Idea Lab
“Ready to embark on a journey to cultivate success for your Agrifood or Cleantech startup? Join us at IdeaLab 2.0 and let’s nurture innovation together! Apply now to be a part of this growth-focused experience.”
The Program
What is the program about?
Initiated by Berytech under the ACT Smart Innovation Hub and funded by the Embassy of Netherlands in Lebanon, this program aims to support the growth of entrepreneurship in Lebanon, particularly in the agrifoodtech and cleantech sectors. The program will be implemented through outreach and Idea Lab activities conducted by Park Innovation to empower the ecosystem with innovative solutions in the agri-food and clean technology sectors. This involves implementing five cycles of Idea Lab support over a period of 32 months, supporting 10 startups per cycle. The Idea Lab will provide support to entrepreneurs through workshops to help them ideate and validate their ideas, one-on-one mentoring, linkages support, and networking activities. The program also requires Demo Days for each cycle to showcase the startups’ innovation.
What are the program objectives?
• Strengthening innovative business solutions to problems in Agrifoodtech and Cleantech sectors that support improving livelihoods,
• Helping in access to finance and in scaling up pre-seed and seed stage start-ups,
• Creating jobs for people, especially youth and women, resulting in tangible economic, environmental, and social benefits.
• Enabling ecosystem partners in areas within and outside greater Beirut to carry out ideation activities.
• Creating opportunities for startups and SMEs to grow competitively through acceleration programs.
What type of support will be included in the program?
* Workshops: Trainers will deliver workshops to entrepreneurs to help them ideate and validate their ideas.
* One-on-one Mentoring: Entrepreneurs will receive one-on-one mentoring to provide them with personalized guidance and support.
* Linkages Support: Entrepreneurs will be provided with linkages support to enable them to validate their ideas.
* Networking Activities: The program will run networking activities for startups in the ecosystem to enable them to connect with potential partners, mentors, investors, and other stakeholders.
* Grant Management: The program will manage the grant ($1500/startup), expenditure approval, and disbursement process.
Who can apply?
- Teams should have a solution addressing challenges in the agri-food or cleantech sectors **
- Contain at least two co-founders.
- Contain at least one representative who is Lebanese and residing in Lebanon.
- Be able to commit to the two-month program.
- Be idea stage startups that did not receive advanced incubation support.
- Have a solution addressing challenges in the agri-food or cleantech sectors
- Preferably work on an innovation that drives a positive social or environmental impact.
- Have multidisciplinary and complementary team members (recommended).
** To know more about these two sectors, download these TWO PDF folders:
Call to Action
We’re looking forward to having you participate in our Agrifoodtech and Cleantech Idea Lab Startup Incubation program and supporting your startup journey! Apply now via this application or access this link: tiny.cc/idealab2
Contact Information
For any inquiries or questions regarding this program you can reach us at [email protected] or via phone number: +961 78 807 966