SLEIDSE PROJECT (2016) Progress & Perspectives

SLEIDSE PROJECT ( 2016 )

Progress & Perspectives

OECD WORKSHOP: SME DEVELOPMENT STRATEGY IN LIBYA

Mohamed Alaswad

Tunis – 8 -12- 2016

Support Libya Economic Integration, Diversity And

Sustainable Employment Program Is An EU- Action. Co-funded

and Implantation by Expertise France

Objectives :

- Economic recovery and job creation

- Improving the business environment including access to finance

- Defining a plan to foster economic diversification

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SME’s Eco -System

Institutional

( Legal, Polices

& Institutions ) Entrepreneurship Culture , education & Skills Development

Incentives and Public support

+ Incubation

Access to Finance

Market Creation

& PPP

Economic Information

System

Infrastructure

( incubators, Industrial zones & clusters)

Business Diplomacy

SME’s ECO- System

12-Dec-2016 3 Mohamed Alaswad

The aspiration survey has been carried out and is very instructive.

The on-line course for entrepreneurs is available since October 25th on

the platform and registered as of today 800 participants.

Cooperation with Libya Enterprise has lead to 2 training sessions for

over 30 staff

A working group on access to finance has been set gathering key

economic players in Libya to work toward the establishment of a SME

Credit Guarantee.

The programme is driving a community on Facebook of more than 3300

people eager to engage in the entrepreneurship route

Major outcomes and achievements so far

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http://libyantradeacademy.org/welcomelibyan.php

Focus: Study youth aspirations survey

Libyan youth are strongly attracted towards entrepreneurship (71%)

Public sector does not attract a majority of young workers anymore, 47%

of the active population compared to 53% in the private sector

Although the total entrepreneurial rate is high, actual companies created

remain small and mostly informal

Unemployment for the 16-34 category reaches 24% as a percentage

particularly the youth aged between 20 and 29 with an unequal

distribution: 46% of women are unemployed compared to only 13% of

males

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Online learning for entrepreneurs

Partnership with ITC to develop an on-line course to sensitize

Entrepreneurs. The course is in Arabic and customized to Libya. It is

accessible 24/7 and free of charge. Libyantradeacademy.org

12 Libyans institutions are already partnering with us to run in-class

trainings. 16 trainers were trained in October to run these classes.

To date, we are accounting 1010 enrollments 250 certified completion.

A press release has been jointly carried out with ITC. The sponsored

ad on Facebook has reached more than 54 500 people and has

generated more than 7 500 reactions and comments

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The Libyan Trade

Academy Supporting Libyan entrepreneurs through practical training

Libyantradeacademy.org

www.libyantradeacademy.org

دولة ليبيا

المؤتمر الوطني العام

مجلس التخطيط الوطني

اإلستراتيجية الوطنية

للمشروعات الصغرى والمتوسطة

2013يوليو

دولة ليبيا

المؤتمر الوطني العام

مجلس التخطيط الوطني

اإلستراتيجية الوطنية

للعلوم والتكنولوجيا واإلبتكار

2014يونيه


P0 6314 - Libyan Private Sector

Development Institutions (LPSDI)

Baseline M&E Data: Libyan

Jobseekers


Youth Motivations to Employment

Inception Report Prepared by Altai Consulting for | Libya –

Future Box


Entrepreneurial Dynamics in

Libya

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Source: Reports of GEM Libya 2014, Alti 2016 and OECD 2016

The most problematic factors for doing

business In Libya ( 2014) ( OECD Report 2016)

Factors Indicator

Government instability/coups 82 %

Political instability 78%

corruption 78%

Crime and theft 66%

Policy uncertainty 58%

informal economy 56%

Access to financing 56%

Inadequately educated workforce 56%

Inadequate supply of infrastructure and Land 54%

Poor work ethic in national labor force 50%

Foreign currency regulations 48%

Inefficient government bureaucracy 30%

Restrictive labor regulations 25%

Water, electricity, transport and communication 25%

Inflation, Tax regulations and Tax rates 25%

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SME Trade Academy

participant locations

The 1st course was launched in April 2014


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12-Dec-2016 16

Results to date

1010

participants

all over

Libya

250

certified

Sirte

Bani Walid

Jalu

Kufa

Zawiya


Results to date

44 locations

Lead by:

• Tripoli

• Misrata

• Benghazi

• Zawira

• Gharyan


Supporting Libya Enterprise

30 staff of Libya Enterprise over 2 sessions were trained in Tunisia on

business case management, accounting and finance to better

accompany MSMEs.

A Business Plan Contest is being jointly organized with Libya Enterprise

to select the 10 best business ideas (5 men and 5 women) which will

compete during a final in Tunis, where European, Tunisian and Libyan

companies will award the 3 most promising with prize money.

A strategic workhop to brainstorm the positionning of Libya Enterprise

within the Libyan BSOs landscape will take place in Paris in December

with a MSME expert and a communication Expert

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Access to finance.

Setting-up of the working group on access to finance which includes key

economic stakeholders in Libya along with international experts,

The first meeting took place in Tunis and gathered more than 60 persons

including Libyan public and private banks, the Central Banks, MoE, Libya

Enterprise, regional banks and credit guarantee funds, private sector

representatives, the OECD, the WB, and BPI France.

Large media coverage and TV broadcast,

Next meeting is planned on December 15th, with libyan Central Banks and

public/private banks. The expertise is brought by BPI France.

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• Support Creation of EU- Libya Trade center

- EF Contracted with Global cool and the report will be

delivered by Feb.2017

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Lessons learned

The youth in Libya is eager to move forward and find a decent job, although

opportunities are lacking for now;

The online approach is working, even with limited interned speed;

Further effort on disseminating the entrepreneurship culture is needed to

overcome the social perception of being an entrepeneur.

Coaching mechanisms and technical assistance services for start-ups and

MSMEs are not commonly known and would need to be developped.

Existing SMEs are despertly in need of capital and/or investment. Possibilities to

get funding through classical financing tools are almost non-existant

The existing business environment severly hinders the development of a sound

private sector.

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Preliminary strategy for 2017/2018

1. Focus on providing the youth with self-employment opportunities

and in disseminating the entrepreneurship culture

2. Support the development and the establishment of Business

Support Centers

3. Work toward a better access to finance MSMEs and start-ups

4. Improve the overall business environment in focusing on public

policies

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Thank You

12-Dec-2016 24

SLEIDSE PROJECT (2016) Progress & Perspectives

Government & Nonprofit

Transcript of SLEIDSE PROJECT (2016) Progress & Perspectives