On Friday, November 6, the Foundation Mohammed V for Solidarity continued the implementation of its Economic Integration through Economic Activities Program (PIAE) with an official ceremony to hand over professional equipment to 92 project leaders supported in the region of Guelmim-Oued Noun.
Several days after launching the second class of the Center for Very Small Solidarity Businesses (CTPES) in Oujda, the Foundation continued its economic integration project benefitting young people in Guelmim. The event, which took place on the same day as the commemoration of the 51st anniversary of the Green March, welcomed its third class of PIAE project leaders to be supported since the program began at the regional level in 2019.
This new class includes 92 young entrepreneurs and leaders, including 20 women, of income-generating activities (IGAs). Their projects which are currently being established or recently launched, cover several activity sectors: services related to building and public works (BTP), audiovisual, cutting and sewing, hairdressing and aesthetics, ecotourism, metallurgy, and crafts. Among the initiatives, 64 fall under IGAs and 28 under very small enterprises (VSEs). The projects are spread across the four provinces in the region: Guelmim (35), Sidi Ifni (23), Tan-Tan (21), and Assa-Zag (13). Nearly 22% of the activities are located in rural areas and 48% of the projects are in the formalization phase.
The handover of equipment comes at the end of the beneficiaries' preparation process, which includes the review and selection of files, the evaluation of projects by competent committees, as well as pre-creation training integrating the development and presentation of a business plan. The awarded professional equipment and materials is defined according to the nature of each activity and the identified needs for each project. This equipment provides project leaders with the necessary means to launch or develop their initiatives.
The acquisition of the equipment is supported with a granting budget of 7.18 million dirhams from the Regional Council of Guelmim-Oued Noun and the National Agency for the Development of Oasis Zones and the Argan Tree (ANDZOA). The program also benefits from the partnership of the Office of Vocational Training and Work Promotion (OFPPT) and the National Agency for the Promotion of Employment and Skills (ANAPEC), which contribute to the training and support of project leaders.
These grants launch an 18-month support phase combining personal mentoring and training. The support phase aims to strengthen the beneficiaries' entrepreneurial skills, consolidate the management of activities, and promote sustainability, ensuring better inclusion of young people and the strengthening of the local economic fabric.