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50 startups join INJAZ’s incubator

Date: 29/05/2022

AMMAN — Fifty entrepreneurial startups have joined the 4th cohort of MyStartup, an INJAZ incubator, to benefit from the services it provides startups and community institutions that seek to expand their work, according to the Jordan News Agency, Petra.

The 4th cohort includes enterprises working in education, technology, environment, information technology, manufacturing, foodstuffs and other sectors. The companies were chosen through INJAZ’s entrepreneurship programs implemented in universities and colleges to attract entrepreneurs wanting to expand their startups.

The incubation period for startups lasts for one year; it starts with an intense training camp to boost the capabilities of startups and prepare them for the incubator’s programs that include mentorship training and other services startups need at this stage, according to an INJAZ statement on Monday.

It added that MyStartup is working on providing a general evaluation of the basic needs of each startup to gauge their strengths and weaknesses, and work on addressing them.

MyStartup houses training rooms, meeting halls, workspaces for companies to design and develop products, and a private service office designated for entrepreneurs.

It provides the opportunity for entrepreneurs to meet and exchange expertise to create an integrated entrepreneurship environment, gives consideration to the needs of female entrepreneurs by providing a suitable work environment, and organizes events for startups wishing to partner with investors in the private sector.

Through strategic partnerships with the Jordanian Innovative Startups and SMEs Fund, the Canada-funded Women Economic Support Project, the Canadian Bureau for International Education, the Canadian Ryerson University, and cewas Middle East, MyStartup provides entrepreneurship programs from global incubators.

 

Source: www.jordannews.jo (News Link)