Jordanian Startups Invited To Join Aqaba Sword-Fish Fund (ASFF)

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The Aqaba Special Economic Zone Authority (ASEZA) has officially launched the first phase of the Aqaba Sword-Fish Fund (ASFF). This pioneering investment program, supported by the Aqaba Governorate Council and the Queen Rania Center for Entrepreneurship, is designed to transform promising startups into investment-ready ventures.

At a Glance

  • Opportunity Type: Investment Readiness & Accelerator Program
  • For: Entrepreneurs and startups looking to scale and secure funding
  • Key Benefits: Mentorship, business model development, digital transformation, and investor networking
  • Location: Aqaba, Jordan / PSUT Queen Rania Center for Entrepreneurship

ASFF Overview

The Aqaba Sword-Fish Fund (ASFF) is the first investment program of its kind in Aqaba, aimed at empowering the local entrepreneurial ecosystem. The program follows a comprehensive three-stage journey: Investment Readiness, Evaluation, and Investor Networking. It focuses on helping startups refine their value propositions and technical infrastructure to attract strategic partners and capital.

Key Benefits

  • Investment Readiness: Professional guidance on improving business models and investment pitches.
  • Digital Transformation: Support in integrating digital tools to enhance operational efficiency.
  • Expert Mentorship: Access to specialized mentors to navigate the growth stage.
  • Strategic Networking: Direct bridges to a network of investors and strategic partners for funding opportunities.
  • Evaluation: A formal assessment based on clear investment criteria to determine growth potential.

Eligibility Criteria

  • Company Status: Must be a legally registered entity (LLC, Private Shareholding, or Sole Proprietorship).
  • Documentation: Applicants must provide a valid Company Registration Certificate and registration number.
  • Growth Stage: The program is specifically targeted at “promising startups in the growth stage.”
  • Location: While focused on the Aqaba ecosystem, the program is a collaboration involving the Princess Sumaya University for Technology (PSUT).

How to Apply

Entrepreneurs should complete the online assessment form to determine their eligibility and fit for the program. You will be required to upload your registration documents and provide details regarding your company’s legal structure and current digital presence.

About Aqaba Special Economic Zone Authority (ASEZA)

The Aqaba Special Economic Zone Authority (ASEZA) is the administrative body responsible for the management, regulation, and development of the Aqaba Special Economic Zone. Through its Entrepreneurship Directorate, ASEZA works to foster a competitive investment environment and support the growth of small and medium-sized enterprises in Jordan’s only coastal city.

Learn More: ASFF Aqaba

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