Singapore based technology firm, BIGO Technology (BIGO), unveiled its Singapore-Jordan Incubation Programme at the Global Connect@SBF (Singapore Business Federation) event – Globally Ready In An Open World on 21 June 2023.
The Singapore-Jordan Incubation Programme aims to support Singaporean startups looking to venture into the Middle East and North Africa (MENA) region through Jordan. Through the Programme, Singaporean startups can receive free co-working space, use of facilities in the BIGO office for up to six (6) months, free business matchmaking and networking opportunities, as well as assistance in employment permits and establishing a local presence in Jordan.
Jordan is a strategic location for Singaporean businesses looking to expand into the MENA region as it offers the following benefits:
1) Connectivity:
Jordan is strategically located in the middle of three (3) continents – allowing businesses to grow in Jordan while leveraging the Kingdom as a springboard into the larger MENA region. Jordan has extensive Free Trade Agreements with various locations; including Arab countries, EU, Singapore, Turkey and USA.
2) Stability
Jordan is heralded for its strong political and social stability. It is led by a government that maintains an open, inclusive and multicultural community.
3) Return of Investment
Jordan is currently ranked second in the Middle East on Investment Freedom and Trade Freedom Indexes. The Kingdom has a highly skilled and cost-efficient talent pool in the ICT and renewable energy sectors.
BIGO established its presence in Jordan in 2019 and has grown from 25 employees to 1000 by the end of 2022. Experiencing the tremendous opportunities in Jordan, BIGO strives to provide support for Singaporean businesses looking to enter Jordan and the wider MENA region.
