JEDCO’s 3.1m euros accelerator project for SMEs concludes on Thursday

AMMAN — The Jordan Enterprise Development Corporation (JEDCO) on Thursday celebrated the conclusion of the “Accelerating the growth of economic projects” programme, which was funded by the MENA Transition Fund through the European Investment Bank (EIB).

The programme was launched in 2015 with a total budget of 3.1 million euros, the Jordan News Agency, Petra, reported.

The programme aimed at supporting and sustaining SMEs in the industrial and service sectors that enjoy high growth opportunities, so as to increase production, competitiveness and exports through training courses and technical guidance.

Minister of Industry, Trade and Supply Tareq Hammouri said that 184 companies benefited from the programme and managed to hire new 810 employees, raise their sales by JD34 million and boost their exports by JD16 million.