fbpx
lebanon
Startup
Ecosystem

With the initiation of Government Funding Programs such as the Circular 331 back in 2014, the past 5 or so years as seen a rise in entrepreneurship in Lebanon. Despite a still maturing Startup ecosystem, there are many support entities, events and startups making an impact. We take a look at some of the main players in the Lebanese Startup Ecosystem.

Funding

Middle East Venture Partners (MEVP)

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs in the Middle East Region with a focus on the GCC and Levant countries. The MEVP group operates from a number of jurisdictions including Dubai and Beirut.

Leap Ventures

 

Leap Ventures is a tech-focused entrepreneur-led venture capital firm that operates in MENA and Europe, seeking to actively partner with entrepreneurs with innovative ideas in order to quickly accelerate and scale their vision and operations globally.  

B&Y Venture Partners

B&Y Venture Partners are a venture capital firm that is MENA-based and invests globally, B&Y Venture Partners provides investments to startups from their seed stage to growth. They invest in visionary and high-impact founders that aim to create or transform markets. In addition to funds, they provide resources, mentorship, global connections, business development, recruitment, partnerships, and market strategies. 

Saned Partners

Saned Partners is an independently managed Venture Capital fund, aiming to nurture early-stage companies in the MENA region into growth and profitability

Zoomal

Zoomaal is a reward-based crowdfunding platform for innovators to promote their ideas to the Arab world and receive funding. 

Emerging Investment Partner (EIP)

EIP invests in significant minority stake or a controlling stake in a range of companies, mainly those specialized in consumer-driven sectors resilient to economic cyclicality.

EIP is uniquely positioned to provide long-term growth capital to high-potential & successful companies in MENA due to its extensive knowledge of the industry, a large network of supporters including reputable anchor investors, and a strong commitment to the highest ethical standards.

Phoenician Funds

Phoenician Funds is at the heart of thriving capitals of digital innovation and startup ecosystems in the Middle East and North Africa Region. We are seasoned advisors, devoted problem solvers and serial entrepreneurs, who share a passion for technology and proactively seek opportunities in sectors that are ripe for disruption. They focus on seed and early stage companies operating in Fintech and other attractive sectors in MENA

Accelerators / Incubators

Berytech

Initiated in 2002 by the Saint-Joseph University, Berytech provides a dynamic environment for the creation and development of startups fostering innovation, technology and entrepreneurship.

They offer the right ecosystem for innovative entrepreneurs to create and develop their own startups and SMEs, through research, incubation, business support, networking, mentoring, funding, access to markets, company hosting, and acceleration.

 

Speed

Speed@BDD is a Beirut-based startup accelerator that invests cash in top-tier companies in the MENA region. It accepts startups at the idea and early stage, and is tasked with producing the region’s next high-growth businesses, particularly in the software, digital, and Web/mobile industries. Speed@BDD is a collaborative effort between Lebanon’s leading investment funds and entrepreneurship support organizations (Bader, Berytech, IM Capital, Lebanon for Entrepreneurs, Middle East Venture Partners)

UK Lebanon Hub

The Tech Hub exists to grow the Lebanese local economy & connect the startups to global markets. They run programs for businesses, partners & universities to help teams build solutions & grow their business. They also connect Lebanese startups with investors across global markets to raise funds & drive their success.

Flat6Labs

Flat6Labs is a startup seed program and early stage fund designed to empower entrepreneurs to develop and scale viable companies in a short period of time.

They offer between $30,000 and $15,000 in seed funding, & $150,000 to $500,000 in early stage funding n return for 10-15% equity in your company. They provide 4 months of shared office space, 14 weeks of mentorship, over 50 sessions of training and coaching 

Startecheus

Startecheus is a next-generation FinTech studio that builds technology-enabled companies empowering
the financial services industry from the concept to growth stages,  while assisting and mentoring
throughout their entire life cycle, leading to a successful exit in international commercialization.

Pitchworthy

Pitchworthy is a productivity tool for teams, startups, and entrepreneurship support organizations. Acting as an accelerator or pre-accelerator program, it holds pitch competitions, bootcamps, or intrapreneurship programs. 

Park Innovation

Park Innovation is the Chouf’s distinctive tech community space with several unique streams including acceleration program, incubation, coding bootcamp, as well as resources including coworking space, access to funding, and research and development support!

Angel Investors

Middle East Angel Investment Network

The Middle East Angel Investment Network (MAIN) is an alliance of the leading angel investment networks across the MENA region. Together, these groups have a combined membership base of over 400 individual angel investors who regularly invest financial and intellectual capital in some of the most promising early stage companies in the region. MAIN aims to promote angel investing across the region, to facilitate the syndication and flow of deals between its members and to provide a platform for training and exchange of best practice.

Education

Universite St Joseph

As Lebanon’s oldest and main French medium university, it is ranked as the 2nd best university in the country. It initiated Berytech in 2002, shaping the tech and innovation scene in the region.

Lebanese American University

LAU is an accredited American university operating in Beirut and Byblos, Lebanon, under a charter from the State of New York.

 

American University of Beirut (AUB)

AUB’s Center for Research and Innovation (CRInn) was established to serve as a hub for business incubators and emerging technology startups, helping them to succeed by connecting with customers, advisers, influencers and entrepreneurs. 
 
AUB inaugurated the Talal and Madiha Zein AUB Innovation Park on the 2nd September 2019. The university-wide initiative will offer a comprehensive program for educating students and alumni, engaging in research on entrepreneurship, and developing innovative ideas and converting them into profitable and scalable startups.

Support Units

Pitchworthy

Pitchworthy has been active in the MENA entrepreneurship ecosystem since 2008, running a wide variety of programs, and working with hundreds of partners.

Working with early-stage and idea-stage startups, they’ve  helped thousands of people have their first hands-on experience in the startup world, learning skills that are essential for entrepreneurship, employability and life.

Endeavor Lebanon

Endeavor’s model works in five parts to Launch, Select, Scaleup, Multiply and Reinvest the high-impact entrepreneurship movement worldwide.

Endeavor operates across Asia, Africa, Europe, North America, Latin America, and the Middle East. Endeavor’s launch process typically takes 12-18 months. Initial “scoping trips” allow Endeavor to assess a country’s fit with our launch criteria.

Beirut Creative Cluster

The corporate purpose of BCC is to promote the transformation of the Lebanese creative industries through strategic actions based on business co-operation, with innovation as a constant underlying goal. 

Startup Media

Startup Minute

Startup Minute is a global entrepreneurial culture media and technology company focused on the digital generation. Startup Minute aims to empower the youth and inspire them to pursue their full potentials. 
Startup Minute features a series of programs such as The Podcast and Interviews with entrepreneurs, creators, and makers on how they got started, as a way to motivate others to learn more and get started.

Startup 331

Startup331 is a TV Program airing on TéléLiban (Lebanese National TV) focusing on the Lebanese Startup Eco-System and Technology scene.

Co-working Spaces

Antwork

Antwork is for creative innovators looking for a space to do their work. They offer workspace subscriptions with amenities including unlimited internet, front desk service, professional and social events, maker labs, and more. They also have the Workcloud, and online platform and mobile app that integrates business tools, productivity, smartspaces, and an app marketplace. Different plans are available online for different needs.

Berytech

Berytech provides new, cutting edge office spaces for shared infrastructure in a high-tech environment. Their spaces range from Innovation Parks, meeting facilities, internet exchange, co-working spaces, and professional DIY studios. 

Servcorp

Located on levels 2 & 3 of the Louis Vuitton building in downtown Beirut, Servcorp is Lebanon’s premium office space provider.

With a hot desk starting at only $220/month, your membership includes access to Servcorp’s 5* global community of 40,000 clients.  Start networking! 

Cloud5

Cloud 5 is a technology park in the heart of the Beirut Central District, with a cutting-edge 500 sq m modular space offering facilities for up to 60 entrepreneurs. Dedicated to boost small and medium sized ICT companies, it is home to top regional incubators and accelerators that provide startups with a productive and relaxed work environment, at minimum cost, to launch their next killer application.

Submarine

The Submarine is a coworking and event space, home to startups, freelancers and wanderers. 

They have three different membership packages to suit every need.

FoundersBei

FoundersBei is a coworking space that offers memberships, private offices, conference rooms, big coworking space area suitable for seminars and workshops, and many other services that help businesses grow efficiently.

FoundersBei proactively envisioned to provide reliable, flexible coworking solutions. We cultivate long-term partnerships with our customers to deliver a range of services adapted to meet their specific needs. 

Also acting as an incubator in Lebanon and the Middle East.

Beirut Digital District

BDD is all-inclusive professional urban development in Lebanon, designing hubs where the creative digital community can WORK, LIVE, and PLAY.

BDD offers a superior business environment, fostering the growth of digital startups and encouraging entrepreneurship.

Their Co-Working Spaces start at $220/month and provide shared meeting rooms, training rooms and business support services. 

They hold regular events from meet ups to competitions to workshops & trainings, adding even more value to your networking and entrepreneurship journey. 

Events

If you want to list your event with us, please register HERE.

Please contact us to add your organisation to the ecosystem.