J. Musharbash, JEDCO, 11 May 2016, Regional conference: Investment and inclusive growth in the midst of crisis, Beirut

1. Investment and inclusive growth in
the midst of crisis: lessons learned
& ways forward

2. Promoting
entrepreneurship and SMEs
for inclusion

3. Jedco
Jordan Enterprise Development
Corporation (JEDCO) is a governmental
organization dedicated to supporting
the development of emerging
businesses and small and medium-
sized enterprises in Jordan.

4. Jedco
JEDCO’s mission is to grow viable
projects and SMEs in the Kingdom by
improving the business environment;
offering financial and technical
support to entrepreneurial projects
and emerging companies; boosting
the competitiveness of Jordanian
SMEs locally and internationally; and
encouraging the use of innovation and
new technologies by local enterprises.

5. Jedco
Programs’
Impact on
employment
Jedco Programs’ Impact (2012-2014)
No. of new
employment
opportunities
Average cost.
of new
employment
opportunities
Program
865
8,383
Industry Support 1
1193
12,215
2Industry Support
942
11,593
Industry Support
2-ext.
591
17,142
Service Support 1
1166
11,286
Service Support 2
4756Total

6. SME’s
Strategy
Jordan has developed “Jordan
National Entrepreneurship and Small
and Medium Enterprise (SME)
Growth Strategy 2015-2018” and its
associated action plan 2016-2019.

7. SME’s
Strategy
Objectives
• Increase the rate of new enterprise
formation, including among educated young
people and women;
• Increase the proportion of high-growth and
innovative SMMEs;
• Increase the number of productive SMEs
benefiting from upgrading and quality
enhancement programmes to improve their
productivity, growth and ability to compete in
international markets, both domestically and
abroad;
• Facilitate access to financing and top quality,
comprehensive business development
services in all governorates.

8. SME’s
Strategy
Pillars
• Pillar 1. More conducive legal and regulatory
environment for start-ups and SMMEs
• Pillar 2. Entrepreneurship awareness and
culture-building
• Pillar 3. Elevated level of entrepreneurial/
management skills and provision of business
development support
• Pillar 4. Improved access to credit and equity
financing
• Pillar 5. Increased innovation capacity and
technology adoption/ development
• Pillar 6. Broadened market access

9. Thank you