Policy Paper Calls for New Legal Framework to Boost Jordan’s Digital Entrepreneurship

Amman: The Siran Foundation for Development and Capacity Building, in cooperation with the Konrad Adenauer Foundation's Jordan Office, on Tuesday discussed a strategic policy paper titled "Enhancing the Resilience and Competitiveness of the Digital Entrepreneurship Sector in Jordan." The paper was unveiled as part of a joint project of the same name during a roundtable discussion attended by decision-makers, entrepreneurs, digital economy experts, business incubators, and representatives of civil society and international organizations.

According to Jordan News Agency, Director General of the Siran Foundation Mohammad Awad called for developing evidence-based legislative and procedural frameworks to support decision-making and align policies with national development priorities. He emphasized the urgent need for a Digital Entrepreneurship Resilience Index as a national, periodic, and dynamic tool to assess the performance and resilience of Jordan's startup ecosystem.

Awad explained that the policy paper is built around six key pillars, starting with the institutionalization of the proposed resilience index and the enactment of a dedicated startups law that adopts positive discrimination measures to support emerging businesses. The recommendations include introducing a simplified legal framework for startup companies through a new "Simplified Jordanian Shareholding Company" model with no minimum capital requirement, as well as replacing social security exemptions with a joint government guarantee system to help companies hire highly skilled professionals.

Veronica Ertel, Resident Representative of the Konrad Adenauer Foundation's Jordan Office, noted that the project offers an integrated framework of six pillars to enhance Jordan's competitiveness as a safe and sustainable regional hub for innovation-driven investment. MP Hussein Krishan added that the government is working to update laws and regulations to strengthen the entrepreneurship ecosystem and digital economy, with draft legislation being prepared to regulate investment funds and service providers while ensuring alignment with digital transformation requirements.

Mu'ayyad Alawneh, Chair of the Parliamentary Committee on Digital Economy and Entrepreneurship, highlighted the need to consider Jordan's unique economic and regulatory environment when comparing it with neighboring countries, emphasizing the Kingdom's supportive ecosystem for startup growth. Ziad Masri, Executive Director of Programmes and Projects at the Information and Communications Technology Association of Jordan (int@j), pointed out the "Startups Go" platform, which connects entrepreneurs with funding opportunities, support programs, and ecosystem partners.

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