The Palestine for Development Foundation (PsDF) is PIF’s arm for social investment.
PsDF initiates and supports initiatives designed to positively impact Palestinian society, in areas such as education, economic development, capacity building, youth empowerment, innovation, and entrepreneurship. Established in 2014 as a non-profit organization, PsDF maintains an active portfolio of projects from Jerusalem to Lebanon and beyond.
PsDF has a number of active projects which seek to develop and support Palestinian communities. These projects drive innovation, alleviate economic circumstances, and contribute to the creation of a sustainable, knowledge-based economy.
Grants and Donations: PsDF provides grants and donations to organizations and small businesses in the fields of education, healthcare, pottery, and more. These philanthropic initiatives are directed generally toward groups that support individuals with special needs, organizations that work in the health sector, and groups that respond to emergencies, natural disasters, or conflict.
Jerusalem Grant Facility: The Jerusalem Grant Facility is an initiative which seeks to strengthen Palestinian small- and medium-sized enterprises operating in Jerusalem. The program was launched in 2014 in partnership with the European Union. Since its inception, the facility has provided grants to Jerusalem-based SMEs operating in tourism, manufacturing, agriculture, trade, and information technology.
The Youth Program: The Youth Program seeks to empower Palestinian youth by providing them with the skills and support they need to succeed in a knowledge-based economy. The program began in 2014 with a focus on entrepreneurship, providing mentorship and training to students seeking to launch their own start-ups. The program continues through today, with students in the 2016-2017 programs receiving guidance and support to help them fund their entrepreneurial ideas.
Economic Empowerment Program for Palestinian Refugees in Lebanon: This program provides microfinance services to entrepreneurs in Palestinian refugee communities in Lebanon, helping to improve their standard of living and make a liveable income. The program aims to reduce Palestinian refugees’ reliance on external aid and create economic stability for families. To date, the program has provided Palestinian refugees with access to around $2.30 million in micro-financing.
To learn more about PsDF, visit their website.