JEDCO study on impact of support programme for 23 SMEs shows growth in exports

JEDCO study on impact of support programme for 23 SMEs shows growth in exports

AMMAN “” The indicators of an impact study for 23 industrial small- and medium-sized enterprises (SMEs) granted JD1.1 million in the first phase of the programme "Enhancing Industrial SMEs for Export“, implemented by the Jordan Enterprise Development Corporation (JEDCO), recently showed a JD8.8 million growth in exports.

An impact of JD8.2 as a return on the growth of the national exports was recorded for each Jordanian dinar as a contribution from JEDCO, according to the audited financial statements of the beneficiary SMEs, JEDCO said in a statement on Tuesday.

JEDCO's CEO Bashar Al Zoubi said that the study aimed at helping JEDCO to evaluate the work of the programmes it is launching and to study their impact on beneficiaries. 

It also allows the corporation to identify the challenges that may face beneficiaries and to work accordingly to overcome these challenges and enable beneficiaries in the future, Zoubi said in the statement.

According to Zoubi, the results of the study are "positive“ and indicate that JEDCO's support through the programme contributed to achieving growth rates in beneficiary SMEs, particularly in sales and exports and exceeding the standard growth rates according to international standards.

The main indicators of the study showed high rates, the statement said, notably