SLEIDSE programme and Libya Enterprise, the national business support organization in Libya, open a business plan competition for entrepreneurs in Libya until the 26 March 2017 to promote the creativity and innovation of businesses in Libya.
The business plan competition is a nationwide event, which takes place in all part of Libya in order to promote creativity and innovation among businesses in the country. It is not only open to micro, small and medium enterprises, but also to future entrepreneurs like students: its objective is to spot talented entrepreneurs and give them strong support to develop their ideas.
Young entrepreneurs are invited to post their business ideas on www.sme.ly until 26 March 2017; they will be assessed and scrutinized by a jury composed of experts. 10 of the applicants will then be invited to pitch their business plans in front of a large audience composed of professionals, international businesses, media and high-ranking officials during a ceremony on 11 May 2017 in Tunis. These ideas will be evaluated in terms of viability and potential economic success, but also in terms of socio-economic impact on communities in Libya.
In organizing such an ambitious event, SLEIDSE programme and Libya Enterprise not only reward talented entrepreneurs with prizes amounting to 15,000 LD; through training and capacity building, they also aim to support business talents flourish in Libya with far-reaching consequences in terms of economic development, diversification and employment. Therefore, they plan to organize other sessions if this competition turns to be successful.