Jordan- ISSF extends $250k to CORE@HTU Incubator and Accelerator – MENAFN.COM

Jordan- ISSF extends $250k to CORE@HTU Incubator and Accelerator – MENAFN.COM

(MENAFN - Jordan News Agency) Amman, Mar. 27 (Petra) -- The Innovative Startups and SMEs Fund (ISSF) - the largest investment fund of its kind in Jordan - has provided financial support worth USD 250, 000 to the CORE@HTU incubator and accelerator, a component of the Center for Innovation and Entrepreneurship Excellence (CIEE) of the Al Hussein Technical University (HTU). In a statement on Saturday, the ISSF said the grant is aimed at elevating the incubator's operations to better assist technology startups. Delivered as of February 2021 over a duration of two years, this step underscores the mission of the ISSF to promote a fundamental shift within the local entrepreneurial and innovation landscape. The CORE@HTU serves as a prime example of a university-based incubator and accelerator, achieving promising results and engaging with national and global partners. With the commitment of the ISSF, the CORE@HTU will be able to further develop, validate, modify and scale its models, consequently steering other educational institutions towards more creative, dynamic, responsive and investment focused forms of entrepreneurial support. The collaboration will also allow the CORE@HTU to build on its initial success with regards to creating jobs, growing 21st century skills and technologies, increasing mobilization of