AGRYTECH ACCELERATOR /
Berytech developed the Agrytech accelerator as a yearly program which includes a validation of market phase over two-months, an acceleration phase – where the startups work for 4 months on building their minimum viable product (MVP) in order to get traction, and finally, a 6-month incubation and growth phase, from which they graduate investment-ready, and with matching capital.
The Agrytech Accelerator is a yearly 3-phase program through which Berytech supports startups with innovations across the agri-food sector, offering them the resources, knowledge, and funding to scale their ideas and grow into an international business with global impact.
Up to $37K cash injection in
accelerated startups
Access to an electronics & hardware Fabrication Lab with technical support
Bootcamps, training sessions and master classes developing entrepreneurial competencies
Promotion and visibility in local & international markets
Linkages to Agri-Food community & pool of dedicated experts
Intensive mentoring trajectories with follow-on immersion in Europe
“Agriculture is a national matter, and Lebanon can play a role in the food security of the region, given the microclimates it has, as well as its human capital and entrepreneurship mindset.”
Maroun N. Chammas – Berytech Chairman & CEO
Berytech sources startups and SMEs at an idea or early stage with a creative solution to a challenge in food and agriculture or with a working solution that can be adapted to the agri-food industry.
Accepted solutions are technology-based (hardware, software, or a combination of both) or an innovative food and beverage product, and which fall under one of these four tracks:
Solving challenges from the supply of products and materials to farming practices including harvesting
Solving challenges from the time the products are harvested and collected until they reach processors or consumers
Solving challenges from the time the products reach processors through different transformation activities including packaging and distribution
Solving challenges online or offline in marketing, distribution, and exports of products and services
Berytech developed the Agrytech accelerator as a yearly program from which startups graduate investment-ready and with matching capital.
November – December
Grant total $2,000
Capacity building for up to 24 startups to validate and ensure products are fit to market, are scalable and the startup teams have the capability to take this challenge. The validation phase ends with an expert jury selecting the top 12 teams to go into the Acceleration Phase for 4 months.
January – April
Grant total $15,000
Support for up to 12 startups to build the minimum viable product – MVP, and test it with early adopters, capacity building to establish the business from a financial, marketing, management and operational levels and business pitching. The acceleration phase ends with an expert jury selecting the top 8 companies to go into the Incubation Phase for 5 months.
May – September
Matching Grant Total up to $20,000
Support for up to 8 startups in scaling, including hands-on fundraising support in negotiation, legal, terms sheets, and market access.
If you have any questions about Berytech’s Agrytech Program, please email us on agrytech@berytech.org, and we will get back to you.
