IP Valorization Pillar

Supporting the Commercialisation of Intellectual Property

About the IP Valorization Pillar

Berytech has partnered with The Euro-Lebanese Centre For Industrial Modernisation (ELCIM) of the Industrial Research Institute (IRI) to mobilize Academia and Research Institutions to work on commercializing Lebanese intellectual property for the benefit of different sectors and to advance the Knowledge Economy.

commercializing Lebanese intellectual property

Berytech and ELCIM/IRI launched the IP Valorization Grants Program back in March 2020 under the ACT Smart Innovation Hub Initiative.

Over 30 applications were received from different universities, and four research teams have been selected to join the program, each awarded a $25,000 innovation voucher. The four research teams are innovating in Agri-food and in Cleantech (waste, water and energy) in Lebanon. 

Each grant will be used to cover the costs of Consulting and Research, Development and related simulation or Prototyping, field testing and application potentials, all with the aim to bring the project closer to market.

Need more info?

If you have any questions about Berytech’s ACT Smart Innovation Hub Initiative, please email us on community@berytech.org, and we will get back to you.

Contributing to SDGs

As a member of the Global Compact Network Lebanon, Berytech enacts the 10 principles of the UNGC and the ACT Smart Innovation Hub Initiative falls under Berytech’s mission to contribute to the Sustainable Development Goals.