Seven startups enrolled in Berytech’s Cleanergy Accelerator Program were selected to move forward into the third and final phase of the program. During this next phase of incubation and growth, Berytech will continue to support these startups for the next five months offering them the technical and business support needed, as well as matching grants of up to $20,000, to scale their business, go to market, and become ready to raise capital. The program will expose selected businesses to financial and business planning, product development, valuation due diligence and term sheets, and legal frameworks.
Phase Three Startups
Cloud Pads: With 80% of menstruators in the MENA region favoring disposable sanitary pads over any other product, Cloud is redesigning period care by offering a period pad that is healthy, 100% biodegradable and compostable using innovative eco-materials. Cloud’s social mission is making period care accessible for underprivileged menstruators in Lebanon.
InCharge: InCharge aims to reduce the number of wasted lead-acid batteries by providing inspection and maintenance services for lead-acid batteries using an innovative method that extends the battery life between 1 and 2 years.
Innergy Solutions: Innergy Solutions is using bio-based material to develop an innovative sustainable building block for building envelopes with the main goal of enhancing the thermal comfort of the building while also reducing its electrical consumption.
Lebanon Waste Management: Lebanon Waste Management is developing decentralized drive through waste drop-off stations to encourage and increase of collection of recyclables from households. They shred, compact, crush and sort dry solid waste then sell them to local manufacturers to use them as raw material as a substitute for imported raw materials.
Partners with Sun: Partners with Sun has developed a solar powered convection oven for bakeries using a new heat exchange mechanism. The solution cuts 80% of a bakery’s diesel costs and reduces production time by 25%.
ReFuse: ReFuse is developing a community-based waste management approach by setting up collection points for recyclables in dense urban areas that lack basic services and waste infrastructure. People can deposit their sorted waste and then sell the recyclables to local industries and get rewarded in cash or by funding local community projects.
ReGenR8: ReGen-R8 aim to re-energize Lebanon and the MENA region by making access to renewable energy sources a hassle-free and affordable reality. They are creating a platform that promotes energy as a decentralized service where individuals and small to medium enterprises can subscribe and rent their units to acquire clean and cost-efficient energy without the need to incur high initial capital costs.
Highlights Of Phase Two
The second phase of this second edition of the Cleanergy Accelerator program reached its end after four months of business acceleration, during which the startups worked intensively on enhancing their solutions by tackling industry challenges in waste management and recycling, renewable energy, and sustainable materials.
During this phase, the startups received a mix of workshops and follow-up clinics to support them in developing their Minimum Viable Product (MVP) and test it with early adopters.
With the help of external and internal experts from Berytech, the startups were able to focus on planning, developing, and deploying their solution, enhancing their operations, product development, business modeling, and go-to-market.
The founders acquired knowledge on product-market fit, the lean startup methodology, how to communicate to the right audience, and how to develop a sustainable financial structure to secure the stability and growth for their business. They enhanced their knowledge on how to perfect their pitch to potential investors and the general audience, connected with stakeholders that are essential for their venture, and learned how to prioritize and choose strategic markets for the coming years.
The startups were also introduced to the legal requirements for their business and the importance of patents, trademarks, copyrights, trade secrets, and various concepts related to IPR (Intellectual Property Rights).
During the immersion program at YES!Delft, a leading tech incubator in Europe, the startups were exposed to the latest in the cleantech entrepreneurial ecosystem. The startups had the opportunity to pitch in front of the Yes!Delft network and representatives from the Ministry of Foreign Affairs.
The ACT Smart team stated “During Phase 2 of the Cleanergy program, the startups developed their ideas and early-stage prototypes into MVPs that they validated with customers. The 4-month acceleration program required a lot of hard work and commitment from the entrepreneurs. We are proud of how far they came along and look forward to supporting the startups’ journey of growth during Phase 3!”
About The Cleanergy Accelerator Program
Berytech is catalyzing cleantech innovations through a yearly three-phase program that allows cleantech entrepreneurs grow their startup from an idea into a scalable business. With funding and support from the Kingdom of The Netherlands, Berytech designed and developed the Cleanergy Program to make sure Lebanon has the most competitive companies innovating in clean technology. Learn more about the Cleanergy Program.