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Entrepreneurship Ecosystem
Map of Jordan
Developed for Program Innovation and Entrepreneurship
of the German Jordanian University GJU
2015
GJU ECOSYSTEM WORKSHOP (25/3/2014)
First Step Mapping Started at
Resulted in the Establishment of GJU PIE
(Previous report available online)
FOR GJU INTERNAL REQUEST IN 2015
Second Mapping Started (this one)
Resulted in set of services
-Graduation projects support (hackathons)
-Innovation Space
Entrepreneurship Simplified Ecosystem
Assessment Tool
Education
Culture
Finance
Workspace
Support
Services
Policies &
Government
Support
EDUCATION
Culture
Finance
Workspace
Support
Services
Policies &
Government
Support
Education & Skills Development
•Universities:
– Academic Teaching of Entrepreneurship
– Entrepreneurship Awareness Programs
•Training:
– Formal Training on Entrepreneurship
Education
• Universities having Entrepreneurship centers
–PSUT: (Focus: IT) + Masters in Business Entrepreneurship (MBE)
–JUST: (Focus: Engineering)
–University of Jordan: (Focus: Agriculture)
–Petra University : (Focus: IT )
–Philadelphia University: (Focus: Engineering )
–Yarmouk University
–AlQuds College: (Focus: General)
• Schools Programs (age 10-18)
–Injaz Programs for schools
–IKB Competition for Schools
–Intellectual Property Rights for kids
Training Programs
• Trainings for University Students
–KAFD
–Injaz Jordan
–BDC (Empretec)
–Microsoft Innovation Center
• General Trainings
–Many of the training companies provide
entrepreneurship trainings
Education
CULTURE
Finance
Workspace
Support
Services
Policies &
Government
Support
Entrepreneurship Culture
• The Culture aspect involves different factors and not
easy to measure and develop
• The focus here will be on the followings to simplify
the measurement:
– Communities
– Events
– Competitions
– Media
Communities & Events
• Communities:
–Young Entrepreneurship Association (YEA):
–DART Students clubs (Started at PSUT now in other universities as well)
• Events
– Startup Weekends & Hackathons
– Global Entrepreneurship Week
– ZINC series of talks
Entrepreneurship Competitions
• Queen Rania Business Plan Competition (Organized by
QRCE/PSUT)
• IKB Business Entrepreneurship competition
• Badir competition for Social Entrepreneurship
• Other regional and global competitions
Media Supporting Entrepreneurship
These media organizations usually cover success stories of
entrepreneurs and cover the related events
• Wamda
–Dubai based blog
• Roya TV
• Business Jordan Magazine
• Ventures Magazine
Education
Culture
FINANCE
Workspace
Support
Services
Policies &
Government
Support
Sources of Funding to Entrepreneurs
• Grants
–Governmental grants: Small and mainly for research
–International Donors: Project based & require external contribution
• Crowd Funding
–The project is published on special web platforms
–The crowd contribute to funding the project for some returns
• Loans
–Microloans & Banks loans
• Investment
–Angel Investors: Individual investors that invest in early stage
–Venture Capitals: Experienced companies that invest in growth stage
Grants
• Jordan Enterprise (JEDCO)
–EU Fund, currently on hold
• Higher Council for Science & Technology (HCST)
–EU Fund, currently on hold
• USAID LENS Project
–Some specific sectors for early stage startups
• USAID JCP Project
–Fund specific sectors for established startups
Crowdfunding
• Zoomaal.com
–Lebanon based platform active in Jordan
• Eureeca.com
• Dubai based platform active in Jordan
• Several initiatives in Jordan but no well established
crowdfunding platform
– UNDP for refugees host communities
Banks and Loans
•Microfinance
–Tamweelcom
–Rowad Microventures
–Liwwa (Online microloans program)
–Many smaller microfinancing institutes active outside
Amman
•Banks (active in the Startup Scene)
–Al Itihad
–Al Ahli
Investments
• Angel Investors Network
–Bedaya Network (Managed by iPark)
–Oasis500 Angel investors (Managed by Oasis500)
• Venture Capitals (VC)
– Silicon badeya
– Dash ventures (Part of Endeavor)
– Mena Venture Investments (MVI)
– IV-holdings
– Oasis500 ventures
–iMENA
–Cisco Ventures (Not active)
–Jabbar Group
–MENAIP
Education
Culture
Finance
WORKSPACE
Support
Services
Policies &
Government
Support
Workspace for Entrepreneurs
• Incubator:
–Office space for rent
–Access to Mentors and Angel Investors
• Co-working Space:
–Shared physical space for entrepreneurs to work and network
–Access to mentors and networking opportunities
• Proof Of Concept Space: (FabLab or TechWorkshop)
– Physical space with equipment, instruments and tools (workshop)
– People come in to build prototypes
Workspaces in Jordan
• Incubators:
–iPark (Amman)
–Al Urdeniah Lil Ibdaa (Irbid, Karak, Jerash, Madaba)
–Migrate ( 2 spaces in Amman & 1 in Irbid)
–GROW in King Hussein Business Park
• Co-working space:
–V. Business center (2 spaces in Amman)
–ZINC (Zain)
–The Tank (Umniah)
–Orange
–Gaming Lab
• Proof of Concept centers
–NONE in Jordan
Education
Culture
Finance
Workspace
SUPPORT
SERVICES
Policies &
Government
Support
Support Services and Organizations
• Accelerators
– Institutes that invest in idea stage projects
– Host the startup for 3-6 months
– Introduce the startup to other rounds of investment
• Mentors
–Experts in the field who mainly provide advice to the
entrepreneurs for free
• Consulting
–Business consulting for SMEs and startups (will not be
covered in this report as there many in this area)
Support Services and Organizations
• Accelerators
– Oasis500
– Endeavor Jordan
• Mentorship programs
– Mowgli Foundation: UK based
– Oasis500 Mentors network
– BDC Mentors Network
– Endeavor Mentors Network
– Cherie Blair Foundation for Women
Education
Culture
Finance
Workspace
Support
Services
POLICIES &
GOVERNMENT
SUPPORT
Policies and Government
•Public policies play major role to support
entrepreneurs. The next model is from UNCTAD
Policies and Government
• National Entrepreneurship Strategy (Developed by JEDCO)
• National Science Technology & Innovation Strategy (Developed
by HCST)
• National Innovation Strategy (Developed by HCST)
• Intellectual Property (IP) Rights Law
• Several other National Policies and Strategies emphasis on
supporting Entrepreneurship
INTERNATIONAL DONORS
International Donors
•International Donors play major role in Jordan
in funding entrepreneurship support
organizations.
•Most active donors in this field are:
– USAID
– EuropeAid & ENPI (from the EU)
– European Investment Bank (EIB)
– UKAid

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Jordan Entrepreneurship Ecosystem Map (2015

  • 1. Entrepreneurship Ecosystem Map of Jordan Developed for Program Innovation and Entrepreneurship of the German Jordanian University GJU 2015
  • 2. GJU ECOSYSTEM WORKSHOP (25/3/2014) First Step Mapping Started at Resulted in the Establishment of GJU PIE (Previous report available online)
  • 3. FOR GJU INTERNAL REQUEST IN 2015 Second Mapping Started (this one) Resulted in set of services -Graduation projects support (hackathons) -Innovation Space
  • 4. Entrepreneurship Simplified Ecosystem Assessment Tool Education Culture Finance Workspace Support Services Policies & Government Support
  • 6. Education & Skills Development •Universities: – Academic Teaching of Entrepreneurship – Entrepreneurship Awareness Programs •Training: – Formal Training on Entrepreneurship
  • 7. Education • Universities having Entrepreneurship centers –PSUT: (Focus: IT) + Masters in Business Entrepreneurship (MBE) –JUST: (Focus: Engineering) –University of Jordan: (Focus: Agriculture) –Petra University : (Focus: IT ) –Philadelphia University: (Focus: Engineering ) –Yarmouk University –AlQuds College: (Focus: General) • Schools Programs (age 10-18) –Injaz Programs for schools –IKB Competition for Schools –Intellectual Property Rights for kids
  • 8. Training Programs • Trainings for University Students –KAFD –Injaz Jordan –BDC (Empretec) –Microsoft Innovation Center • General Trainings –Many of the training companies provide entrepreneurship trainings
  • 10. Entrepreneurship Culture • The Culture aspect involves different factors and not easy to measure and develop • The focus here will be on the followings to simplify the measurement: – Communities – Events – Competitions – Media
  • 11. Communities & Events • Communities: –Young Entrepreneurship Association (YEA): –DART Students clubs (Started at PSUT now in other universities as well) • Events – Startup Weekends & Hackathons – Global Entrepreneurship Week – ZINC series of talks
  • 12. Entrepreneurship Competitions • Queen Rania Business Plan Competition (Organized by QRCE/PSUT) • IKB Business Entrepreneurship competition • Badir competition for Social Entrepreneurship • Other regional and global competitions
  • 13. Media Supporting Entrepreneurship These media organizations usually cover success stories of entrepreneurs and cover the related events • Wamda –Dubai based blog • Roya TV • Business Jordan Magazine • Ventures Magazine
  • 15. Sources of Funding to Entrepreneurs • Grants –Governmental grants: Small and mainly for research –International Donors: Project based & require external contribution • Crowd Funding –The project is published on special web platforms –The crowd contribute to funding the project for some returns • Loans –Microloans & Banks loans • Investment –Angel Investors: Individual investors that invest in early stage –Venture Capitals: Experienced companies that invest in growth stage
  • 16. Grants • Jordan Enterprise (JEDCO) –EU Fund, currently on hold • Higher Council for Science & Technology (HCST) –EU Fund, currently on hold • USAID LENS Project –Some specific sectors for early stage startups • USAID JCP Project –Fund specific sectors for established startups
  • 17. Crowdfunding • Zoomaal.com –Lebanon based platform active in Jordan • Eureeca.com • Dubai based platform active in Jordan • Several initiatives in Jordan but no well established crowdfunding platform – UNDP for refugees host communities
  • 18. Banks and Loans •Microfinance –Tamweelcom –Rowad Microventures –Liwwa (Online microloans program) –Many smaller microfinancing institutes active outside Amman •Banks (active in the Startup Scene) –Al Itihad –Al Ahli
  • 19. Investments • Angel Investors Network –Bedaya Network (Managed by iPark) –Oasis500 Angel investors (Managed by Oasis500) • Venture Capitals (VC) – Silicon badeya – Dash ventures (Part of Endeavor) – Mena Venture Investments (MVI) – IV-holdings – Oasis500 ventures –iMENA –Cisco Ventures (Not active) –Jabbar Group –MENAIP
  • 21. Workspace for Entrepreneurs • Incubator: –Office space for rent –Access to Mentors and Angel Investors • Co-working Space: –Shared physical space for entrepreneurs to work and network –Access to mentors and networking opportunities • Proof Of Concept Space: (FabLab or TechWorkshop) – Physical space with equipment, instruments and tools (workshop) – People come in to build prototypes
  • 22. Workspaces in Jordan • Incubators: –iPark (Amman) –Al Urdeniah Lil Ibdaa (Irbid, Karak, Jerash, Madaba) –Migrate ( 2 spaces in Amman & 1 in Irbid) –GROW in King Hussein Business Park • Co-working space: –V. Business center (2 spaces in Amman) –ZINC (Zain) –The Tank (Umniah) –Orange –Gaming Lab • Proof of Concept centers –NONE in Jordan
  • 24. Support Services and Organizations • Accelerators – Institutes that invest in idea stage projects – Host the startup for 3-6 months – Introduce the startup to other rounds of investment • Mentors –Experts in the field who mainly provide advice to the entrepreneurs for free • Consulting –Business consulting for SMEs and startups (will not be covered in this report as there many in this area)
  • 25. Support Services and Organizations • Accelerators – Oasis500 – Endeavor Jordan • Mentorship programs – Mowgli Foundation: UK based – Oasis500 Mentors network – BDC Mentors Network – Endeavor Mentors Network – Cherie Blair Foundation for Women
  • 27. Policies and Government •Public policies play major role to support entrepreneurs. The next model is from UNCTAD
  • 28. Policies and Government • National Entrepreneurship Strategy (Developed by JEDCO) • National Science Technology & Innovation Strategy (Developed by HCST) • National Innovation Strategy (Developed by HCST) • Intellectual Property (IP) Rights Law • Several other National Policies and Strategies emphasis on supporting Entrepreneurship
  • 30. International Donors •International Donors play major role in Jordan in funding entrepreneurship support organizations. •Most active donors in this field are: – USAID – EuropeAid & ENPI (from the EU) – European Investment Bank (EIB) – UKAid