This revolution has not only changed the way people communicate and share information, but also the way they do business. As a result, new businesses, business sectors and business modalities have emerged in what became known as the knowledge economy. The Village is a pioneering initiative that addresses youth unemployment in the context of the adverse business environment in Palestine through hos
ting and providing support to start-ups in knowledge based industries led by young entrepreneurs. The Village capitalizes on the potential of outsourcing in the knowledge economy in creating sustainable businesses through providing a diverse set of business related services and linkages with regional and international clients. By offering a variety of on-site business resources and services, during the critical stages of starting a new business, The Village contributes to reducing the cost for young entrepreneurs, expanding their chances of success and providing a protective and supportive environment conducive of their growth. The Village was made possible through a generous grant from the Welfare Association’s Youth Employment Program.