King Abdullah II Fund for Development

King Abdullah II Fund for Development

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Overview

Under the directives of His Majesty King Abdullah II bin Al-Hussein, the King Abdullah II Fund for Development was established to promote sustainable development in the country. In partnership with the public and private sectors, the Fund strives to implement development projects and initiatives, particularly in areas suffering from poverty and unemployment. As part of its ongoing efforts to optimally utilize human resources, the Fund provides training and professional development opportunities for Jordanian youth, reflecting His Majesty’s directives to activate the foundations of citizenship so that all citizens can participate in advancing the Kingdom’s comprehensive sustainable development goals. In an effort to transform challenges into opportunities, the Fund seeks to attract creative young talents, nurture their skills, and encourage entrepreneurship and innovation to prepare them for the job market and instill a sense of social responsibility.

Contribution to the Entrepreneurship Ecosystem

The King Abdullah II Fund for Development contributes to strengthening the entrepreneurship ecosystem in Jordan by building effective partnerships with specialized national institutions, aiming to provide a supportive and stimulating environment for entrepreneurs. These efforts include offering incubation and acceleration programs, providing co-working spaces, and implementing training, mentoring, and consulting programs that contribute to developing the capabilities of entrepreneurs and supporting the growth and sustainability of their projects.

Entrepreneurship Services Provided in Aqaba
  • Organizing events for entrepreneurs
  • Networking for entrepreneurs – as part of the Aqaba Entrepreneurship Network.
  • Financing (supporting small and medium-sized enterprises).
  • Support services (co-working spaces) within the Jordan Gaming Lab