iPARK Background

BACKGROUND

The HCST initiative to establish iPARK ICT Business Incubator stems from the belief that Incubators offer a great added value for Jordan as resources of support for start-ups and early-stage companies are scarce and entrepreneurs with experience in developing technology businesses from scratch are rare.

Additionally, the ICT opportunity offers great potential in Jordan and the Arab world as land grab is still going on for even the simplest business models.

background

In line with its objectives and its framework of activities, the HCST has identified business incubators and in particular Information and Communication Technology (ICT) Business Incubators as a key mechanism towards supporting the technological innovation and activity in the country by providing a conducive environment of support and facilities for technology start-ups and SMEs in the country.

To that extent, the HCST has allocated a state of the art building, fully equipped with communications and networking facilities, furniture, IT equipment and logistical support services towards establishing an ICT Business Incubator in Amman. Ideally situated at the Royal Scientific Society campus, this building is in close proximity to educational communities such as Princess Sumaya University for Technology, University of Jordan and enjoys access to logistical, technology, and development resources of the Royal Scientific Society.

To see some statistics about the iPARK click here

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