The Global Social Venture Competition, an international competition aiming to inspire and empower entrepreneurs to develop innovative solutions to pressing social and environmental challenges.
Every year and for the past 7 years, extremely innovative Lebanese startups compete in the local competition through Berytech and the winner makes it to the international finals, representing Lebanon among hundreds of startups from more than 60 countries.
In 2018, our local winner, FabricAid, competed internationally and won first place topping 550 startups from around the world. The team received local and international exposure and support, plus a $40,000 check!
Part of your application, you’ll be requested to send an executive summary, a summary of interviews held with your stakeholders, and CVs of the key people on your team.
An internal jury from Berytech, USJ, and other partnering organizations will review all applications and shortlist the most promising startups to run for the local GSVC competition.
All shortlisted startups will be mentored, trained, and supported to fine-tune their applications and prepare for the local competition happening on February 2019.
In the previous edition the local winner received:
Read the full story of how FabricAID won the global competition last year in Italy, topping 550 startups coming from 60 different countries! Also watch the founder Omar Itani talking about their exciting experience and startup journey in the video below.
And here’s what other winners said as well:
“Berytech has helped us to move from a volatile team into a robust start-up by connecting us with mentors and experts. They helped us shape our business plan and form a strategy by helping us connect with international bodies and potential partners in Europe and the Middle East. GSVC gave us exposure to potential investors.” – Antoine Skayem, Riego – Local Winner GSVC 2017
“The GSVC competition was a good opportunity to meet teams from different places and to see how they function as social entrepreneurs, we were prepared well for the competition and everything was good. One of the disadvantages is that we didn’t test our application yet. We had one really good advantage on the business level that we had our business model defined and a good projection for the cash flow.” Nicolas Farah, LIMM – Local Winner GSVC 2017