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Today: November 5, 2024
February 13, 2024
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Jordan’s Innovation Fund Pours $5M into MSA Novo: A Gamechanger

Jordan’s Innovation Fund, the Innovative Startups and SMEs Fund (ISSF), has invested $5 million in MSA Novo, a MENA-focused fund operating under MSA Capital. The investment highlights ISSF’s commitment to supporting promising Jordanian startups and enhancing the local entrepreneurial ecosystem. Mohammed al Muhtaseb, CEO of ISSF, praised MSA Novo for its track record in scaling innovative startups and its dedication to the Jordanian ecosystem. Ben Harburg, Managing Partner at MSA Novo, expressed gratitude for ISSF’s early support and acknowledged the institution’s role in fostering Jordan’s technology and entrepreneurship ecosystem. This investment provides crucial financing for Jordanian startups to expand and succeed in the global market, contributing to innovation, job creation, and economic growth in Jordan.

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