AMMAN, June 24 -- The World Bank on Saturday launched a new project to promote entrepreneurship in Jordan by providing critical, early stage financing to the small and medium enterprises (SMEs) that have proven to be the engines of job creation.
The 50 million U.S. dollars project aims to support over 200 innovative start-ups from across the country, with the establishment of a private sector managed funding facility, the World Bank said in a statement, a copy of which was obtained by Xinhua.
The Innovative Startups Fund Project will help launch the "Innovative Startups and SMEs Fund" (ISSF).
The 50 million U.S. dollars investment from the World Bank will be complemented by 49 million U.S. dollars in co-financing from the Central Bank of Jordan, bringing the total working capital of the ISSF to 99 million U.S. dollars.
Along with providing early stage financing, the new fund will encourage entrepreneurship across the country with outreach to entrepreneurs from lagging regions, underserved industries and underserved groups such as women entrepreneurs.
"Jordan's business ecosystem is relatively well developed. There is no lack of innovative and creative ideas. However, startup creation is low due to some barriers in the business environment and access to finance," said Kanthan Shankar, Acting Director of the World Bank Middle East Department.
"This project puts in practice the very first recommendation of the Jordanian Economic Policy Council to set up a fund to facilitate financing to innovative startups and SMEs in an effort to increase the level of startups with high-growth potential."
The fund is expected to invest 50 million U.S. dollars in approximately 200 Jordanian companies and provide approximately 3.5 million U.S. dollars in investment support to partner investors.
我想一整天都和男朋友在一起
国际英语资讯:Brazils COVID-19 death toll reaches 240, with 6,836 infected
国际英语资讯:Confirmed COVID-19 cases worldwide exceed 1 million -- Johns Hopkins University
体坛英语资讯:Flamengo win maiden Brazilian Supercup
国际英语资讯:UN climate talks in Glasgow postponed until 2021 due to COVID-19
法国成功为病患移植人工心脏
国内英语资讯:Vice premier stresses reserve of emergency medical supplies
自然收复失地?人类隔离数日后野生动物开始现身城市
按身份证尾号出行、男女分开出门......盘点一些奇特的居家令
欧美多国强化防疫措施 要求民众在公共场合戴口罩
国内英语资讯:Xi says China ready to support Indonesias fight against COVID-19
疫情期间该如何打扫房间?
玛莎百货将使用中性玩具包装
关于苹果你所不知道的11件事
国际英语资讯:Turkish president warns of tighter measure if COVID-19 outbreak grows
国际英语资讯:Trump says not to issue national stay-at-home order
什么是"无症状感染者"?
国内英语资讯:China, Ukraine ready to deepen cooperation to combat COVID-19: FMs
国际英语资讯:Erdogan, Putin discuss ways of cooperation against COVID-19
什么是机会成本?
国内英语资讯:Xi says China ready to help Belgium with medical supplies amid COVID-19 outbreak
斯诺登在莫斯科做宅男 自称已经取得胜利
国内英语资讯:14-day quarantine required for out-of-town patients in Beijing
国内英语资讯:China to strengthen epidemic control along land border
体坛英语资讯:Analysis: Dortmunds unpleasant reunion with Tuchel
威廉王子新年伊始“抛妻弃子”去上学
旅游业收入骤降 泰国大象可能要挨饿了
国内英语资讯:China refutes U.S. officials accusations of concealing extent of virus
体坛英语资讯:Dortmunds new guardian of stability
国内英语资讯:Trump welcomes Chinas efforts to help other countries in fight against COVID-19
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |