Umniah, Plug and Play establish Joint Accelerator

The agreement wants to enhance cooperation between Jordan and the United States
His Majesty King Abdullah II visiting Plug and Play tech Center.
His Majesty King Abdullah II visiting Plug and Play tech Center.

Share

A new agreement to extend Umniah’s support to emerging technology companies in Jordan has been signed between Umniah and Plug and Play, one of the largest business accelerators worldwide based in Silicon Valley.

The agreement will facilitate cooperation and enhance the international presence of Plug and Play in Jordan by establishing a joint accelerator centre. It also aims to acquire a new path to support start-ups and emerging technology companies in addition to bridging the gap between Jordan-based companies and the United States.

Ihab Hinnawi, CEO of Umniah, and Saeed Amidi, CEO of Plug and Play, signed the agreement during His Majesty King Abdullah II visit to the United States. The agreement aims to establish a mutually beneficial acceleration centre that will enhance relations between the two sides.

Hinnawi said: “The extended agreement between Umniah and Plug and Play is of great significance as it helps link local startups to international investors and gives them industrial guidance. The move further increases the chances of their success in Jordan’s ICT sector.”

Amidi added: “This joint initiative with Umniah builds on our other international initiatives in Germany, Brazil, Spain and other locations around the world. The extended agreement between Umniah and Plug & Play compliments the great achievements already made between the two sides and will continue to help boost our presence in Jordan.”

Umniah also confirmed that the recent signing compliments the past acceleration programs organised between the two sides and in partnership with int@j and the US Agency for International Development (USAID) in Jordan.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story