mr. maroun chammas' presentation at qitcom 2011
DESCRIPTION
QITCOM 2011May 24 | DAY 1 | INNOVATETRANSCRIPT
Incubation in Lebanon & Success ModelMaroun N. Chammas
Chairman
Why is Lebanon a breeding ground for entrepreneurship?
Text Text Text Text
Text Text
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