2013 cambridge the case of lebanon,salam yamout,presidency of the council of ministers

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  • 155,000 students enrolled in universities across Lebanon
  • Source : Zawiya and Endeavor Lebanon
  • 2013 cambridge the case of lebanon,salam yamout,presidency of the council of ministers

    1. 1. Republic of Lebanon Presidency of the Council of Ministers Office of the Prime Minister The Case of Lebanon Salam Yamout Presidency of the Council of Ministers The “How-to” of Technology Acquisition, Innovation and Entrepreneurship Workshop June 20-21 2013, Cambridge Republic of Lebanon Presidency of the Council of Ministers Office of the Prime Minister
    2. 2. What We Know • No clear strategy and policy, however… many initiatives – https://docs.google.com/file/d/0B_JR_7wa3jPBdGhNM0FoOHVFNXM/edit? usp=sharing • Myths and Reality – Substantial government support in the form of various subsidies – Strength of Lebanese Universities and researchers ( Highest Citation Index in the Arab World) – Quality students • top scores in STIMMS test, 29% enrolment in STEM subjects, 10% enrolment Masters and PhD – Networks available naturally – History and culture of democracy, public-private governance, freedom, etc. • MoET is currently preparing SMEs strategy and over-arching policy Presidency of the Council of Ministers 2
    3. 3. • Prior to 2012 – Lebanese Industrial Research Achievements (LIRA) ALI&CNRS (since 1997) – Science Technology and Innovation Policy (2002) • MOI Innovation Vouchers (300K) Up to EUR 10K for innovative concepts (since 2012) • ESCWA Technology Center • USD 30M of BDL loan package dedicated to R&D • Innovation Survey (CNRS, PCM, & World Bank) Ongoing - Results to be revealed 28 June 2013 • iSMEs Project (MOF / Kafalat / PCM / World Bank) 2.5 M for concept grants / 25 M government co-fund equity in innovative SMEs Presidency of the Council of Ministers 3 Technology and Innovation
    4. 4. RIYADA RED MEVP Kafalat BIAT SME Unit Early 2000 FundsFacilitators Source : Zawiya and Endeavor Lebanon Late 2012 Cedrus BBF Berytech BADER MIT SouthBIC Berytech Fund LBA AltCity Endeavor Wamda + Inno Mowgli AMIDEAST Arabnet VC Incubator / Accelerator Bank Guarantor Facilitator Angel # of VC Deals 0 0 0 0 0 0 0 0 2 1 7 9 13 Size of bubble indicates amounts of fund Seeqnce Entrepreneurial Eco System
    5. 5. Exponential Organic Growth: New Comers in 2012-2013 Presidency of the Council of Ministers 5 ENTREPRENEURS LEBANON WWW.ENTREPRENEURSLEBANON.COM Entrepreneurial Culture
    6. 6. Conclusions and Recommendations (What we Don’t Know) • What are the sectors that are conducive for the next Lebanese big innovation – Supply driven – Demand driven (regional, global) • What are the sectors that Lebanon has a competitive advantage in – Creative Industries – Design and Engineering – Food / Agro-food – Web and mobile apps • Technology Transfer Office for all universities in Lebanon • Government should have a clear focus, strategy and emanating policies Presidency of the Council of Ministers 6

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