You are here

21 digital companies receive support from ‘Jordan Growth Programme’ — Hanandeh

By JT - Jul 29,2021 - Last updated at Jul 29,2021

AMMAN — The Ministry of Digital Economy and Entrepreneurship on Wednesday announced the names of 21 companies that have benefited from the “Jordan Growth Programme” (Businesses Development).

The programme offers grants of up to $100,000 to companies working in the Jordanian digital sector. The grants cover 50 per cent of the costs of their plans to develop their businesses and export their products to new markets, the Jordan News Agency, Petra, reported. 

During the ceremony to announce the winning companies, Minister of Digital Economy and Entrepreneurship Ahmed Hanandeh said that the ministry signed agreements with the companies who will benefit from the programme’s incentives.

Hanandeh called on the digital companies to make the “best” use of the incentives to expand and develop their businesses in the local and foreign markets, which would provide new job opportunities for Jordanian youth.

He stressed that the ministry will follow up on the beneficiary companies to ensure the achievement of the programme’s goals, based on its role as an enabler of Jordan’s digital economy and a supporter of digital companies to increase their contribution to the national economy and provide job opportunities.

The minister noted that the programme provides grants and incentives to Jordanian digital companies to help connect them with potential clients and partners in regional and global markets.

The programme also seeks to secure new contracts in new regional and international markets such as the Gulf Cooperation Council, Europe, China, India and the US, in a bid to create job opportunities that can contribute to reducing poverty and unemployment rates in the Kingdom, he noted.

Deputy British Ambassador to Jordan, Richard Moon, said that the UK is pleased to work alongside the ministry and the World Bank through its support of the Youth, Technology and Jobs project.

Ali Abu Kumail, regional private sector specialist at the World Bank, said that the programme is a main activity under the World Bank-financed Youth, Technology and Jobs project that offers facilities for soft finances.

8 users have voted.


Get top stories and blog posts emailed to you each day.