Venture Lab

Overview

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The PSUT Venture Lab is a hub for innovation and entrepreneurship, empowering students, alumni, faculty, and staff to transform ideas into successful, tech-driven startups. Through structured mentorship, hands-on training, and access to funding, we support aspiring entrepreneurs on their journey from concept to market-ready venture.

The program includes an intensive boot camp delivered by the Queen Rania Center for Entrepreneurship (QRCE) and leading industry experts, along with weekly guidance from the Entrepreneur-in-Residence (EIR) Office. The program is managed by PSUT’s Project Management Office (PMO) to ensure structured progress and measurable outcomes.

The program offers funding up to 10,000 JOD per project, with up to 10 projects selected annually.

What do we Offer?

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Seed funding to support early-stage development
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Entrepreneur-in-Residence (EIR) Mentorship
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Project Management Support
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Structured incubation through iPark

Who can Apply

Students

Faculty

Alumni

Staff

Is PSUT Venture Lab Right for You?

  • You are building a technology-based solution that solves a real problem.
  • You are ready to commit time and effort beyond just an idea phase.
  • You are open to feedback, mentorship, and iteration to improve your project.
  • You want to scale beyond a student project into a sustainable business.

The Entrepreneural Journey

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In Numbers

10,000 JOD

Total Seed Funding Awarded per Project

10+

Tech Startups Funded

10,530 JOD

Average Value of Support Services per Project

500+

Entrepreneurs Mentored

*All mentorship, office space, and boot camp services are provided at zero cost to Venture Lab Projects.

Meet Our Team

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Dr. Firas Alghanim

Program Manager

f.ghanim@psut.edu.jo

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Sari Awwad

Entrepreneur in Residence

Book your session here

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Stefany Alabbadi

Program Officer

s.alabbadi@psut.edu.jo

Applications & Next Steps

Interested in joining the PSUT Venture Lab?

Apply Here.

For more information, contact the Venture Lab team.

FAQ

No! You can apply with just an idea. The program is designed to help you develop, refine, and turn your idea into a real startup.

You can apply either individually or as part of a team.

No prior experience is required. The program is designed to support beginners as well as those with experience.

Venture Lab only takes 5% of your profits. That’s it — no equity, no hidden fees. You stay in full control of your startup, and we succeed only when you succeed.

Venture Lab provides fully funded support services that would normally cost thousands of Jordanian Dinars. As a participant, you receive:
  • 1:1 Mentorship with experienced Entrepreneur-in-Residence (Typically valued at 5,000+ JOD — free through Venture Lab)
  • Bootcamps & Training Programs (Workshops and structured guidance to help you build and scale)
  • Access to Facilities, Resources & Network at QRCE (Valued at approximately 5,530 JOD/year — free for Venture Lab teams)
  • Funding Support up to 10,000 JOD (Distributed across different stages of your startup journey)

All of this is provided at no cost to you as a founder, in exchange for the 5% profit share.