40 Start-Up Companies with Investments of $ 180 Million

07-Jul-2019

Jordan's leading companies are able to attract investments with their unique products and services serving the local and regional markets, said Jaya Mohammed Al Shaker, Chairman of the Jordan Entrepreneurship and Creativity Association.

Al-Shaker said in a statement to Al-Ghad newspaper that a survey conducted by the association over the past few months revealed that 40 Jordanian startups have managed to attract local, Arab and foreign investments worth 180 million dollars over the past five years. This survey was conducted on the members of the Association of leading and innovative companies that provide services in different sectors," said Al-Shakir, founder of Tasjat Al-Arab.

He pointed out that this number of investments is great for a country such as Jordan. He pointed out that the number of members of the Association today is about 89 leading companies and innovative Jordanian, in various sectors and not only in the information technology sector.

Al-Shakir affirmed that Jordan is distinguished today by its human resources and the number of its leading companies in comparison to the size of the Jordanian market, and that the volume of investments attracted by the leading Jordanian companies during the past five years is great. Despite these advantages, Shaker hopes that the newly created Ministry of Digital Economy and Entrepreneurship will play an important role in this field.

He stressed that the Mashreq Technical Forum which was held more than a week ago in Amman in partnership between the Jordanian government and the World Bank was a great opportunity to present the ideas of Jordanian leading companies and network them with investors from around the world.

He explained that the member companies of the association are from the companies that started as ideas and emerging companies and later developed into different stages and successful and worked to make Jordan in the ranks of countries concerned with innovation and innovation in the Arab region and the world. Jordan is now known for entrepreneurship, information technology, creativity and export of services.

"The association includes an elite of Saudi entrepreneurs and entrepreneurs whose fields of specialization differ in different fields and sectors.. Their companies and projects have contributed to solving the root problems of the Kingdom or the region, and some of these projects have subsequently been launched into the Arab region and the world and have become regional models for Jordanian and Arab youth. 

Al-Shakir pointed out that the aim of establishing this association is to create a umbrella for all innovators and innovators and to be a platform for them to represent them both locally and with different governmental and private bodies or to represent them in international forums.

He pointed out that one of the most important pillars of the association among the associates; full transparency and assistance to each other at different stages, and partnerships with local and global bodies and the creation of supporters, and attract leading models and creative global companies and people inspired to speak to the leading members and leaders in the Kingdom, and held seminars and gatherings and discussion circles and workshops and workshops Educational.

"One of the objectives of the association is to reach out to international and local companies to enter into agreements to serve innovators and innovators, including but not limited to Amazon, and to promote media for entrepreneurs and creators through their presence in various forums and media," he said.

He added that the association will be a one-stop place to help entrepreneurs and innovators at different stages and holding workshops to help solve the problems of their projects by taking advantage of accumulated experience, attracting funding to create solutions to common problems of pilot projects and providing support for outstanding creative entrepreneurs.

At different stages, either through direct investment or voluntary grants. Jordan, which has a population of 3% of the region's population, represents 23% of business leaders in the Arab region, and Jordan ranks seventh in the Global Entrepreneurship Index in the year to 49, Ranked 50th on Global Competitiveness Index in just 3 years. 










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