بريف
Business Resilience Assistance for Value-adding Enterprises (BRAVE) project was designed and funded under a joint IsDB-ICD collaboration to combine value chain design principles, grant-matching scheme concepts, and banking practices within an integrated framework. This project was created in response to in-conflict challenges for the private sector, with a key focus on selected sectors (e.g. fisheries, agribusiness, food processing, healthcare, and garments).
BRAVE went against conventional interventions to address the immediate needs that private sector agents – in particular, SMEs – require to maintain their businesses or repair damaged capital goods.
Traditionally, aiding areas in conflict or in post-conflict conditions involves strict processes: conflict ending, peace negotiations, political dialogue, infrastructure (re) building, and soft assistance. Though these interventions offer the promise of their own, they often fail to address the urgent requirements of private sector businesses.
There are 5 components of BRAVE set up to deliver its objective:
BENEFICIARY STORY
BRAVE inspired confidence to expand
Ibb governorate included many displaced people from the governorates of Al Dhale’e, Al-Hudaydah, Lahj, and Taiz. Previously, Elham said, “nothing encouraged us to invest in another place or even to consider opening another branch, but BRAVE project did encourage us to open a new branch in Ibb, and we did.” The firm matched the US$50,000 grant it received to set up in Ibb. “I call for all the organizations and the government to support the private sector,” Elham said. “The private sector and the public sector complete one another.” Watch heart-warming stories of the powerful support given to BioMove: A stitch in time for clothing companies
Al Ameer Menswear and Textiles, based in Aden, also benefited from BRAVE support, through both training and a grant. “When we attended the business continuity training, we learned how to define and mitigate the risks and overcome any challenges in the conflict context,” said owner Mouneer Al-Ameer. With the help of the consultant from SMEPS, Mouneer was able to draw up a plan for expansion. “Frankly, BRAVE was the right partner for success and resilience in such a situation.” The grant helped the firm to add a new production line to develop a new product, new colors, and target the markets in the Kingdom of Saudi Arabia and the United Arab Emirates. “We used to produce about 1,000 pieces per week, and currently we produce 1,000 pieces per day,” Mouneer said. Watch the story of Al-Ameer Tailoring Factory Download the latest Report to know more CLICK HERE |