Scalemashreq Program in Jordan- Extending Business Support to Tech and Tech- Enabled... Tender

Procurement Summary

Country : Jordan

Summary : Scalemashreq Program in Jordan- Extending Business Support to Tech and Tech- Enabled Startups

Deadline : 19 Dec 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 111939079

Document Ref. No. : 0002012857

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

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Tender Details

OverviewIFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to improve people-s lives as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.The development of a vibrant private sector is central to promoting economic growth and creating opportunities for the poor. Sound and efficient markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth.The Country Advisory and Economics (CAE) unit is part of IFC-s strategic approach to deliver on its capital increase commitments with expanded development impact on the ground through increased high-quality private sector investment opportunities and client support. CAE works proactively to contribute to creating market conditions for increased IFC and private sector investments overall within IFC client countries. Crucial to this process is CAE-s work to reform markets and strengthen capacity to address key bottlenecks to private sector engagement and investment.CAE launched ScaleMashreq, an entrepreneurship advisory program in the Mashreq region (namely Iraq, Jordan, and Lebanon) that facilitates the creation of a pipeline of startups in key sectors with a strong focus on women, youth, and forcibly displaced people (FDPs). The program includes growth stage tech and tech-enabled startups who would need support to expand and grow their products/services and improve their market outreach. To achieve this, CAE works with implementing partners to provide support to startups through acceleration and tailored technical ...

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