iraq - Final evaluation

location:

region:

Arab States

country:

Iraq

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eval_url:

https://analyticstest.ilo.org/ievaldiscovery/eval/3477

lessons_learned:

description:

Conducting SYB training without linking the participants to financial institutions led only to meager results while discouraging other people to join the training. This lesson is related to outcome 1: “Iraqi/Kurdish potential entrepreneurs, start-ups and existing businesses benefit from standardized business development support services”. Potential entrepreneurs who were not supported by a loan or cash assistance displayed high frustration since they were not able to start a business despite the fact that they developed a business plan. This is discouraging other people to join SYB courses

context:

The frustration indicated above was revealed by the participants of the focus group with potential entrepreneurs. For that reason, only 3 people over 10 invited to the focus group accepted to attend.

success:

Potential entrepreneurs who were supported by a loan or cash assistance have succeeded in starting a business.

challenges:

The factors that created the frustration could be related to the fact that beneficiaries believed that by attending SYB, they will be supported financially to start a business. The confusion may have been created during the selection phase as the trainers didn’t explain to them if any link exists between training in SYB and financial assistance.

administrative_issues:

ILO may introduce in the design of SYB a session to be attended by relevant financial institutions. This will allow the SYB participants who prepare a draft business plan to present it in-person to the relevant financial institution of their choice.

comments:

The beneficiaries are the unemployed and those who had a job and interested to start a business.

url:

https://analyticstest.ilo.org/ievaldiscovery/lessons/253330

themes:

theme:

Training

category:

Employment

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