Development corporation to launch projects to support local projects

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(Photo: JEDCO logo)

AMMAN — The Jordan Enterprise Development Corporation (JEDCO) will launch three programs to support various economic projects following the eid holiday, according to Ad-Dustour daily.اضافة اعلان

In a statement issued by the corporation, on Wednesday, the applications will be submitted electronically and will last throughout the year. The new programs include support for the establishment of new small and emerging projects, especially for young people in the governorates, in a way that matches the comparative advantage of each governorate.

JEDCO, with government funding, will make financial and technical contributions in the form of small grants for projects and ideas for individuals or start-up companies with economic feasibility. The projects must be able to provide elements of sustainability and employment to become an added value to the national economy.

More Jordanians will be encouraged towards starting their own projects to improve their quality of life and provide income for Jordanian families.

JEDCO will also announce electronically a program to support the marketing of products of Jordanian companies in various sectors for a period of one year from the date of signing the agreement. The project aims at providing technical and financial support for 20 companies with promising marketing and export opportunities to keep pace with international marketing methods and enhance the competition of national products locally and internationally.

In the field of supporting Jordanian exports, the JEDCO has allocated nearly JD500 million with government funding also for the purposes of supporting the cost of shipping for Jordanian exports of various industrial and agricultural types to international markets to preserve the share of Jordanian exports in various global markets.

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