Jordan12 – Entrepreneurship Enablement & Development Program is funded by the Innovative Startups and SMEs Fund (ISSF) and implemented by iPARK, Impact MENA and ConsultUs.
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.
Jordan12 has two tracks
Investment Readiness (IR) track, where participants will receive specialized capacity building activities, coaching and growth planning support.
Business Development Services (BDS) track, which will give participants access to a grant, up to USD 20,000, that will cover services provided by verified service providers in order to achieve milestones and KPIs needed for the selected applicant’s growth.
Applicants that successfully complete the Investment Readiness (IR) track are eligible to apply to the Business Development Services (BDS) track.
Program Outcomes
Jordan12’s Entrepreneurship Enablement & Development Program has successfully completed 12 waves, delivering impactful support and resources to Jordanian entrepreneurs. Below are the key outcomes of the program:
Number of entrepreneurs trained in the Investment Readiness (IR) track: 634 entrepreneurs
Number of companies that received grants: 81 companies
Total amount of grants disbursed: USD 1,423,234