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Amman, August 4 (Petra) — The Siran Foundation for Development and
Capacity Building, in cooperation with the Konrad Adenauer
Foundation’s Jordan Office, on Tuesday discussed a strategic policy
paper titled “Enhancing the Resilience and Competitiveness of the
Digital Entrepreneurship Sector in Jordan.”
The paper was unveiled as part of a joint project of the same name
during a roundtable discussion attended by decision-makers,
entrepreneurs, digital economy experts, business incubators and
representatives of civil society and international organisations.
Director General of the Siran Foundation Mohammad Awad called for
developing evidence-based legislative and procedural frameworks to
support decision-making and align policies with national development
priorities.
He said current indicators underscore the urgent need to establish
and institutionalize a Digital Entrepreneurship Resilience Index as a
national, periodic and dynamic tool to assess the performance and
resilience of Jordan’s startup ecosystem.
Awad explained that the policy paper is built around six key pillars,
beginning with the institutionalisation of the proposed resilience
index and the enactment of a dedicated startups law that adopts
positive discrimination measures to support emerging businesses.
The recommendations include introducing a simplified legal framework
for startup companies through a new “Simplified Jordanian
Shareholding Company” model with no minimum capital requirement, as
well as replacing social security exemptions with a joint government
guarantee system to help companies hire highly skilled professionals.
Veronica Ertel, Resident Representative of the Konrad Adenauer
Foundation’s Jordan Office, said the project provides an integrated
framework of six pillars to strengthen Jordan’s competitiveness as a
safe and sustainable regional hub for innovation-driven investment.
MP Hussein Krishan said the government is working to update a package
of laws and regulations aimed at strengthening the entrepreneurship
ecosystem and the digital economy.
He noted that draft legislation is being prepared to regulate
investment funds and service providers while ensuring alignment with
digital transformation requirements.
Chair of the Parliamentary Committee on Digital Economy and
Entrepreneurship, Mu’ayyad Alawneh, said comparisons with
neighbouring countries should take into account Jordan’s unique
economic and regulatory environment. He added that the Kingdom offers
a supportive ecosystem for startup growth.
Ziad Masri, Executive Director of Programmes and Projects at the
Information and Communications Technology Association of Jordan
(int@j), highlighted the association’s “Startups Go” platform, which
connects entrepreneurs with funding opportunities, support
programmes, and ecosystem partners.
//Petra// AK