According to a recent infographic, Amman is growing into the regional technology capital for smartups hence Smart Amman. The presented data shows that in 2018 and 2019, Jordan ranks first in the region for the number of tech deals funded, second in the region for the number of funds invested and the 10th best place to start a business around the world.
With an eight-fold increase in technical support between 2001 and 2018, the Jordanian technology sector is booming. This infographic, created by Innovative Jordan in partnership with Intaj, Oasis500, Silicon Badia and Kharabeesh, shows that Jordan is seeing growth of more than 600 tech companies and more than 300 startups, resulting in the creation of 84,000 jobs and 12% of the country accounts for GDP. And 30% of the workforce in the Jordanian technology industry are women.
Amman is the top performing non-oil economy in the MENA region, measured by real GDP growth between 1999 and 2018, and at the same time the leading location for the creation of Arabic content on the Internet.
Jordan has managed to build a relatively mature ecosystem of supporting institutions throughout a company’s life cycle, which has been a catalyst for its success. Global technology partners such as CISCO, Microsoft, Intel and Oracle were part of this cycle, in addition to several key players such as commercial banks, private equity, angel investors and accelerators. This has given the ecosystem an international flair: 20% of the entrepreneurs at Oasis500, one of the largest accelerators in Jordan, are not Jordanian!
#Jordan #Amman is growing into the regional #middleEast technology capital for start-ups hence #SmartAmman supported by Oasis500.
Congrats to our #Top30 Smart-ups: Mawdoo3.com Jamalon Tarjama Tamatem Inc. eon Dental 360VUZ – Teleporter ™ Altibbi Wahed Little Thinking Minds MadfooatCom Endeavor Jordan Aumet ArabiaWeather Inc. HyperPay arabot POSRocket Kharabeesh Floranow Solfeh Abjjad JEIA – Jordan Entrepreneurship & Innovation Association ViaVii Hello World Kids Nestrom Inc. whyise