TeamStart Palestine
TeamStart - Palestine is a program designed in 2008 by the Palestine Information & Communication Technology Incubator (PICTI), Mercy Corps and the University of Warwick Science Park (UWSP) United Kingdom in order to take advantage of PICTI’s recognized capabilities in developing new business ventures. TeamStart - Palestine’s Underlying Rationale In the population at large, many start-ups suffer from being too small, under-capitalized, having little or no export potential and have self imposed growth restrictions, and research among 1,700 small/medium sized companies to establish the characteristics of successful high growth companies has shown that: o The majority of high-growth companies are started by more than one person; in 40% of cases, three or more entrepreneurs are involved. o Innovation-led start-ups have the greatest probability of survival o Start-ups formed by experienced and successful business people are more likely to be successful TeamStart - Palestine is a full service package that provides entrepreneurs with technical consultation, confidence building, business development training and practical assistance. TeamStart - Palestine joins innovative and creative entrepreneurial minds to help them create high growth businesses. PICTI, in cooperation with MercyCorps, are looking for people with sound business ideas and with technical or business skills that are needed to create viable businesses to join the TeamStart - Palestine Program, which is funded by the British Consulate-General Jerusalem. MercyCorps through the ICT Business Development Project that aims at Investing in Peace through ICT Business Cooperation and Capacity Building will fund the new businesses startup cost for innovative and feasible business concepts generated through the TeamStart - Palestine Program. Building on that well proven PICTI core methodology and bringing added benefits from its association with UWSP and MercyCorps as well as a network of professional advisers an