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Mr. Maroun Chammas' presentation at QITCOM 2011

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QITCOM 2011
May 24 | DAY 1 | INNOVATE

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Mr. Maroun Chammas' presentation at QITCOM 2011

  1. 1. Incubation in Lebanon & Success Model Maroun N. Chammas Chairman
  2. 2. <ul><li>Why is Lebanon a breeding ground for entrepreneurship? </li></ul>
  3. 3. 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
  4. 4. SME LANDSCAPE 400 – 500 company created / month => 10% never make it 80% in Beirut & Baabda Src: K. Masri
  5. 5. SME LANDSCAPE (2) Src: K. Masri
  6. 6. ECOSYSTEM & TIMELINE
  7. 7. 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                                                
  8. 8. 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
  9. 9. Currently hosting over 65 companies focused KBI Berytech as a breeding ground for Innovation Berytech Technology Pole 2002 Berytech Tech & Health 2007
  10. 10. Berytech Tech Pole <ul><li>Location </li></ul><ul><ul><li>Faculty of Engineering - Campus of Science & Technology </li></ul></ul><ul><li>Total cost : 5.5M$ </li></ul><ul><li>Total Build up area: 8,000 m2 </li></ul><ul><li>Total offices space: 3,000 m2 </li></ul><ul><li>Total common area : 5,000 m2 </li></ul><ul><ul><li>Incubation & Business hosting spaces </li></ul></ul><ul><ul><li>Videoconference auditorium & Training Center - Conference rooms </li></ul></ul><ul><ul><li>Cafeteria/restaurant/food court </li></ul></ul><ul><ul><li>Business center / Exhibition hall </li></ul></ul><ul><li>Berytech scal </li></ul><ul><ul><li>Private shareholders </li></ul></ul><ul><ul><li>1M$ startup capital </li></ul></ul>
  11. 11. Berytech Tech & Health Created: 2007 – Innovation Campus Promoter: Saint-Joseph University + 3 NGOs Total cost : 3.5M$ 2 EU Grants totaling €1.5M Total Built-up area: 4,000 m2 Total offices space: 2,500 m2 Videoconference facility Training Center - Conference rooms Common areas: cafeteria/restaurant business center, lounge
  12. 12. Support Services Project maturity Projects holders Start up Mature SME Incubator Hot Desks 15-30sqm Nursery/Accelerator 45-70sqm Company Hosting 90-200+sqm Type of hosting Service offered Project assessment Ideas elaboration Rough business plan Entrepr. training Business counselling Help with technology Business plan to get finance Incubation grants Networking Help in financing Clustering Innovation mngmt Internationalization
  13. 13. Conducive Environment <ul><li>Hassle-free quality environment </li></ul><ul><ul><li>24/7 electricity – UPS - telephone lines - Internet access, parking, security, Maintenance and Janitorial service - Reception and Secretarial service </li></ul></ul><ul><li>Hi-tech environment </li></ul><ul><ul><li>Videoconferencing, training & documentation center </li></ul></ul><ul><ul><li>Near-by Technological Platforms </li></ul></ul>
  14. 14. Access to Programs
  15. 15. Internet Exchange Point Hosting and managing the first and only co-located IXP in Lebanon
  16. 16. Accreditations First full EBN member with EU-BIC (Business Innovation Center) label in MENA since 2006 SOFTLANDING MATCHMAKING EUROEXPO BUSINESS BOOSTING
  17. 17. Funding for Tech Startups <ul><li>Started 2008 </li></ul><ul><li>Seed Capital Fund </li></ul><ul><li>$6M of which $3.3M invested to date </li></ul><ul><li>Investments from $100K to $1.2M </li></ul><ul><li>Shareholders </li></ul><ul><ul><li>2 multinationals: Cisco & Intel </li></ul></ul><ul><ul><li>Leading Lebanese ICT companies </li></ul></ul><ul><ul><li>5 banks </li></ul></ul><ul><li>7 investments closed </li></ul>
  18. 18. Key Figures <ul><li>150 entities hosted </li></ul><ul><li>80 entities graduated </li></ul><ul><li>550 jobs created </li></ul><ul><li>200 entrepreneurs trained </li></ul><ul><li>$450K in grants </li></ul>
  19. 19. Contacts www.berytech.org Mkalles, Lebanon Tel: +961 4 533040 Fax: +961 4 533070 bth.berytech.org Beirut, Lebanon Tel: +961 1 612500 Fax: +961 1 611005 www.berytechfund.org Mkalles, Lebanon Tel: +961 4 533040 Fax: +961 4 533070

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