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Jordan, Germany sign €35 million grant agreements to support local entrepreneurship

Jordan, Germany sign €35 million grant agreements to support local entrepreneurship

Ammon8 hours ago

Ammon News - The Ministry of Planning and International Cooperation has signed three grant agreements with the German Development Bank (KfW) totaling €35 million, to implement the "Employment through Local Entrepreneurship" project.
The agreements were signed in the presence of German Ambassador to Jordan Bertram von Moltke, and KfW's Country Director, Matthias Schmidt-Rosen, who represented the bank.
Minister of Planning and International Cooperation Zeina Toukan expressed Jordan's appreciation for Germany's ongoing commitment to supporting national development goals. She described the grants as a meaningful step forward in the strategic partnership between the two countries.
According to Toukan, the project will empower micro, small, and medium-sized enterprises (MSMEs), improve access to finance, and promote a more inclusive entrepreneurial environment, particularly by supporting women's economic participation, in line with the Kingdom's Economic Modernization Vision.

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Jordan and Germany Sign Three Agreements Worth €35 Million to Support Entrepreneurship - Jordan News
Jordan and Germany Sign Three Agreements Worth €35 Million to Support Entrepreneurship - Jordan News

Jordan News

time8 hours ago

  • Jordan News

Jordan and Germany Sign Three Agreements Worth €35 Million to Support Entrepreneurship - Jordan News

The Ministry of Planning and International Cooperation signed three grant agreements with the German Development Bank (KfW) with a total value of €35 million to implement the "Employment Through Entrepreneurship" project. اضافة اعلان The signing ceremony was attended by Dr. Bertram von Moltke, Ambassador of the Federal Republic of Germany to the Hashemite Kingdom of Jordan, and Matthias Schmidt-Rosen, Director of the KfW Office in Jordan, who signed the agreements on behalf of the bank. Matthias Schmidt-Rosen stated: 'Germany is firmly committed to supporting the development of the private sector in Jordan as a key driver for job creation. Through today's grant agreement, we will provide funding to micro, small, and medium-sized enterprises (MSMEs) to support their growth, enabling the creation of new, formal, and sustainable jobs, and enhancing women's economic empowerment.' Minister of Planning and International Cooperation Zeina Toukan expressed her appreciation for Germany's continuous support of Jordan's development priorities, emphasizing that this support marks another milestone in the strategic partnership between the two countries. She added: 'This new support will help empower micro, small, and medium-sized enterprises — especially those led by women — enhance the entrepreneurial ecosystem, and expand access to finance in line with the priorities of the Economic Modernization Vision.'

Jordan, Germany sign €35 million grant agreements to support local entrepreneurship
Jordan, Germany sign €35 million grant agreements to support local entrepreneurship

Ammon

time8 hours ago

  • Ammon

Jordan, Germany sign €35 million grant agreements to support local entrepreneurship

Ammon News - The Ministry of Planning and International Cooperation has signed three grant agreements with the German Development Bank (KfW) totaling €35 million, to implement the "Employment through Local Entrepreneurship" project. The agreements were signed in the presence of German Ambassador to Jordan Bertram von Moltke, and KfW's Country Director, Matthias Schmidt-Rosen, who represented the bank. Minister of Planning and International Cooperation Zeina Toukan expressed Jordan's appreciation for Germany's ongoing commitment to supporting national development goals. She described the grants as a meaningful step forward in the strategic partnership between the two countries. According to Toukan, the project will empower micro, small, and medium-sized enterprises (MSMEs), improve access to finance, and promote a more inclusive entrepreneurial environment, particularly by supporting women's economic participation, in line with the Kingdom's Economic Modernization Vision.

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