RISE - Resilience and Innovation Support and Empowerment Project
The initiative strengthens the economic resilience of Yemeni entrepreneurs and micro / small business with a view of enhancing livelihood opportunities of Yemenis. The initiative further responds to the protracted crisis in Yemen, which requires the strengthening of livelihoods for the Yemeni people and a shift towards enhancing local capacities.
| Country/region | Topic | Period | Budget |
|---|---|---|---|
|
Yemen |
Employment & economic development
SME development
|
01.11.2023
- 31.10.2025 |
CHF 2’612’000
|
- 1’750 micro and 1’250 small enterprise owners who are interested in growing their businesses
- 500 entrepreneurs who have business ideas and wish to start their own projects
- 50% women / 50% male beneficiaries
- 24’500 indirect beneficiaries (family members, employees)
- Foreign private sector South/East
- Al-Amal Microfinance Bank; Al-Amal Foundation for Training and Entrepreneurship (REYADAH)
-
Sector according to the OECD Developement Assistance Commitiee categorisation INDUSTRY
Sub-Sector according to the OECD Developement Assistance Commitiee categorisation Small and medium-sized enterprises (SME) development
Aid Type Mandate without fiduciary fund
Project and programme contribution
Project number 7F10256
| Background | Yemen is in the ninth year of the current conflict and is going through a protracted crisis. Aid dependency has increased since the start of the crisis while the level of funding decreased steadily. A gradual shift towards more sustainable approaches and a focus on economic resilience, enhancing people’s livelihoods opportunities, and strengthening local capacities is central in the international response going forward. The private sector has shown remarkable resilience throughout the conflict and is a key resilience factor. Yemeni micro and small business provide employment for a majority of Yemenis and often struggle in terms of business development or access to finance. |
| Objectives |
Enhancing economic resilience of Micro and small enterprises through economic empowerment tools. Generating economic opportunities through cohesive and integrated entrepreneurial ecosystem. |
| Target groups |
Geographical coverage: Amanat Al-Asimah/Sana’a, Taiz, Aden, Hadramout, Hodeidah governorates |
| Medium-term outcomes |
Outcome 1: Micro- and small enterprises are empowered to grow and create employment, which ultimately leads to an economic contribution benefiting families and communities. Outcome 2: Promising, high-potential entrepreneurs are equipped and capacitated to generate income from entrepreneurship & self-employment, and experience improved livelihoods. |
| Results |
Expected results: Output 1.1: 3000 MSE owners accessed skills development and technical assistance, through training and consulting services Output 1.2: 3000 MSE owners accessed finance, through grants and interest-free loans Output 2.1: 500 entrepreneurs’ entrepreneurial mindset and capacities are developed for transitioning their ideas into businesses Output 2.2: 500 entrepreneurs accessed finance, through seed funding Output 2.3: An enriched, participatory and inclusive pipeline of 200 new, market-driven business ideas is rolled out in incubation program |
| Directorate/federal office responsible |
SDC |
| Project partners |
Contract partner International or foreign NGO Private sector |
| Coordination with other projects and actors |
WB multi-donor trust fund pillar on equitable economic opportunities and jobs Sana’a Center for Strategic Studies; EU/Silatech initiative with Al-Amal Bank and Reyadah Foundation (pipeline) |
| Budget | Current phase Swiss budget CHF 2’612’000 Swiss disbursement to date CHF 997’500 Total project since first phase Budget inclusive project partner CHF 2’612’000 |
| Project phases | Phase 1 01.11.2023 - 31.10.2025 (Current phase) |
