Network Member
National Consortium for Technology and Business Incubation - iPark
Jordan
Incubator Overview
| Objectives |
-
Commercialize research
-
Create companies that export revenues
-
Create jobs
-
Develop profitable enterprises
-
Raise the awareness of potential entrepreneurs
The work program addresses the key issues of entrepreneurial culture in the region, especially in regard to facilitating enterprise start-ups, small and medium-sized enterprise (SME) finance and government networking. Following a government grant of $US 200,000 to establish the incubator, it aims to achieve financial self-sufficiency through a model of tenant rentals and revenue sharing. The primary objectives of the infoDev-funded work program are to connect the numerous activities in Jordan that relate to job creation through entrepreneur and small business development and support, to achieve success through coordinating the different efforts so as to reduce duplication and to increase know-how and knowledge through the following activities: - capturing lessons and know-how from member incubators and SME support programs of NATCTIB;
- revising and enriching these lessons using knowledge (training) gained through internships within successful international incubators;
- creating computer-based systems to monitor, evaluate, disseminate and facilitate best practices,
- lessons learned, successful procedures and knowledge among all members;
- improving awareness of NATCTIB’s services and the entrepreneurial process as a whole.
The consortium aims to achieve the following. - Increase the effective use of the existing RTD center’s resources in helping Jordanian entrepreneurs and start-up companies to succeed in their businesses, enhance their contributions to the national economy and provide job opportunities for the different categories of Jordanian labor force.
- Link entrepreneurs and start-up companies to technical and administrative know-ho and financing.
- Encourage economically viable cooperative and contractual projects (RTD) with the private sector.
- Promote and support valuing and commercializing RTD output.
|
| Description |
|
| Interests |
Current Interests of iPARK include helping in the establishment of the first Technology Park in Jordan which will be housed in the Royal Scientific Society Campus
Being a part of MENAinc. The middle East Incubator network
|
| Services |
-
Facilities: ICT services
-
Facilities: Office space
-
Facilities: Shared laboratories
-
Facilities: Shared workshops
-
Facilities: Special rates with service providers
-
Finance: Financial management training
-
Finance: Financial management/accounting services
-
Finance: Linkages to financiers
-
Finance: Seed Capital
-
Incubation and Business Development: Business information
-
Incubation and Business Development: Business management and development advisory services
-
Incubation and Business Development: Incubation program for non-resident clients (virtual incubation)
-
Incubation and Business Development: Incubation program for resident clients
-
Incubation and Business Development: Mentoring/coaching
-
Incubation and Business Development: Pre-incubation services
-
Incubation and Business Development: Training in business management
-
Networks and Synergy: Facilitation of linkages between incubates
-
Networks and Synergy: Networking events
-
Networks and Synergy: Referrals to business professionals
-
Technology Transfer: Help with intellectual property/patent advice
Other:
Finance: Access to national development grants
|
| Year Opened |
2003
|
| Type |
Government
(This incubator is associated with a technology park)
|
| Model |
Not-for-profit
|
| Sectors |
-
Information and Communication Technologies
Other:
|
| Target Population |
|
| Advocacy |
This organization actively works to improve innovation and entrepreneurship policy and regulation
|
Videos
Success Stories
Featured Tools
Incubator Statistics
| Space |
|
|
Business Incubator |
Technopark |
| Buildings |
0
|
0
|
| sq.m. available in total |
750
|
0
|
| sq.m used for incubator services/admin |
100
|
0
|
| sq.m. rented by client firms |
650
|
0
|
Note: We do not offer rental space (virtual incubator)
|
| Clients |
| |
Business Incubator |
Technopark |
| |
On-Site |
Off-Site |
|
| Number of client firms |
6
|
0
|
0
|
| Number of employees in client firms |
40
|
10
|
0
|
|
| Graduation |
| |
Last Year |
Total* |
| Number of graduated firms |
4
|
12
|
| Number of employees in graduated firms |
30
|
100
|
| Companies still in operation 3 years after graduation |
11
|
11
|
*since beginning of incubator operation
Note: Does not keep track of the companies graduated
Note: Does do not use a graduation model for our incubator
Note: Is in regular contact with (most of) the graduated firms
|
|