As Palestine stands amongst the 4th highest unemployment rate for youth in the world, the youth unemployment increased to 46.30% in 2017. Therefore, the creativity and energy of talented young Palestinians is being invested in outside the country due to the lack of local employment opportunities as well as the political obstacles Palestinian employees face daily.
Entrepreneurship is a significant stepping stone in the process of decreasing the level of youth unemployment. While adopting this approach to deal with the increased level of unemployment in Palestine, many business advisories, consulting services and incubators are trying to attract the youth population towards the private sector and self-employment. This is consistent with the fact that the economic indicators show increases in the level of unemployment in Palestine to 29% in 2017 from 27% in the prior year.
Despite the difficulties,
15% of Palestinian university graduates have attempted to start their own businesses in 2016.
Introducing business best practices and market-adapted incubation and acceleration process in parallel to strengthening the team’s entrepreneurial competencies that meet Palestinian sustainable development requirements for young entrepreneurs.
A developed and sustainable Palestinian economy through empowerment of youth entrepreneurs, who contribute to growth, job creation and higher standards of living for future generations.
It is said that a team should ‘Not start a company unless it’s an obsession and something they love’, and Flow is that fantastic space that we love and inspires us.
We aspire to innovatively portray how solutions for startup problems rely on the stories of interactive, collaborative and cooperative work. At Flow, we promote gender equality, women empowerment, economic growth and decent work opportunities for young visionaries, hoping to establish solid institutions in Palestine.
Like others worldwide, the Flow team shares a vision for a better future. Thus, Flow addresses multi pressing global challenges in its vision, mission and program deliverables. Flow aims to challenge the status quo by taking the initiative to build a sustainable Palestinian ecosystem.
Flow approach and vision support the dimensions and pillars of the decent work. Flow’s vision stems from its belief in the international labor standards and fundamental principles and rights at work, employment creation, social protection and dialogue.
Flow supports productive activities, entrepreneurship, creativity and innovation, and encourages the formalization and growth of micro, small, and medium-sized enterprises. By which, Flow aims to achieve higher levels of economic productivity through diversification, technological upgrading and innovation through its entrepreneurship program. Flow’s goal is substantially reducing the percentage of youth unemployment and sustain per capita economic growth.
Flow cohesively encourages the adoption of sound policies for the promotion of gender equality. Flow believes in ensuring women’s full and effective participation and equal opportunities for leadership at all levels in political, economic and social aspects.
Flow also supports the empowerment of women. Women represent half of the Palestinian population. The unemployment rate among women participated in the labor force was 47.4% compared to 22.3% for participated males. 65.8% of youth females aged of (15-29 years) were unemployed. While the unemployment rate among women with 13 school years and above represents 53.8% of women in this group. Flow’s entrepreneurship program calls all female youth to challenge the status quo and is ambitiously open for gender parity goal.