Incubation in Lebanon & Success ModelMaroun N. Chammas

Chairman

Why is Lebanon a breeding ground for entrepreneurship?

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Lebanon’s Strengths

Talent Pool

Competitive Higher Education Strong Private Sector

Emerging Regional Economy

LEBANON’S PRIVATE SECTOR DRIVEN BY A POOL OF TALENTED WORKFORCE SUPPORTED BY STRONG

REGIONAL GROWTH

Multilingual, entrepreneurial, sophisticated talent with international exposure

With established regional players in knowledge industries

Substantial number of private sector players and NGOs supporting ’knowledge' industries

Leading universities with various relevant faculties & disciplines in the tech fields

SME LANDSCAPE

400 – 500 company created / month => 10% never make it

80% in Beirut & Baabda

Src: K. Masri

SME LANDSCAPE (2)

Src: K. Masri

ECOSYSTEM & TIMELINE

INCUBATORS

 Berytech

Tech.  

Berytech Tech & Health   BIAT   SouthBic

Facilities 5000sqm   3500sqm   600sqm   5000sqm

               

               

               

Jobs created   500     n/a   120

               

               

               

Entrepreneurs Supported   150     450   50

               

               

               

Current Companies Hosted 31   37   22   12

               

               

               

Mission of Berytech

Contribute to the development of the economy by helping Entrepreneurs set up, develop& grow their business in a conducive environment

Create new jobs and Limit ‘brain drain’ from Lebanon & Reverse migration

Currently hosting over 65 companies focused KBI

Berytech as a breeding ground for Innovation

Berytech Technology Pole

2002

Berytech Technology Pole

2002

BerytechTech & Health

2007

BerytechTech & Health

2007

Berytech Tech Pole

LocationFaculty of Engineering - Campus of Science & Technology

Total cost : 5.5M$Total Build up area: 8,000 m2Total offices space: 3,000 m2Total common area : 5,000 m2

Incubation & Business hosting spacesVideoconference auditorium & Training Center - Conference roomsCafeteria/restaurant/food court Business center / Exhibition hall

Berytech scalPrivate shareholders1M$ startup capital

Berytech Tech & Health

Created: 2007 – Innovation Campus Promoter: Saint-Joseph University + 3 NGOsTotal cost : 3.5M$2 EU Grants totaling €1.5MTotal Built-up area: 4,000 m2Total offices space: 2,500 m2Videoconference facilityTraining Center - Conference rooms Common areas:

cafeteria/restaurantbusiness center, lounge

Support Services

Project maturity

Projectsholders

Start up

Mature SME

IncubatorHot Desks15-30sqm

Nursery/Accelerator45-70sqm

Company Hosting90-200+sqm

Type of hosting

Service offered

Project assessmentIdeas elaboration

Rough business planEntrepr. training

Business counsellingHelp with technology Business plan to get

financeIncubation grants

Networking Help in financing

ClusteringInnovation mngmtInternationalization

Conducive Environment

Hassle-free quality environment

24/7 electricity – UPS - telephone lines - Internet access, parking, security, Maintenance and Janitorial service - Reception and Secretarial service

Hi-tech environmentVideoconferencing, training & documentation center

Near-by Technological Platforms

Access to Programs

Internet Exchange Point

Hosting and managing the first and only co-located IXP in Lebanon

Accreditations

First full EBN member with EU-BIC (Business Innovation Center) label in MENA since 2006

SOFTLANDINGMATCHMAKINGEUROEXPOBUSINESS BOOSTING

Funding for Tech Startups

• Started 2008• Seed Capital Fund• $6M of which $3.3M invested to

date• Investments from $100K to $1.2M• Shareholders

– 2 multinationals: Cisco & Intel – Leading Lebanese ICT companies– 5 banks

• 7 investments closed

Key Figures

• 150 entities hosted• 80 entities graduated• 550 jobs created• 200 entrepreneurs trained• $450K in grants

Contacts

www.berytech.orgMkalles, Lebanon

Tel: +961 4 533040Fax: +961 4 533070

bth.berytech.orgBeirut, Lebanon

Tel: +961 1 612500Fax: +961 1 611005

www.berytechfund.orgMkalles, Lebanon

Tel: +961 4 533040Fax: +961 4 533070