Boost Your Startup: Singapore-Jordan Incubation Program Unveiled

The Singapore-Jordan Incubation Program has been launched to support Singaporean startups looking to venture into the Middle East and North Africa (MENA) region through Jordan. The program offers free co-working space, use of facilities, business matchmaking, networking opportunities, and assistance in obtaining permits and establishing a local presence.

Expanding Startups into MENA Region

Through the Singapore-Jordan Incubation Program, Singaporean startups can grow their businesses in Jordan and use the country as a springboard into the larger MENA region. The program provides participants with access to resources such as free co-working space, networking opportunities, and support with legal matters, including permits and establishing a local presence.

Why Jordan is a Strategic Location

Jordan is an attractive destination for Singaporean businesses looking to expand into the MENA region, thanks to its outstanding connectivity, political and social stability, and solid ROI potential. As a strategic location in the middle of three continents, Jordan offers extensive Free Trade Agreements with various locations, including Arab countries, EU, Singapore, Turkey, and the USA. Furthermore, the nation boasts a highly skilled and cost-efficient talent pool, especially in the ICT and renewable energy sectors.

BIGO Technology’s Role in the Program

Having established its presence in Jordan in 2019, BIGO Technology has experienced significant growth, increasing its employee count from 25 to 1,000 by the end of 2022. Leveraging their success in the region, BIGO aims to support other Singaporean businesses looking to enter the dynamic MENA market through the incubation program.

In conclusion, the Singapore-Jordan Incubation Program offers a valuable opportunity for startups to expand their ventures into the promising MENA region. With its strategic location, strong economic foundations, and the support of experienced players like BIGO Technology, Jordan is an excellent gateway for businesses looking to make their mark in this thriving market.

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Alex is a seasoned editor and writer with a deep passion for technology and startups. With a background in journalism, content creation, and business development, Alex brings a wealth of experience and a unique perspective to the ever-changing world of innovation. As the lead editor at Startup World, Alex is committed to discovering the hidden gems in the startup ecosystem and sharing these exciting stories with a growing community of enthusiasts, entrepreneurs, and investors. Always eager to learn and stay updated on the latest trends, Alex frequently attends industry events and engages with thought leaders to ensure Startup World remains at the forefront of startup news and insights. Alex's dedication and expertise help create an engaging platform that fosters knowledge-sharing, inspiration, and collaboration among tech-savvy readers worldwide.

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