1. MENA-OECD CONFERENCE DUBAI MARCH 2007
ENTERPRISE FINANCING
MENA-OECD CONFERENCE
DUBAI
MARCH 2007
11/9/2018
Dr.Rashad Othman, Jordan

2. Dr.Rashad Othman, Jordan
FACTS
WE ALL AGREE ON THE IMPORTANCE OF INVESTMENT AS A DRIVER FOR ECONOMIC DEVELOPMENT
THERE IS NO SHORTAGE OF CAPITAL FOR INVESTMENT, JUST THE ARAB CAPITAL AVAILABLE IS MORE THAN 3 TRILLION DOLLARS
SHORTAGE OF PROPER FINANCIAL PRODUCTS AND INSTRUMENTS
11/9/2018
Dr.Rashad Othman, Jordan

3. Dr.Rashad Othman, Jordan
FACTS
SME’s REPRESENT MORE THAN 97% OF COMPANIES
ACCOUNT FOR TWO THIRD OF JOBS
SIGNIFICANT SHARE OF THE VALUE ADDED
WE NEED 47 MILLION NEW JOBS BY 2012
WE ALL KNOW THE CHALLENGS, BUT THE IDEAL ENVIRONMENT MIGHT NOT COME SOON, SO WE ARE MOVING……..
11/9/2018
Dr.Rashad Othman, Jordan

4. Dr.Rashad Othman, Jordan
WE NEED TO DEFINE FINANCIAL NEEDS BETWEEN:
EXISTING SME
START UPS
NEW IDEAS/INNOVATION
11/9/2018
Dr.Rashad Othman, Jordan

5. Dr.Rashad Othman, Jordan
EXISTING SME’S
THEY DO NOT HAVE ACCESS TO THE FINANCE
NEGATIVE IMPACT ON GROWTH AND COMPETITIVNESS
LIMITED VALUE ADDED TO THE ECONOMY
11/9/2018
Dr.Rashad Othman, Jordan

6. Dr.Rashad Othman, Jordan
START UPS
ALSO DIFFICULT TO HAVE ACCESS TO FINANCE
PERSONAL RISKS
LIMITED GROWTH
11/9/2018
Dr.Rashad Othman, Jordan

7. Dr.Rashad Othman, Jordan
NEW IDEAS/INNOVATION
THEY NEED MORE SUPPORT SINCE IT IS STILL AN IDEA
FEW IDEAS MIGHT MATERIALISE INTO REALITY
11/9/2018
Dr.Rashad Othman, Jordan

8. Dr.Rashad Othman, Jordan
JORDAN REVIEW
GOVERNMENT ESTABLISHED TWO PROGRAMMES:
SUPPORT SME’S, UPGRADING THEIR CAPACITY & CAPABILITIES LEADING TO ACCESS TO FINANCE
INNOVATION CENTERS/INCUBATORS
TODAY THERE ARE 5 CENTERS, EACH HAS 5 INCUBATEES
IN COOPERATION AND HOSTED BY THE RESEARCH & EDUCATION INSTITUTIONS
DIVERSIFIED IN NATURE, FROM I.T, FOOD INDUSTRIES, INDUSTRIAL ..ETC
11/9/2018
Dr.Rashad Othman, Jordan

9. Dr.Rashad Othman, Jordan
SEED CAPITAL
EACH INCUBATEE CAN HAVE ACCESS TO UP TO 15,000 JD (+20K $)
TEAM OF EXPERTS ARE ASSIGNED TO THE PROJECT OWNER
USUAL TIME FRAME IS 6-12 MONTHS.
11/9/2018
Dr.Rashad Othman, Jordan

10. PRIVATE SECRTOR INCUBATORS
WE PRESENTLY HAVE NEW INNOVATIVE PROJECTS IN THE FIELD OF CLIMATE CHANGE AND RENEWABLE ENERGY:
WINDMILL PROJECT TO PRODUCE 60 MEGA WATT OF ELECTRICITY
BIOMASS PROJECT
BOTH QUALIFY FOR CDM, FINANCIALY SOUND AND NEEDS FINANCING
11/9/2018
Dr.Rashad Othman, Jordan

11. Dr.Rashad Othman, Jordan
RECOMMENDATIONS
ENABLING ENVIRONMENT FOR VENTURE CAPITAL THROUGH
NEW BY LAWS
INCENTIVES
ESTABLISHMENT OF INNOVATION FUND
PROMOTING THE INNOVATION CULTURE
STRENGTHENING RELATIONS WITH THE FINANCIAL SECTOR, CREATING SME’S FINANCING TEAMS
STRENGTHEN RELATIONS BETWEEN STAKEHOLDERS, INCUBATORS, BUSINESS ANGELS, FINANCE INSTITUTIONS, RESEARCH ..ETC
11/9/2018
Dr.Rashad Othman, Jordan