Jordan has 1 city in the top 1000 and is one of Middle East’s best countries for setting up a startup.
Since 2023, Jordan lost 2 spots in the Global Startup Ecosystem Index, having now positioned itself as 68th worldwide.
Jordan prides itself on a high level of entrepreneurial activity. The country has nurtured several successful startups, such as Arabia Weather, Abjjad, and the promising enterprises of MonoJo, Mawdoo3, and Tamatem. These successes are in part due to multiple incubators, accelerators, and investment programs available.
For instance, Jordan is home to Oasis500, Innovative Jordan, and the Innovative Startups Fund Project from the World Bank, all working to facilitate startup and small business registration processes, celebrate local innovators, and encourage Arab and foreign investors to pour capital into Jordan’s startup ecosystem. The capital city of Amman hosts the Jordan Startup Expo, which is participated in by startups, private sector organizations, government representatives, and other ecosystem stakeholders. The country is also enjoying the presence of a talented team from Response Innovation Labs and their ongoing support of local entrepreneurs. Despite this massive startup support network, entrepreneurs are discouraged by high tax rates and investment barriers. However, the public sector has been active in reducing the red tape and enacting laws to promote investment. In this respect, the country has VC companies like Propeller Inc., Al Arabi Investment Group Co., Amwal Invest PLC, and AdamTec that help startups scale.
Political stability and a strategic location are great assets for Jordan. The country’s main challenge will be to make its most ambitious and talented entrepreneurs stay and develop their startups in Jordan. With the active support of the government, the startup scene can flourish in the coming years and produce more success stories.
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Jordan is ranked within the top 100 startup ecosystems globally.
Jordan’s startup scene is best represented in Social & Leisure, Ecommerce & Retail, and in and Fintech.
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 218th + 32 | 2.425 | 00.00 | 00.00 | 00.00 |
On our map, you can explore a total of 15 startups for Social & Leisure.
In Middle East, Jordan's Ecommerce & Retail is in top 60. Jordan has a concentration of about 11 of the region's total Ecommerce & Retail startups that are represented on our map.
Jordan's Fintech is ranked 67th in the world. Our database contains 8 for this industry.
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