Nancy Momany, Eng. Enterprise Development Officer Jordan Enterprise Development Corporation (JE)

1. Jordan Country Paper ForTRAINING PROGRAME “ENHANCING ENTREPRENEURSHIP IN SME DEVELOPMENT AND EXPORT CONSORTIA” Nancy Momany, Eng. Enterprise Development Officer Jordan Enterprise Development Corporation (JE)

2. Jordan • Basic Facts • Jordan Economy • SME’s in Jordan • Jordan Enterprise Development Corporation (JE)

3. Jordan- Basic Facts The Hashemite Kingdom of Jordan is a constitutional monarchy, ruled since 1999 by His Majesty King Abdullah II

4. Jordan- Basic Facts Jordan is located in the heart of the Middle East, Northwest of Saudi Arabia, South of Syria, Southwest of Iraq, East of Occupied Palestine.

5. Jordan- Basic Facts Capital: Amman Population: 5,480,000 Area: 89,342 km2 Languages: Arabic Religions: Sunni Muslim (92%) Shia Muslims(2%) Christian (6%)

6. Jordan- Tourism Roman amphitheater

7. Jordan- Tourism Petra

8. Jordan- Tourism Jerash

9. Jordan- Tourism Wadi Rum

10. Jordan Economy Economic Indicators

11. Phosphates • Potash • Apparel & Clothing Accessories • Fertilizers • Pharmaceutical Products • Edible Vegetables Jordan Economy Major Exportproducts

12. Mineral Fuels & Oils • Vehicles • Machinery • Electronic Equipment • Wheat • Sugar • Meat Jordan Economy Major Importproducts

13. SME’s in Jordan Definition and Features

14. Ministry of Industry and Trade • Chambers of Industry • The National Fund for Enterprise Support (NAFES) • Jordan Enterprise Development Corporation (JE) • The USAID Jordan Economic Development Program (SABEQ) • Business Development Center (Tatweer) • Development and employment fund SME’s in Jordan Related Public & Private Organizations

15. Jordan investment board • Free - Zones Corporation • Vocational Training Corporation • Jordan industrial Estates Corporation (JIEC) • Industrial Development Bank • The Jordan Loan Guarantee Corporation SME’s in Jordan Related Public & Private Organizations

16. Ministry of Industry and Trade law 18/1998 • Chamber of Industry law 10/2005 • Jordan investment board law 18/1991 • Investment law 68/2003 • Jordan Enterprise Development Corporation law 33/2008 • Development and employment fund law 33/1992 SME’s in Jordan Related Law’s & Policies

17. There are a lot of governmental, semi-government, NGOs, private and international programs. working to facilitate or ease access to finance for SMEs • Most SMEs lack basic financial management skills and systems SME’s in Jordan Financial Assistance for SME Development

18. Labialization of the market. • Competition from local and external suppliers. • Meeting the requirement of export markets. (specification of the products, rules of origin,…) • Deploying new technologies. • Employing skilled labors. SME’s in Jordan Main Challenges

19. Access to new markets. • Lack of skilled labors. • Lack of business planning • High competition from imported goods especially in prices. • Financing and finding financial resources. • Deploying new technologies. SME’s in Jordan Main Problems

20. Jordan Enterprise Development Corporation (JE) Vision To be Jordan's leading institution for developing, caring for and supporting Enterprises in the Kingdom, thus improving their competitiveness and growth nationally and globally, promoting their products and services in targeted international markets, increasing investments, export volume and export opportunities.

21. Jordan Enterprise Development Corporation (JE) Objectives • Upgrading Enterprises by providing tailored business solutions that respond to verifiable needs. • Increasing Jordan’s exports of goods and services, by utilizing preferential trade opportunities. • Continuously improving Enterprise/product competitiveness to meet the needs of a dynamic global market.

22. Jordan Upgrading and Modernization Program • Export Promotion Directorate • Export Services Directorate • Cross-cutting Directorate Jordan Enterprise Development Corporation (JE) Departments

23. JUMP What is JUMP? Jordan Upgrading & Modernization Program is The first national independent programme established by the Jordanian government to enhance the SME’s competitiveness Works as a focal point (umbrella) for all industrial upgrading programs & activities

24. JUMP Vision To transform, integrate and bridge the Jordanian industry within the global economy Mission Improve and sustain the competitiveness of Jordanian enterprises through building their managerial capabilities and productive capacities.

25. JUMP Objectives • Enhance productivity, improve product quality and reduce unit cost • Encourage companies to use benchmarking • Increase market share and assist in developing new non-traditional export markets • Develop strategic directions driven by markets practices. • Enhance capabilities of human resources • Encouraging companies to increase value added • Sector development strategy

26. Main Functions Full Scale Diagnostic Studies Business Plans National Linkages Program Sectoral Services Other Functions Energy Saving Projects Establishment of Export Consortiums Faculty For Factory Other Initiatives & Services JUMP Services

27. JUMP Eligibility Criteria • Manufacturing or related services • Jordanian Registered Company with min. 10 Jordanian employees • At Least 2 Years operating with audited financial statements • Good Financial Status and high potentials for growth

28. JUMP Request for Assistance Mechanism Application Pre-Diagnostic Study Visit Bidding & Approval Phase Conduct Study & Upgrading Plan Evaluation of studies Present summery to the executive committee Sign Agreement & start implementation

29. National Linkage Program Visit large manufacturing companies to identify potential products & potential suppliers Mechanism Pre-Diagnostic Study Visit to potential suppliers Check Eligibility Criteria, Company Level& Prepare Pre-Diagnostic Study Report Potentials for backward linkages Good Financial Status Internal Committee Meeting for the acceptance of the company and the linkages case Prepare a development plan to upgrade the supplier's capacities & Capabilities to meet the buyer's requirements Upgrading Plan Approval & Implementation

30. Useful links • Ministry of Industry and Trade www.mit.gov.jo • Amman Chamber of Commerce www.ammanchamber.org • Amman Chamber of Industry www.aci.org.jo • Jordan Investment Board www.jordaninvestment.com • The American Chamber of Commerce in Jordan www.jaba.org.jo • Jordan Enterprise Development Corporation www.jedco.gov.jo • Jordan Upgrading & Modernization Programme www.jump.gov.jo

31. Jordan Thank You