The development objective of the Second Innovative Private Sector Development for West Bank and Gaza (WB and G) is to improve economic opportunities for tech enabled startups and innovative small and medium-sized enterprises (SMEs), and individuals in the digital economy in the (WB and G). The project comprises of three components. The first component, entrepreneurship ecosystem development aimed at transforming the entrepreneurship ecosystem in (WB and G) through a series of innovative interventions, some of which were piloted in the WB and G under the innovative private sector development (IPSD). It consists of following sub-components: (i) improving market linkages to Arab communities in regional and international entrepreneurship ecosystems (Nexus); (ii) developing a dynamic startup finance ecosystem; and (iii) improve government to business services - implementation and enhancements to the automated business registry system. The second component, building an outsourcing hub in Gaza and the West Bank will continue the engagement initiated under IPSD to establish an impact business and outsourcing hub in Gaza and the West Bank. The third component, project management and implementation support will finance project management costs and capacity building for the Ministry of National Economy.