Amman – Al Hussein Fund for Excellence signed a cooperation agreement with the National Agricultural Research Center, aimed at incubating projects that have won the Fund's awards in the field of agriculture and food security.
The agreement was signed by the Fund's General Director, Dr. Ali Yaghi, and the General Director of theNational Agricultural Research Center, Dr. Ibrahim Al-Rawashdeh.
This agreement complements the Fund's awards in the field of agriculture and food security, with winners receiving 25% of the award value in cash, and the remainder to be paid through the incubation process at the National Center for Agricultural Research, to develop their projects and transform them into viable and launchable entrepreneurial initiatives.
These awards come within the framework of supporting and promoting national creativity and highlighting projects that have real opportunities for growth and transformation into start-ups, especially in a vital sector such as agriculture.
Under the agreement, the Al Hussein Fund undertakes to provide financial support after following a financial and technical plan that has been studied and approved by the Center.
The National Center is also committed to providing the necessary technical and technological support to the incubated projects, harnessing the resources required for their development, as well as supervising and following up during the incubation period to ensure their success and sustainability.
The winning projects to be incubated under this agreement include:
- The “Bitmos” project for growing mushrooms from organic waste.
- The “Izzarani” project for producing environmentally friendly agricultural containers.
- The smart irrigation technology project.
- The “Camelira” project for producing camel milk.
- It is worth mentioning that three other winning projects were incubated at the universities that submitted them, namely:
- A project for breeding and using the predator Sterthorus sp to combat the two-spotted spider mite.
- A project for detecting red palm weevil infestation using remote sensing techniques.
- A project for manufacturing environmentally friendly fertilizers using nanotechnology and hydrogel.