Capital Bank has announced a strategic partnership with the Business Development Center (BDC) in Jordan to support the implementation of the “Green Innovation Links” project. The initiative, funded by the European Union, aims to build an inclusive green economy in the Azraq and Zarqa regions of the country.
By the Numbers
- 15: Emerging green initiatives led by youth that will receive initial funding.
- 2,200+: Participants, including Syrian refugees and local Jordanians, targeted by the broader project.
- 3: Key sectors of focus: Water, Energy, and Agriculture.
A Strategic Partnership for Green Entrepreneurship
This partnership is a significant step in Capital Bank’s efforts to support green entrepreneurship. The funding provided by the bank will be used to empower 15 emerging green initiatives led by young men and women from the targeted communities. This initial funding is crucial for establishing innovative projects based on circular and sustainable solutions in the water, energy, agriculture, and environment sectors.
Leadership on Sustainable Development
Toleen Barto, Head of Marketing and Corporate Communications at Capital Bank, commented on the initiative, stating, “At Capital Bank, we place sustainability and entrepreneurship at the heart of our social responsibility strategy. We believe that supporting emerging environmental initiatives not only contributes to protecting our natural resources but also serves as a real lever for economic growth and job creation.”
For his part, Omar Abu Shaqra, representing the Business Development Center (BDC), praised the leading role of Capital Bank, saying, “Through this partnership, we are unleashing new creative energies and consolidating the concepts of the circular economy in an environment that suffers from resource scarcity, which will bring sustainable benefits to the entire community.”
About the Green Innovation Links Project
The “Green Innovation Links” project is a comprehensive platform aimed at developing the technical and entrepreneurial skills of more than 2,200 participants from both the Syrian refugee and local Jordanian communities, with a special focus on women and youth. The project offers a series of certified training courses in fields such as organic farming, solar energy, and greywater management, in addition to incubating startups through intensive training and a green hackathon.
About the Partners
- Capital Bank: A leading financial institution in Jordan and the region, with a strong commitment to sustainability and entrepreneurship as part of its corporate social responsibility strategy.
- Business Development Center (BDC): A Jordanian organization dedicated to fostering economic development by supporting entrepreneurs and small businesses.
Source: Ammon News
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