The growth of startups in Algeria: What role of National Agency for Support and Development of Entrepreneurship?
Journal: Journal of Economic Growth and Entrepreneurship (Vol.4, No. 8)Publication Date: 2021-11-12
Authors : Seif Eddine Boumenad;
Page : 9-15
Keywords : Entrepreneurship; Innovation; Young entrepreneur; Startup; Microenterprises; NASDE;
Abstract
The present sheet is devoted to testify on the efforts of the Algerian state in relation to the promotion of entrepreneurship and the support of Algerian startups, the figures presented show that an average of 45 projects are financed per day, 66% of the projects financed are young people from vocational training, as well as 18% of the projects financed are university students. We also observe that 65% of funded projects have an investment amount of less than 5 million dinars, female entrepreneurship was presented by 14% of funded projects for women, and 92% of funded promoters are under 35 years. 02% of projects are funded in extension.
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Last modified: 2021-12-24 02:11:00