developing Researchers' Innovations into Commercially Viable Products

Berytech, through THE NEXT SOCIETY tech transfer booster track, offers tailor-made activities for researchers, managers of technology transfer offices and industry leaders to support the commercialization of innovation towards industry.

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About The Program

Innovation Factory is a program allowing researchers and novel startups to develop their innovation in any sector into commercially viable products and applications. The program, based on technology transfer, gives participants international exposure with access to local and global markets, B2B networks, and a pool of seasoned experts, mentors, and investors. It is funded by the European Union under THE NEXT SOCIETY, and organized in Lebanon by Berytech and Anima.

Technology Transfer

Technology transfer is the process of transferring technology, in addition to skills, knowledge and manufacturing methods, from an enterprise or university to a wide range of users, while creating economic value and developing the respective industry.

Improving the process of technology transfer in Lebanon will foster innovation in tackling economic, environmental and social challenges, creating job opportunities and empowering both academics and young entrepreneurs towards creative problem-solving.

From Research to Market

Most university discoveries never leave the lab, even though they can be transformed into growing startups or commercialized within international companies. In fact, these discoveries can be turned into products and solutions that improve the quality of life, help businesses grow or even disrupt entire industries.

The Innovation Factory program is open to researchers, postgraduates, innovators, engineers and technicians who want to turn their research project, discovery or technology into a successful business.

THE NEXT SOCIETY Movement

Berytech is the official partner of THE NEXT SOCIETY in Lebanon, whose goal is to help shape the future of the Mediterranean by mobilizing entrepreneurs, innovators and corporate ecosystems to tackle the innovation and sustainable development challenges faced in the region. The Next Society gathers a large network of over 300 business and innovation, research and investment organizations, 2,500 international SMEs and entrepreneurs from 30 countries.

THE NEXT SOCIETY launched a four-year action plan (2017-2020), co-funded by the EU with up to 90% for a global amount of EUR 7.8 million budget, with a part dedicated to achieving its objectives in Lebanon through its partnership with Berytech. Learn more here.

“The Innovation Factory program is based on facilitating the process of technology transfer from researchers and innovators to the public.”

Krystel Khalil – Programs Director at Berytech

Contributing to SDGs

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

Meet The Team

Berytech launched THE NEXT SOCIETY movement in Lebanon in 2017 and has been working on the different activities and projects since.

Need more info?

If you have any questions about Berytech’s Innovation Factory Program, please email Ms. Tala Saleh on tala.saleh@berytech.org, and we will get back to you.