Orange Jordan and the Information and Communications Technology Association of Jordan (Int@j) held a second meeting with the advisory committee to discuss the Jordanian Startups Map, a study carried by int@j and StartupsJo, on behalf of Orange Jordan’s “Innovation Space” project funded by the European Union through the “Innovate Jordan” Program, to promote youth entrepreneurship in the kingdom.
The effort comes in line with preventive measures taken to curb the spread of COVID-19, the committee discussed remotely results of the first phase of the study, as more than 350 startups from different sectors applied, according to a joint press statement.
The committee is comprised of Orange Jordan, the Crown Prince Foundation, the Ministry of Digital Economy and Entrepreneurship, the Ministry of Planning and International Cooperation, the Ministry of Youth, the Innovative Startups and SMEs Fund (ISSF) and the Jordan Investment Commission.
The study will be conducted over three months in different stages to draw a map that includes a comprehensive database of Jordanian startups, based on the stages they reached, the statement said.
The map will provide main sectors that include sub-sectors following international standards to define and categorize startups locally and globally and shed light on sectors with promising opportunities and high demand. The plan is to conduct a periodic review to enhance startups’ contribution to socio-economic development, the organizers pointed out.
By supporting this study, Orange Jordan, the responsible digital leader and the kingdom’s digital partner, seeks to develop entrepreneurship, a pillar of its corporate social responsibility strategy, the telecom company said.
The company is building on a previous study conducted in partnership with Int@j to provide insights into the entrepreneurship industry, its impact on the kingdom and its role in the national economy, Orange noted.
The company said that these studies aim at shedding light on the entrepreneurship culture in the kingdom to explore the areas that will pave the way for more successful startups.
Source: Jordan News Agency