Date of Submission to Coordination Unit: GENERAL INFORMATION Activity Name Jordan's SME Growth Programme 2013-2015 Requestor Information Name:Ministry of Planning & International Cooperation Title:Minister Organization and Address:Ministry of Planning & International Cooperation, P.O.Box 555 11118 Jordan Telephone:+962 6 4644466/ 4649023 Recipient Entity Name:Jordan Enterprise Development Corporation JEDCO Title:Eng. Yarub Qudah -Chief Executive Officer Organization and Address:Jordan Enterprise Development Corporation – P.O. Box 7704 11118 Jordan Telephone:+ 962 6 5603507 Ext. 2062/2041 ISASC Representative Name:Julien SERRE Title: FEMIP Trust Fund Manager Organization and Address: European Investment Bank 100 Boulevard Konrad Adenauer Luxembourg L 2950 Telephone: +52 621 339 175 Email: j.serre@eib.org Type of Execution (check the applicable box) √ Type Endorsements Justification Country-Execution Attach written endorsement from designated ISA √ Joint Country/ISA-Execution Attach written endorsement from designated ISA Jordan/ JEDCO (the nationally mandated entrepreneurship, Startups and SME support institution) and EIB will build on their strong relationship of working jointly on promoting the development of SMEs. Given the expertise of EIB in the activities foreseen as well as EIB participation along other IFIs and private investors in SME dedicated funds for the MENA region, and expecting that growth SMEs benefitting from the Programme could receive investments from the existing or future
Results Framework and Monitoring Project Development Objective (PDO): PDO Level Results Indicators* Unit of Measure Baseline Cumulative Target Values** Data Source/ Methodology for Data Collection Description (indicator definition etc.) YR 1 YR 2 YR3 YR 4 YR5 Indicator One: a) Identifying, diagnosing and recruiting Startups and SMEs with growth potential motivated and committed to invest in development and innovation. b) No. of JEDCO Staff (Account Managers) trained a) No. Of Startups & SMEs 0 100 175 250 300 350 Quarterly Startups and SMEs Contractor Contractor & JEDCO b) No. of Staff Trained 0 5 10 15 25 25 Indicator Two: Providing internationally recognized and accredited, monitored and specialized business coaching service providers in of sustainable growth, competitiveness, technology, innovation and exports development. a) No. Of trained Business Coaches and Service Providers. 0 25 50 75 100 100 Quarterly JEDCO Contractor Service Providers International Service Certification Bodies Startups and SMEs Contractor & JEDCO b) Growth Impact of Services Delivered on Businesses. 0 10% 20% 50% 65% 75% c) Database at JEDCO 0 1 1 1 1 1 Indicator Three: Exclusively select and support high-growth companies, by implementing an exclusively advanced and intensive coaching Accelerator programme to support the aspirations of this exclusive of beneficiary companies. a) No. of exclusive high growth Startups & SMEs selected. 0 25 50 100 135 175 Quarterly JEDCO Contractor Providers International Service Certification Bodies Startups and SMEs Contractor & JEDCO b) Variety of tailored Days obtained. 0 10 20 30 40 50 Indicator Four: Establishing a Startups &SMEs Growth Observatory at Observatory 3-5 Trained 0 1 1 1 1 1 Quarterly JEDCO Contractor & JEDCO 0 3 5 5 5 5 Indicator Five: Providing a positive, supported and credible deal flow to the existing and future new funds and/or other investors. No. of Due Diligence Studies and generated Deal flows 0 No. will be established by the 2nd Year of project implementation. Quarterly JEDCO/EIB Jordan Capital for Growth Fund Impact Fund Contractor & JEDCO/EIB 0
Intermediate Result indicator 2: Offer Services to Startups & SMEs Within 6 months NA 50 100 150 200 250 Quarterly 1. Copies of communication listing the services offering to the MSME community. 2. Expressions of interest received from the MSME community. 3. Copies Services contracts to Contractor & JEDCO Intermediate Result (Component Three): Exclusively select and support high-growth companies, by implementing an exclusively advanced and intensive coaching Accelerator programme to support the aspirations of this exclusive group of beneficiary companies. Intermediate Result indicator 1: Identify & Engage With targeted Startups and SMEs Within 6 months NA 5 15 35 50 75 Quarterly 1. Applications of Interest from the MSMEs. 2. Assessment Reports of applicant MSMEs. 3. Copy of Agreement with MSME to commit to the support program. Contractor & JEDCO Intermediate Result indicator 2: Provide Tailored Services Within 6 months NA 3 7 15 20 35 Quarterly List of services provided and Time plan for execution. Contractor & JEDCO Intermediate Result (Component Four): Establishing a Startups and SMEs Growth Observatory at JEDCO Intermediate Result indicator 1: Establishing the Observatory Within 9 months 1 1 1 1 1 1 Quarterly JEDCO Board of Directors Decision to Establish and staff Observatory and integrate it in the Organizational chart as part of the Policy Department at the Cross Cutting Support Directorate. Contractor & JEDCO Intermediate Result indicator 2: Recruiting & Training Staff Within 9 months 2 3 4 5 5 5 Quarterly 1. Posts advertisement. 2. Shortlisted Candidates Interview reports. Contractor &
3. Staff Contracts. 4. training needs assessment reports. 5. Staff attendance of training programs. Intermediate Result (Component Five): Providing a positive, supported and credible deal flow to the existing and future new Funds and/or other investors. Intermediate Result indicator 1: No. of Due Diligence Studies Conducted. To Be Established NA NA Provisionally it would aim at supporting 10% of the high growth SMEs that will benefit from the Programme. Quarterly Copies of Due Diligence Studies. Contractor & JEDCO/EIB Intermediate Result indicator 2: No. of Successful Startups and SMEs that attract investments To Be Established NA NA Provisionally it would aim at supporting 10% of the high growth SMEs that will benefit from the Programme. Quarterly Copies of Investment agreements. Contractor &