About The Islamic Development Bank (IsDB)
The Islamic Development Bank empowers individuals, communities, and nations across 57 member countries. Through collaborative partnerships and innovative financing, it fosters sustainable development and supports economic growth. IsDB ensures transparent procurement processes and advocates for public procurement system reforms to enhance efficiency and reduce poverty.
Target: 1965
Reach: 2398
About Spark
Spark empowers young people in fragile communities, fostering peace and stability. We provide education, employment, and entrepreneurship opportunities, collaborating with local partners to tailor programs to each community’s needs.
About the program
The Islamic Development Bank (IsDB) and the Abdul Aziz Al Ghurair Refugee Education Fund are funding a two-year US$10 million initiative with SPARK, an international non-governmental organization, to support refugees and vulnerable communities in Jordan and Lebanon. The IsDB, as an AAA rated multilateral development bank that works to promote social and economic development and the Abdul Aziz Al Ghurair Refugee Education Fund have developed a 2-year regional program with SPARK that aims to support the “Skills Training Education Program” (STEP) in Jordan and Lebanon. The program aims to skill up entrepreneurs, modernize existing curricula, connect participants to the labour market, create sustainable jobs and offer training and internship placements, among many others. It’s expected that at the end of the project, many participants will have started their businesses, SMEs have scaled up and men and women are equipped with market-relevant technical skills through training.