JEDCO provides various programs to support the development of SMEs in Jordan, including the JUMP and JSMP programs. It oversees grant schemes that provide up to 20% financing for projects. JEDCO also supports export promotion, entrepreneurship initiatives, and renewable energy projects. Between 2011-2016, JEDCO's budget grew significantly from $100 million to $298 million, supported by the Government of Jordan, EU grants, and other donors. JEDCO aims to support enterprises throughout their lifecycle.

1. JORDAN ENTERPRISE
DEVELOPMENT
CORPORATION
A Tool to Develop Private Sector SMEs

2. Corporate Governance
 JEDCO is overseen by a
Board headed by H.E.
Minister of Industry and
Trade and is comprised from
6 representative of the public
Sector and 10
representatives of the private
sector.

3. JEDCO Programmes
 Jordan Upgrading and Modernisation Financial
Financial
Programme (JUMP I). Tools
Tools
 Support to Enterprise & Export JUMP / /
JUMP
JUMPII
JUMPII JSMP/
JSMP/
Development Programme (SEEDP /
JSMPII
JSMPII
JUMP II)
Jordan
Jordan
 Jordan Services Modernisation Enterprise
Enterprise
Programme (JSMP). Development
Development
 Jordan Services Modernisation Corporation
Corporation
Programme (JSMPII). JIC
JIC
Network
Network Export
Export
 Export Promotion Programme. Promotion
Promotion
 Entrepreneurship and innovation Programme
Programme
Program (JIC Network)

4. Industry Support Directorate (JUMP) Achievements
up to Year 2010
Activity Grand Total Completed In process
Conduct studies (FSD, BP, NLP) 139 137 2
Signed Agreements to Implement Development plans 103 70 33
Conduct Energy Audit and Solar Energy Studies 31 28 3
Signed Agreements to Implement 8 8 0
Export Consortium 2 2 0
Faculty for Factory project 122 109 13
Sectorial services 33 18 15
Services resulted from development plans 1033 906 127
Other activities ( training , workshops , ..etc) 329 329 0
Total companies benefited from JUMP 767 701 66
Total services supported by JUMP 1565 1418 147

5. Impact of the Support to JUMP clients
Indicator %
Total Sales (000 JD) 73%
Exports (000 JD) 116%
Gross Profit (000 JD) 56%
Net Profit before Tax (000 JD) 28%
Employees 17%

6. JSMPII
 JEDCO in cooperation with the EUD are launching JSMP II
programme with an estimated budget of EUR 15 million, EUR 12.2
million Direct Grants to MSMEs to cover 5 different schemes.
JUMPII
 JEDCO in cooperation with the EUD are extending JUMPII
programme with an estimated budget of EUR 10 million, EUR 12.5
million Direct Grants to MSMEs to cover 3 different schemes.

7. JUMPII Grant Schemes
Scheme 2: Support to Export
Scheme 2: Support to Export
Development Including
Development Including
Certification and Participation to
Certification and Participation to
Trade Missions and Trade
Trade Missions and Trade
((Events. (50,000 EURO
Events. (50,000 EURO
Scheme 4: Support to Micro
Scheme 4: Support to Micro
Enterprises and Start-up
Enterprises and Start-up
((Companies.(50,000 EURO
Companies.(50,000 EURO
Scheme 5: SMEs
Scheme 5: SMEs
Reinforcements. ((100,000
Reinforcements. 100,000
(EURO
(EURO

8. JSMPII Grant Schemes
Scheme 1: Export Development and
Scheme 1: Export Development and
Participation in Trade Missions and Trade
Participation in Trade Missions and Trade
(Events (EURO 50,000
(Events (EURO 50,000
Scheme 2: Support for start-ups and
Scheme 2: Support for start-ups and
innovative services start-ups outside Greater
innovative services start-ups outside Greater
Amman Municipalities, Qasabet Irbid and
Amman Municipalities, Qasabet Irbid and
(Zarqa Municipalities (EURO 75,000
(Zarqa Municipalities (EURO 75,000
Scheme 3: Reinforcement of existing services
Scheme 3: Reinforcement of existing services
MSMEs outside Greater Amman
MSMEs outside Greater Amman
Municipalities, Qasabet Irbid and Zarqa
Municipalities, Qasabet Irbid and Zarqa
(Municipalities (EURO 75,000
(Municipalities (EURO 75,000
Scheme 4: Reinforcement of existing services
Scheme 4: Reinforcement of existing services
MSMEs within Greater Amman Municipalities,
MSMEs within Greater Amman Municipalities,
Qasabet Irbid and Zarqa Municipalities (EURO
Qasabet Irbid and Zarqa Municipalities (EURO
(75,000
(75,000
Scheme 5: Support for Projects of National
Scheme 5: Support for Projects of National
(Interest in all Areas of Jordan (EURO 10,000
(Interest in all Areas of Jordan (EURO 10,000

9. Governate Development Fund
Eligibility Criteria
Project’s Eligibility Criteria
• Project’s owner contribution not less than 10% of total project cost.
• A minimum of 60% Jordanian employees.
• Economically feasible projects, with high economic and social added value, ability to create employment
opportunities, substitute foreign employment, export potentials with clustering opportunities with other sectors.
• Fund’s contribution ranges between a minimum of 26% to a maximum of 49% of total project’s cost.
• Fund’s minimum investment size is JOD 50,000
• The Fund will invest in projects with a minimum cost of JOD 100,000

10. Investment Tools
The Governorate Development Fund will invest in productive and income generating
projects using non traditional financing tools:
• Equity Investment: holding shares in projects’ capital for a certain period of
time not exceeding 8 years and sharing profits and losses with the owners
instead of paying periodical repayments.
• Convertible Bonds: financing bonds (partner’s loan) to be converted into
shares based on a pre-agreed upon requirements as determined in
partnership agreement.
• Quasi Equity: a hybrid tool that combines between equity and debt features,
repayment and profit sharing to be determined in the partnership
agreement.

11. Export Promotion
Companies Participation in Trade Fairs

12. Impact of the Export Promotion Support
Indicator Rate of Increase
More than 30% 20% - 15% 10% -15%
Improvement in Production 14% 27% 45%
Increase in Exports 14% 24% 48%
Increase in Sales 5% 30% 45%
New Markets of the companies 37%

13. Venture Capital Funds
JEDCO was entrusted by the Government of Jordan to sponsor the creation
JEDCO was entrusted by the Government of Jordan to sponsor the creation
of two venture capital funds dedicated respectively for the early stage and
of two venture capital funds dedicated respectively for the early stage and
developing SMEs.
developing SMEs.
The two “Anchor Investors” JEDCO and EIB as follows:
The two “Anchor Investors” JEDCO and EIB as follows:
Fund First/Target Size GoJ Allocation EIB Allocation
Early Stage US$ 15 million US$ 2 million US$ 2 (not to exceed 30% of
(need finance) total commitments
Capital for Growth EUR 20 million EUR 2 million EUR 5 million (not to exceed
Fund 25% of total commitments)

14. SME Financing Programme
SME Financing Program
Int.
JEDCO Banks
Guarantors
LGF TA
Grants Loans
•Before
•250M •Up to 20% of total
Financing $ 25000
•60-75% financing needs for
Services
coverage ratio special projects.
•After Financing
of loan value Services $ 2,000,000

15. Programme
Governorates Amman
TA Before & After Financing As needed As needed
Project cost 100% 100%
(Owner (contribution 0-15% 0-15%
(Grant ( of the financing needs Up to 20% NA
(Loan (Guarantee coverage 75% 60%
Collaterals (Max) 35 % 50%
Med term loans 7-8years
Grace periods 2-3 years
Moderate interest rates Less than prime rate

16. JIC Network (SCF)
Governance Incubated projects Seed Capital Fund Duration Remarks
Provided (JD)
Amman 62 952,820 2005-2010
Balqa 1 13,920 2011-2012
Irbid 39 571,000 2005-2013
Jerash 2 21,000 2012-2013 New Intervention
Karak 4 69,000 2009-2013
Tafeleh 4 55,000 2012-2013 New Intervention
Madaba 1 5,000 2012-2013 New Intervention

17. Tafileh 1000 residence

18. JSMP I and JUMP II Renewable Energy projects
- Supported in the last two years (Start up, Reinforcement and Export Oriented)
Governorate Grants
Amman 207,504
Balqa 97,989
Aqaba 137,587
Total (9) 443,080
- Application Received Recently
Governorate Grants
Amman 32,358
Irbid 222,993
Maan 75,000
Madaba 146,200
Mafraq 182,231
Tafeeleh 75,000
Total (13) 733,782

19. Total number of Beneficiaries from JEDCO’s
Different Services
Services Number
Reinforcement 598
Start- ups 217
Trade Fairs and Trade Missions 2293
(Technical Assistance (JSMP& JUMP II 280
Total *3388
Companies from Governorates – 292:
Start-up projects : 145
Reinforcement companies: 147

20. JEDCO’s Budget
JEDCO’s Budget 2011- 2007 JEDCO’s Budget 2016- 2012
Government of Jordan 25,000,000 $ Government of Jordan 25,000,000 $
EU Grants 42,000,000 $ EU Grants 32,000,000 $
Donors 33,000,000 $ Governorate Development Fund 210,000,000 $
USAID 31,000,000 $
: Total $100,000,000
Total: 298,000,000 $

21. Supports enterprises throughout its lifecycle
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