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Irbid, June 2019: Under the patronage of HRH Princess Sumaya bint El Hassan, President of the Royal Scientific Society (RSS), Luminus ShamalStart - the leading business accelerator and seed investor in the north of Jordan - announced the launch of its second phase, underscoring its mission to empower makers, innovators and entrepreneurs across the Kingdom.
RSS, through its business incubator - iPARK, is a Luminus ShamalStart Partner managing the incubation aspect of the project. The official launch ceremony was attended by HE Johannes Hahn, EU Commissioner for European Neighbourhood Policy and Enlargement Negotiations, as well as investors and heads of associations and local incubators and accelerators.
In her keynote address, HRH Princess Sumaya said, “Luminus ShamalStarthas enriched the economic lifeblood of Irbid, Mafraq and beyond through the creation of potential-laden, innovative startups and by enabling the expertly-managed growth of existing SMEs. We have looked beyond mere job creation and sought to enable true wealth creation through innovative enablement. We have all helped to build careers that are worthy of the talents of our people, and we look forward to building on the accomplishments achieved in the first phase.”
Since its inception in 2016, EU-funded Luminus ShamalStart has received 3,500+ business ideas, trained 250+ teams, extended 20,000+ manufacturing hours through FabLab Irbid, incubated 100+ entrepreneurial projects, granted JOD 1.2 million in seed funding and generated 300+ job opportunities.
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About Luminus ShamalStart
Luminus ShamalStart - the leading business accelerator and seed investor in the north of Jordan - was launched by Luminus Education in 2016, in collaboration with the Royal Scientific Society as Partner and iPARK as Implementation Partner. Funded by the European Union, Luminus ShamalStart provides makers, inventors, innovators and entrepreneurs with a comprehensive ecosystem to transform their ideas into actual projects by offering them the tools and resources they need throughout their journeys. In tandem, Luminus ShamalStart grants access to a designated workspace - namely FabLab Irbid - which is part of the global Fab Lab network. One of the 20 largest digital fabrication laboratories in the world, FabLab Irbid is the first facility of its kind in Jordan, comprising advanced and easy-to-use equipment and tools that facilitate the production and market evaluation of almost any prototype, while lending insights and knowledge presented by a resident group of experts and specialists. Furthermore, Luminus ShamalStart delivers accelerator programs for entrepreneurs with either operating businesses or promising ideas - in the fields of service or manufacture - paired with specialized mentorship and technical support services, as well as funder and investor networking, in order for them to confidently navigate and penetrate the business world.
Inspired by and named after the north of Jordan - the geography in which it is headquartered - Luminus ShamalStart places special focus on supporting the people of Irbid and Mafraq, empowering them to unlock their creative potential and serve members of their communities. Since its launch, Luminus ShamalStart has accelerated over 100 entrepreneurial projects, trained more than 250 teams and extended above 20,000 manufacturing hours at FabLab Irbid, consequently generating in excess of 300 job opportunities.
This press release has been distributed by Bidaya Corporate Communications on behalf of Luminus ShamalStart.
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