€20 million package to support SMEs and research in Jordan

 The European Commission has adopted an assistance package of €20 million for Jordan, consisting of two programmes which will provide support to Small and Medium-Sized Enterprises (SMEs), as well as to research projects, helping to generate economic growth and employment in the country.

''Today's decision highlights the priority that the EU gives to crucial areas like research and technology in Jordan. I'm proud that our assistance will also support Small and Medium-Sized Enterprises and therewith help to reduce poverty and unemployment in the country. By providing easier access to financing, we are helping to remove barriers for creating new jobs. This assistance package shows clearly that we do continue to support Jordan's ongoing reform agenda programme, not only politically but also financially," saidCommissioner for Enlargement and European Neighbourhood Policy, Štefan Füle. 
Jordan Services Modernisation Programme (JSMP II) (€15 million)
Through continued enhancement of the services sector in Jordan, this programme will assist the economy in becoming more productive and globally connected, by upgrading and facilitating the establishment of innovative start-ups and the service sector, with particular focus on those outside the Amman governorate. It will also help to increase development of the international export sector, with particular focus on those businesses outside the capital.
Support to Research, Technological Development and innovation in Jordan (SRTD) (€5 million)
The overall objective of this project is to increase the capacity of Jordan’s Research & Technological Development and Innovation sectors in order to foster Jordan’s economic growth and employment. The development of Jordan’s applied research and technological capacity will focus on the commercialisation of research and technological development of the private sector, especially targeting Small and Medium-sized Enterprises. This will also further advance the integration of Jordan into the European Research Area.
In line with the two recent Joint Communications of the European Commission and of the High Representative of the EU for Foreign Affairs and Security Policy ("A partnership for democracy and shared prosperity with the Southern Mediterranean" and "A new response to a changing Neighbourhood"), this package constitutes part of the National Indicative Programme 2011-2013 for Jordan, under which assistance for an amount of €223 million will be provided. (ENPI Info Centre)
Read more
Press release
EU Delegation – Jordan
ENPI Info Centre - Jordan

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