Small and Medium Enterprise Assistance for Recovery and Transition (SMART) Activity

Background
The Small and Medium Enterprise Assistance for Recovery and Transition (SMART) Activity aims to rapidly recover the Palestinian small and medium enterprises (SMEs) and put them on a path to revitalization following the unprecedented COVID-19 crisis. SMART will help SMEs regain productivity, grow, and expand. It will promote economic growth and self-reliance in the West Bank and Gaza.

Grant Details
The activity consists of two main objectives with a cross-cutting objective: Objective 1: Palestinian start-ups and SMEs recover and get back to business and markets. Objective 2: Policy and Institutional Constraints to Competitiveness and Trade are eliminated. SMART will provide demand-driven, transactional, firm and sector-level support through packages of grants and technical assistance. The activity will focus on helping firms to recover, get back to work, increase their productivity and sales, identify constraints to selling more, and remove these obstacles to the consummation of business transactions.

Eligibility Requirements
Eligible parties interested in submitting an application are encouraged to read this NOFO thoroughly to understand the program sought application submission requirements and selection process. To be eligible for award, the applicant must provide all information as required in this NOFO and meet eligibility standards in Section C of this NOFO.

Place of Performance
The specific geographic location(s) where the grant will be performed is West Bank and Gaza.