Posted on July 29, 2022
This year we celebrate 20 years of Berytech.
Launched in 2002 by the USJ, Berytech was born from the need to support the creation of technology startups and jumpstart Lebanon’s knowledge economy, a rather straightforward objective that catapulted Berytech into becoming a hub for innovation and entrepreneurship, allowing Lebanese talent to create their own opportunities, providing entrepreneurs with a rich and dynamic environment to grow their startups, launching a series of funds to catalyze investments all while stimulating the creation of a vibrant entrepreneurial ecosystem and contributing to job creation and economic opportunities.
Berytech’s governance and transparency helped gain the trust of international funders and partners and the efforts and passion of our team were directed to impact decision making and policymaking on a national level while gaining a strong foothold in the region.
Yet, the true value of Berytech concretized following the multiple, massive crises that shook the country. While the country succumbs to a continuous economic downfall, a disastrous currency devaluation, and an irreplaceable loss of human capital, Berytech has been working relentlessly and in full gear employing the knowledge, learnings, network, and reputation it has amassed in the past 20 years to broaden its social, economic and environmental impact.
In the past two years, Berytech has worked to attract fresh funds for relief and development from international donors, investors, and funding bodies, developing programs across multiple sectors and verticals, supporting businesses at different levels whether in starting, sustaining, or growing their operations by helping them focus on what has been Berytech’s main driver since day one: INNOVATION.
We’re pushing our eternal quest of finding a new way of doing things to help businesses build new strategies, develop new solutions, create novel products, and reach international markets.
We hear people say it will take 20 years to go back to where we were before the economic collapse. We promise to employ Berytech’s past 20 years to participate in a healthy and fast economic recovery for Lebanon.