The ARC program aims to build market resilience for private sector SMSE’s and increase job creation for self-employed women and men, thus creating sustainable income-generating opportunities for vulnerable populations.
Lebanon: in Beirut and Mount Lebanon.
The Lebanese economy has suffered from a volatile security situation, falling consumer confidence and consumption, decreasing investments and dwindling tourism. This is compounded by high unemployment rates, a prevalence of low-quality jobs and the inability of local companies to compete internationally. In addition, the government has been unable to provide adequate employment opportunities, resources and infrastructure for the high numbers of Syrian refugees in the country.
Funded by the Dutch foreign ministry, ARC works with individuals, Social Development Centers and micro, small and medium enterprises (MSMEs), including artisans. It provides business coaching and counseling and connects them to investors and business development services. This support will eventually help them hire new employees, thus extending economic opportunities to vulnerable communities. ARC also trains self-employed men and women in professional etiquette and conflict mitigation, financial management and business plans.
Results so far
So far, ARC has funded these MSMEs: The Bees Treasure, Little Reed, Deghre Messenger SAL, Mamas App, and Tafasil. At its first networking event in February 2019, these companies were presented to investors and accelerators including BankMed, BBAC, and KAFALAT, amongst others. Business service providers were also present, including Neopreneur – a local service provider for the ARC program.
Period and budget
2017-2019, € 732,509.00
Netherlands Ministry of Foreign Affairs (donor), implemented by the Alliance 2015 Partnership, represented by ACTED, Cesvi, Concern and Hivos in Lebanon.