Empowering Local Businesses for Sustainable Growth

A new initiative by the United Nations Development Programme (UNDP), funded by Germany through KfW Development Bank, and implemented in partnership with Fair Trade Lebanon, is set to empower small and medium enterprises (SMEs) across Lebanon. The project aims to drive economic diversification, foster sustainable business practices, and support entrepreneurship through targeted training, financial aid, and personalized coaching. 

The project focuses on supporting 50 startups and SMEs at various stages of development, providing tailored training, financial support, and one-on-one coaching to equip businesses with the tools they need to grow and thrive. With a special emphasis on gender inclusivity and support for vulnerable groups, the initiative is designed to create resilient business ecosystems that contribute to broader economic stability and social progress. 

Key Benefits and Impact: 

• Customized Training: Each business will receive training designed to meet its specific needs, whether they are in nascent, advancing, or mature stages. 
• Financial Support: Grants will be provided to help startups and SMEs scale operations, develop new products, and overcome market challenges. 
• Personalized Coaching: Ongoing mentorship and strategic guidance will empower businesses to achieve sustainable growth and navigate obstacles effectively. 

This project marks a significant step toward fostering economic empowerment and strengthening community resilience. Stay tuned for updates on inspiring  success stories and milestones from this impactful initiative, which continues to support Lebanon’s entrepreneurial spirit and sustainable development goals.