Under the patronage of HE the Prime Minister, the newly developed Home-Based Businesses (HBBs) regulatory framework was launched on Thursday the 19th of October with participation of over 200 individuals representing the various stakeholders of government entities, private sector, businesses development services, INGOs and municipalities.
The event commenced with opening remarks from Mr. Lewis Tatem USAID mission in Jordan followed by speeches from HE the Mayor of Greater Amman Municipality (GAM), the Secretary General of Ministry of Municipal Affairs (MoMA) and HE the Minister of Industry, Trade and Supply (MoITS) - representing HE the Prime Minister. Mr. Rashad Bibars then delivered a comprehensive overview of USAID LENS interventions to support HBBs as well as the interlinkages of the various components of the project such as the link to adventure tourism and transportation. In his speech, Mr. Rashad Bibars USAID LENS chief of party mentioned that LENS has reached over 1,500 HBBs, 346 of which received support from microfinance institutions, and 303 of which formed new linkages and business partnerships. And based on a research funded by USAID Jordan, home-based businesses, when formalized, can contribute 10 million JOD directly and 40 million JOD indirectly to the Jordanian economy every year. The new regulations will have a positive impact on more than 12,000 home-based businesses in Jordan.