JADE: Jordanian Action for the Development of Enterprises

JADE: Jordanian Action for the Development of Enterprises

JADE is creating a systemic change in the enterprise ecosystem by supporting the development of an inclusive and innovative private-sector that ultimately leads to economic growth and development across Jordan. It supports capacity building initiatives to help portfolio companies better understand their industry and connect to possible partners, experts, and customers around the world. 

The project has shown remarkable improvement in the technical and business capacity of SMEs and startups in the sectors of tourism, plastics and rubber, electronics, cosmetics and chemicals, innovative industries, and others. Around 100 SMEs have been able to increase their revenues and exports, and about 60 startups have grown and received investments. Furthermore, JADE has increased the capacity of 5 incubators to provide enhanced services to entrepreneurs. It has also connected incubators and other business associations in different sectors with around 30 business development service providers through the voucher system of BOOST. 

 

Duration

January 2017 – March 2021

Country of implementation​

Jordan

Client

European Union

Budget

€5m – €10m