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The Business and Economic Research Center (BERC) is an applied research center that shall be based in Ramallah city and affiliated to Al-Quds Open University (QOU). The center shall be fully dedicated to producing sound, innovative policy research that aims at fostering business, economic, and socio-economic development in Palestine. The center will be located at one of the premises owned or rented by QOU in Ramallah city.

The center will be initially funded by grants from the EU through ERASMUS + program but later will be self-sustained through various research and training activities and consulting services conducted by the center itself. The center will also be partially funded by interested donors, in addition to QOU budget, as QOU leadership has shown complete dedication to funding the activities of the center when needed.