96 New Companies, Organizations Benefited from Jordan Growth Programme Incentives in 2024

Amman: The Ministry of Digital Economy and Entrepreneurship announced the names of 96 new companies and civil society organizations that benefited from Jordan Growth Programme incentives during the year 2024.

According to Jordan News Agency, the incentives aim to support business development, build competencies, and enhance freelance platforms with a total value of JD7.868 million, within the World Bank-funded "Youth, Technology and Jobs" project. During the announcement ceremony, Minister of Digital Economy and Entrepreneurship, Sami Smeirat, affirmed that the ministry is "constantly" working through the project to support companies and organizations in the technology field, or using technology in their operations, to grow and expand the scope of their activities and provide new job opportunities.

Smeirat pointed out that a total of 166 companies and civil society organizations benefited from the three incentives of the Jordan Growth Program-Competencies Programmes, Business Development, and Freelance Platforms. The Youth, Technology, and Jobs project has so far supported 102 startups and contributed to providing 3,276 new income opportunities, including 1,702 opportunities for Jordanian women and 107 others for Syrians.

The ministry also announced the official launch of the "Intermediaries" Incentive, a program designed to assist organizations supporting Jordanian startups and help their expansion and growth in regional and global markets. Smeirat added that the new "incentive" aims to enable Jordan's business incubators and accelerators, consulting firms, and professional intermediaries to support Jordanian digital entrepreneurs in their expansion into the markets of Gulf Cooperation Council countries, European Union, and United States of America.

These "intermediaries", he noted, would help startups secure investments and build business partnerships with clients, partners, and financiers in these "major" markets, thus enhancing their growth and prosperity opportunities.