Program Overview
This program is designed for Jordan and is inspired by actual experience. It aims to solve challenges and mismatches between the demand side and the supply side in terms of deal readiness versus investor requirements. In other words, it aims to bridge the gaps between available deals and existing investors while developing efficient, significant and sustainable businesses and investment pipeline in Jordan.
Touchdown has two main tracks
Investment Readiness Track: Prepares startups for U.S. entry through specialized training and mentorship, covering business planning and growth strategies.
Business Development Services (BDS) Track: Offers grants of up to USD 10,000 to support expansion needs for startups completing the Investment Readiness Track.
Startups also participate in a six-week U.S. residency, gaining mentorship, networking opportunities, and introductions to potential clients and investors.
Program Outcomes
The Touchdown Program has empowered Jordanian startups with the skills and resources needed to succeed internationally. Key achievements include:
Successful Soft-Landing: 16 Jordanian startups established a foothold in the U.S., showcasing the strength and potential of Jordanian entrepreneurship.
Financial Support: A total of USD 160,000 was disbursed as grants, providing startups with the means to navigate their early stages of expansion.
Strategic Partnerships and Milestones:
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- Conducted 1 pilot project to test the startups’ viability in the U.S. market.
- Formed 6 partnerships with key stakeholders.
- Signed 4 Memorandums of Understanding (MOUs) to formalize relationships.
- Achieved 1 acquisition, marking a significant milestone for the program and participating startups.
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