NAFES began operations in 2001 subsequent to a study conducted by the Japan International Cooperation Agency (JICA) looking into the sustainability and needs of SMEs and the private sector at large. Their findings concluded that support for SMEs was needed to provide an access point for quality business advisory services. They created a counterpart-funding vehicle for the Jordanian Government to use through the Higher Council for Science and Technology (HCST) to build NAFES.
NAFES is governed by a Supervisory Board consisting of members from both the public and private sectors. It is by leveraging JICA’s initial investment that NAFES has assisted over 600 enterprises and contributed over JOD 3 million to a variety of training programs.
NAFES looks towards an alliance of national efforts to enhance the role of SMEs in the advancement of the Jordanian economy
NAFES will drive efforts to strengthen support for SMEs by subsidizing accredited consultant fees for management projects and training programs.
Assist Jordanian SMEs to become locally and internationally more efficient and competitive.
Assist growing SMEs in the industry and services fields access the business advisory resources they need.