The Jordan Enterprise Development Corporation (JEDCO) and Mutah University signed today a memorandum of understanding in JEDCO premises aimed at providing assistance to entrepreneurs and small and medium enterprises in the southern region in Jordan to apply for JEDCO's programs.

The MoU was signed by Dr. Bashar Al-Zoubi, CEO of JEDCO, and the president of Mutah University, Prof .Arafat A. Awajan, in the presence of the representatives from both institutions.

Al-Zou'bi said that this partnership comes from the government's belief in the importance of providing support to entrepreneurs and develop small- and medium-sized enterprises (SMEs), promote economic and social development and support innovative entrepreneurs’ projects, in order to improve and develop the business environment for SMEs and promote a culture of entrepreneurship.

He indicated that JEDCO through this MoU signed with the Mutah University is working to establish ways for effective, organized and responsible cooperation between them to support entrepreneurs and SMEs operating in the service, industrial sectors and agricultural projects in the southern region of Jordan.

Prof .Arafat A. Awajan praised the efforts exerted by JEDCO and its role in supporting entrepreneurs and developing local SMEs especially in these days.

He also added that there is a need to enhance and strengthen cooperation and coordination with JEDCO's efforts in order to implement the terms of the MoU and enhance the benefit of the industrial and service sectors in addition to the agricultural projects in the southern region, which comes from the university’s interest in strengthening its role in building and supporting the capabilities of entrepreneurs through specialized training programs, developing researches and studies, and building a database in entrepreneurship.

According to the MoU, JEDCO's activities will be supported and promoted in all southern governorates, such as helding informative workshops and circulating JEDCO's programs and conditions. JEDCO will assist the University of Mu'tah in accessing funding sources from donors and investment funds by linking them to implement feasible projects in Al-Karak governorate.