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Jordan University of Science and Technology and the Manaseer Group Company for Industrial and Commercial Investments signed a memorandum of understanding to enhance cooperation in transforming creative ideas into realistic products and putting them on the market, supporting emerging companies and marketing them, and investing in patents, within the framework of the efforts of the university and the Center Excellence for Innovative projects in providing an environment that supports creativity in various industrial and service fields, and increasing their contribution to the gross domestic product.

The memorandum of understanding, which was signed on behalf of the university by the President, Prof. Khalid El-Salem, in the presence of the Vice President of the University, Prof. Ahmad Al-Ajlouni, Prof. Mona Abu Dalo, the Director of the Center of Excellence for Innovative Projects, Prof. Muhannad Quwaider, and on behalf of the company, the Chairman of the Board of Directors and CEO, Engineer Ziad Al-Manaseer and Engineer Wael Abu-Irmaileh is CEO of Manaseer Industrial Complex and a consultant in Manaseer Group, aims to create relationships with industry. In general, and with the industrial sector by coordinating to conclude cooperation agreements with investors and stakeholders, coordinating the marketing of emerging companies and helping to find new financing opportunities for them and investing in them through the business accelerator at the Center of Excellence for Innovative Projects. In addition to marketing companies with high economic value and finding suitable markets for them. To achieve a share in the labor market, and to finance companies registered in the Center's business accelerator, scientific research and emerging companies, as well as investing in economically viable and applicable patents officially registered through the Center of Excellence for Innovative Projects.

After completing the signing of the memorandum, a tour was conducted of the center's facilities, such as: the technological incubator, the activities hall, and the business accelerator, during which he was briefed on the available capabilities and services that the center provides on the ground.