RIYADH: Jordan has launched a €35 million ($39 million) German-backed program to strengthen industrial competitiveness, support 370 micro, small and medium-sized enterprises, boost exports and create jobs.
The “Leadership in Industry” initiative will be implemented through the Industrial Development and Support Fund, providing non-refundable grants of up to 25,000 Jordanian dinars ($35,300) for micro-enterprises, 50,000 dinars for small businesses and 100,000 dinars for medium-sized firms, state news agency Petra reported.
The program builds on Jordan’s longstanding development partnership with Germany. In 2025, the two countries signed €35 million in grant agreements through the German Development Bank to support entrepreneurship, improve access to finance for micro, small and medium-sized enterprises, and expand women’s economic participation under Jordan’s Economic Modernisation Vision.
The initiative also supports Jordan’s broader economic reform agenda, which identifies SMEs as a key driver of growth, employment and industrial competitiveness. The government’s 2026-2029 executive program includes measures to improve SME access to finance, support entrepreneurship, and promote exports, as well as strengthen manufacturing value chains.
