国际英语资讯:World Bank launches 50 mln USD project to support entrepreneurship in Jordan
<p><span word="AMMAN">AMMAN</span>, <span word="June">June</span> 24-- <span word="The">The</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="on">on</span> <span word="Saturday">Saturday</span> <span word="launched">launched</span> <span word="a">a</span> <span word="new">new</span> <span word="project">project</span> <span word="to">to</span> <span word="promote">promote</span> <span word="entrepreneurship">entrepreneurship</span> <span word="in">in</span> <span word="Jordan">Jordan</span> <span word="by">by</span> <span word="providing">providing</span> <span word="critical">critical</span>, <span word="early">early</span> <span word="stage">stage</span> <span word="financing">financing</span> <span word="to">to</span> <span word="the">the</span> <span word="small">small</span> <span word="and">and</span> <span word="medium">medium</span> <span word="enterprises">enterprises</span> (<span word="SMEs">SMEs</span>) <span word="that">that</span> <span word="have">have</span> <span word="proven">proven</span> <span word="to">to</span> <span word="be">be</span> <span word="the">the</span> <span word="engines">engines</span> <span word="of">of</span> <span word="job">job</span> <span word="creation">creation</span>.</p><p><span word="The">The</span> 50 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="project">project</span> <span word="aims">aims</span> <span word="to">to</span> <span word="support">support</span> <span word="over">over</span> 200 <span word="innovative">innovative</span> <span word="start">start</span>-<span word="ups">ups</span> <span word="from">from</span> <span word="across">across</span> <span word="the">the</span> <span word="country">country</span>, <span word="with">with</span> <span word="the">the</span> <span word="establishment">establishment</span> <span word="of">of</span> <span word="a">a</span> <span word="private">private</span> <span word="sector">sector</span> <span word="managed">managed</span> <span word="funding">funding</span> <span word="facility">facility</span>, <span word="the">the</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="said">said</span> <span word="in">in</span> <span word="a">a</span> <span word="statement">statement</span>, <span word="a">a</span> <span word="copy">copy</span> <span word="of">of</span> <span word="which">which</span> <span word="was">was</span> <span word="obtained">obtained</span> <span word="by">by</span> <span word="Xinhua">Xinhua</span>.</p><p><span word="The">The</span> <span word="Innovative">Innovative</span> <span word="Startups">Startups</span> <span word="Fund">Fund</span> <span word="Project">Project</span> <span word="will">will</span> <span word="help">help</span> <span word="launch">launch</span> <span word="the">the</span> "<span word="Innovative">Innovative</span> <span word="Startups">Startups</span> <span word="and">and</span> <span word="SMEs">SMEs</span> <span word="Fund">Fund</span>" (<span word="ISSF">ISSF</span>).</p><p><span word="The">The</span> 50 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="investment">investment</span> <span word="from">from</span> <span word="the">the</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="will">will</span> <span word="be">be</span> <span word="complemented">complemented</span> <span word="by">by</span> 49 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="in">in</span> <span word="co">co</span>-<span word="financing">financing</span> <span word="from">from</span> <span word="the">the</span> <span word="Central">Central</span> <span word="Bank">Bank</span> <span word="of">of</span> <span word="Jordan">Jordan</span>, <span word="bringing">bringing</span> <span word="the">the</span> <span word="total">total</span> <span word="working">working</span> <span word="capital">capital</span> <span word="of">of</span> <span word="the">the</span> <span word="ISSF">ISSF</span> <span word="to">to</span> 99 <span word="million">million</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>.</p><p><span word="Along">Along</span> <span word="with">with</span> <span word="providing">providing</span> <span word="early">early</span> <span word="stage">stage</span> <span word="financing">financing</span>, <span word="the">the</span> <span word="new">new</span> <span word="fund">fund</span> <span word="will">will</span> <span word="encourage">encourage</span> <span word="entrepreneurship">entrepreneurship</span> <span word="across">across</span> <span word="the">the</span> <span word="country">country</span> <span word="with">with</span> <span word="outreach">outreach</span> <span word="to">to</span> <span word="entrepreneurs">entrepreneurs</span> <span word="from">from</span> <span word="lagging">lagging</span> <span word="regions">regions</span>, <span word="underserved">underserved</span> <span word="industries">industries</span> <span word="and">and</span> <span word="underserved">underserved</span> <span word="groups">groups</span> <span word="such">such</span> <span word="as">as</span> <span word="women">women</span> <span word="entrepreneurs">entrepreneurs</span>.</p><p>"<span word="Jordan">Jordan</span>'<span word="s">s</span> <span word="business">business</span> <span word="ecosystem">ecosystem</span> <span word="is">is</span> <span word="relatively">relatively</span> <span word="well">well</span> <span word="developed">developed</span>. <span word="There">There</span> <span word="is">is</span> <span word="no">no</span> <span word="lack">lack</span> <span word="of">of</span> <span word="innovative">innovative</span> <span word="and">and</span> <span word="creative">creative</span> <span word="ideas">ideas</span>. <span word="However">However</span>, <span word="startup">startup</span> <span word="creation">creation</span> <span word="is">is</span> <span word="low">low</span> <span word="due">due</span> <span word="to">to</span> <span word="some">some</span> <span word="barriers">barriers</span> <span word="in">in</span> <span word="the">the</span> <span word="business">business</span> <span word="environment">environment</span> <span word="and">and</span> <span word="access">access</span> <span word="to">to</span> <span word="finance">finance</span>," <span word="said">said</span> <span word="Kanthan">Kanthan</span> <span word="Shankar">Shankar</span>, <span word="Acting">Acting</span> <span word="Director">Director</span> <span word="of">of</span> <span word="the">the</span> <span word="World">World</span> <span word="Bank">Bank</span> <span word="Middle">Middle</span> <span word="East">East</span> <span word="Department">Department</span>.</p><p>"<span word="This">This</span> <span word="project">project</span> <span word="puts">puts</span> <span word="in">in</span> <span word="practice">practice</span> <span word="the">the</span> <span word="very">very</span> <span word="first">first</span> <span word="recommendation">recommendation</span> <span word="of">of</span> <span word="the">the</span> <span word="Jordanian">Jordanian</span> <span word="Economic">Economic</span> <span word="Policy">Policy</span> <span word="Council">Council</span> <span word="to">to</span> <span word="set">set</span> <span word="up">up</span> <span word="a">a</span> <span word="fund">fund</span> <span word="to">to</span> <span word="facilitate">facilitate</span> <span word="financing">financing</span> <span word="to">to</span> <span word="innovative">innovative</span> <span word="startups">startups</span> <span word="and">and</span> <span word="SMEs">SMEs</span> <span word="in">in</span> <span word="an">an</span> <span word="effort">effort</span> <span word="to">to</span> <span word="increase">increase</span> <span word="the">the</span> <span word="level">level</span> <span word="of">of</span> <span word="startups">startups</span> <span word="with">with</span> <span word="high">high</span>-<span word="growth">growth</span> <span word="potential">potential</span>."</p>
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