Entrepreneurship and Innovation
Jordan has been one of the region’s innovation hubs for more than a decade. Its thriving entrepreneurial ecosystem has produced high-growth startups, several of which have already scaled regionally and become targets for acquisition. Success stories include Bayt.com, the Middle East’s leading employment website, as well as Souq.com (acquired by Amazon), Maktoob (acquired by Yahoo), Jawaker (acquired by Stillfront) and Mawdoo3 (largest Arabic website). Also, Startups, including women-led startups, have benefited from a vigorous network of more than 20 incubators and 8 accelerators.
Jordan outperforms the Arab region in product innovation, technology absorption, competition, startup skills, and cultural support indicators. Signs of Jordan’s regional ascendency include:
MODEE
A Ministry for Digital Economy and Entrepreneurship.
NEP 21-24
National Entrepreneurship Policy and Action Plan 2021-2024.
GEI
Jordan’s rank in the Global Entrepreneurship Index soared from 72 to 49 in 4 years
75%
Jordan is responsible for 75% of global online Arabic content.
27
Jordan is responsible for 27 of the region’s top 100 startups.
