Cementing its commitment to Jordan’s entrepreneurs and budding startups, Umniah has sponsored Endeavor’s DealMakers 2016 for the third year in a row. The annual event aims to elevate the conversation between investors and entrepreneurs on the importance of maximizing the investment opportunities in Arab startups. Umniah CEO Ziad Shatara said: “Because we believe that startups are the future of our national economy, the real engines of growth, and the solution to the Kingdom’s alarming unemployment issue, we supported this important event.” He added: “We also believe that if given the required support and opportunities, young Jordanian entrepreneurs have what it takes to compete on a regional and international levels.” Umniah’s sponsorship of the DealMakers 2016 event is part of its CSR initiatives and strategy to empower Jordanian entrepreneurs as well as small and medium sized enterprises. Umniah also hopes to boost investments in these businesses that face financial constraints, to create a competitive entrepreneurial ecosystem and incite critical thinking, resulting in more ICT-related innovations. Established in 1997, Endeavor is a global nonprofit organization that stimulates and supports high-impact entrepreneurs around the world. The organization, which is based in the United states and is present in 19 countries, lunched its operations in Jordan in 2009.
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