JEDCO, Network of Jordanian Centres of Excellence extend JD145,000 in grants

AMMAN — Jordan Enterprise Development Corporation (JEDCO) and the Network of Jordanian Centres of Excellence on Tuesday signed JD145,000 in grant agreements to finance 13 start-up projects in Jerash, Irbid, Mafraq, Balqaa, Madaba and Tafileh governorates. In a statement to The Jordan Times, JEDCO said the grants will contribute to JD175,000 of investments, expected to create 26 job openings after an 18-month implementation period. Ministry of Industry, Trade and Supply Secretary General Maha Al Ali stressed in the statement the importance of local economic development, and the need to revisit all relevant laws.