At Innovety, we create end-to-end socioeconomic development programs that deliver measurable results for people and economies.
We design skill development programs so public sector institutions can deliver better services, youth and women can access decent work or start their own businesses, and MSMEs can scale into new markets.
This isn’t abstract development, it’s about delivering:
Socioeconomic development is the process of improving both the economic and social conditions of communities. It goes beyond GDP growth to address education, healthcare, job creation, and inclusive opportunities. At Innovety, we see it as building systems where youth, women, and MSMEs can access skills, markets, and resources — creating stronger economies and more equitable societies. Without it, countries risk high unemployment, limited innovation, and widening inequality.
The most powerful drivers include education and skills development, healthcare access, infrastructure, entrepreneurship support, and social inclusion. When these areas improve, people gain employability, businesses grow, and governments can deliver better services. For example, digital transformation and export readiness are now critical factors shaping competitiveness. Innovety designs integrated programs that connect these drivers to deliver measurable impact.
By creating opportunities for decent work, entrepreneurship, and skills-building, socioeconomic development directly addresses the root causes of poverty. It also ensures that women, youth, and marginalized groups are not left behind. For instance, micro-enterprise training, digital tools, and market access initiatives give vulnerable populations pathways to sustainable income. This translates into reduced income gaps and stronger, more resilient communities.
Education and skills training are the backbone of socioeconomic progress. Future-ready skills — from digital literacy to entrepreneurship — allow individuals to secure jobs or create their own businesses. Innovety partners with governments, universities, and NGOs to co-design learning pathways that match employer demand, preparing youth and women for meaningful participation in the labor market. This creates a skilled workforce that drives both innovation and inclusive growth.
Sustainability ensures that development today does not compromise future generations. Green innovation, climate resilience, and ESG-aligned programs strengthen both economies and communities. For example, adopting circular economy models or clean energy solutions not only creates new jobs but also protects natural resources. Linking socioeconomic development with sustainability enables countries to align with the UN Sustainable Development Goals (SDGs) while driving long-term competitiveness.
Effective programs include youth employability initiatives, startup and MSME support, incubator and accelerator development, digital adoption, and export readiness strategies. At Innovety, our work has ranged from building public sector capacity to designing digital platforms that expand market access. Each program is evidence-based, co-created with stakeholders, and focused on measurable results such as job creation, revenue growth, and social inclusion.
Economic development focuses primarily on financial growth, investment, and industrial expansion. Socioeconomic development, on the other hand, integrates the social dimension — ensuring that growth is inclusive, equitable, and sustainable. This means prioritizing education, healthcare, and social equity alongside business competitiveness and market expansion. In short: economic growth is about numbers; socioeconomic development is about people and prosperity together.
Turning Challenges into Opportunities for Growth.
Through the GROWIT initiative, Innovety supported SICO Technology to enhance its innovation capacity and improve business operations. The aim was to strengthen product development processes and equip teams to expand into international markets.
Following a skills and innovation readiness assessment, Innovety delivered customized training in product design, lean innovation, and idea generation. The approach addressed SICO’s unique needs and focused on embedding innovation into operations.
As part of the GROWIT – MSME Support Project, Innovety partnered with Alfa Electronics to improve operational efficiency and build innovation capabilities. The goal was to equip Alfa with tools and strategies to strengthen processes, foster innovation, and align with global best practices—positioning the company for sustainable growth and entry into international markets.
We conducted a needs assessment and innovation audit to identify operational gaps and opportunities. Based on these insights, we delivered customized training on innovation management, structured idea generation, and process enhancements. Innovation was embedded into Alfa’s core functions, enabling scalable growth and readiness for international expansion.
Innovety partnered with ESRI (Northeast Africa) to strengthen its internal innovation capacity and optimize business processes. The project aimed to enhance ESRI’s ability to integrate innovation into its operations, with a focus on improving workflows and increasing overall competitiveness in international markets.
Innovety designed and delivered tailored training programs covering Lean Innovation, Product Design, and Innovation Management. These sessions provided practical tools and frameworks to embed innovation into ESRI’s day-to-day workflows, supporting operational improvements and fostering a more structured approach to innovation within the organization.
The Industrial Innovation Program, developed for Oman’s Ministry of Commerce and Industry, aimed to build the innovation and commercialization capacities of industrial entrepreneurs with early-stage product concepts. The goal was to equip them with the knowledge, tools, and market insights to bring their products to market.
Innovety delivered a two-phase training program combining in-person workshops and mentorship. The first phase focused on ideation, business concept development, and product innovation. The second phase centered on preparing commercialization-ready concepts, developing business cases, and validating them through digital campaigns.
This program, delivered under EiTESAL’s EBNI incubation initiative, aimed to prepare IoT hardware entrepreneurs for incubation. It focused on validating early‑stage ideas, strengthening business foundations, and assessing team readiness for the first incubation cycle in Alexandria.
Conducted an innovation readiness assessment to identify team and skill gaps. A tailored bootcamp was delivered to 14 teams, providing hands‑on training in industry analysis, innovation fundamentals, business modeling, marketing, financial planning, and pitching. 8 shortlisted teams received follow‑up coaching to refine their commercialization strategies and prepare for incubation.
In partnership with the Amman Chamber of Industry, this program aimed to enhance innovation capabilities, digital marketing strategies, and R&D practices for industrial businesses. It targeted business owners, CEOs, and R&D managers to foster growth, competitiveness, and market expansion.
Innovety designed and delivered a capacity-building program covering innovation fundamentals, product and packaging innovation, e-commerce, and digital strategies. Engaged diverse participants—from business owners to R&D managers—to ensure organizational-level transformation. Worked closely with top management to develop actionable growth and innovation plans tailored to their business needs.
Through the World Bank’s Mashreq Gender Facility, this project supported 50 women-led MSMEs in Jordan to enhance export readiness, strengthen e-commerce capabilities, and access international markets. It also aimed to build a network of 20 Business Advisors to mentor SMEs and foster sustainable growth in high-potential sectors like apparel, agri-food, and jewelry.
We identified promising export sectors, set eligibility criteria, and selected 50 MSMEs and 20 advisors. Training covered export readiness, trade agreements, e-commerce, and logistics, complemented by capacity-building workshops for advisors. Tailored coaching produced export action plans, while matchmaking events connected MSMEs with international buyers.
Launched in Oman by the Omani government in partnership with Innovety, this program aimed to boost innovation in the food and beverage sector. It focused on building the capacity of SMEs in product development, food safety, packaging, and commercialization. The program sought to help businesses validate their ideas, adopt sustainable practices, and improve competitiveness in local and international markets.
We designed and delivered a five-phase program on innovation strategy, food safety, manufacturing and packaging technology, and commercialization. Over 14 days of training, participants received hands-on coaching to refine business models, adopt international standards, and test market-ready products through validation exercises and mentorship.
In partnership with Oman’s Industrial Innovation Center, this program strengthened innovation capacity in the food and beverage sector. It targeted producers in beverages, dairy, meat, dates, and spices, aiming to drive creative product development, unlock new market opportunities, and optimize processes for competitive growth.
We introduced the innovation pipeline framework, combining opportunity mapping with sector-specific insights. Interactive sessions guided participants through product development, sustainable value chains, and business model design—refining revenue streams and value propositions while embedding best practices in innovation management.
ICT Qatar engaged Innovety to support a pool of technology-focused startups by strengthening their business foundations and entrepreneurial capabilities. The objective was to provide targeted training and coaching to help entrepreneurs develop their business models and plans, improve financial planning, and build awareness around intellectual property (IP) protection and commercialization readiness.
We conducted a full innovation readiness assessment, identified market expansion opportunities, and designed a tailored innovation strategy. This included specialized training for startups, entrepreneurship masterclasses, and coaching to embed business model innovation and ensure sustained growth.
