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.
Meet the seven winners who progressed to the next phase of the Regional Innovation Factory Program and will receive incubation support from Berytech.
Berytech is managing the fourth edition of the EU-funded Innovation Factory: from research to market, a program allowing researchers, innovators, engineers, and professors from seven (7) Mediterranean countries to develop their research or technological innovation in any sector into a practical and commercially viable product or service.
PETCRETE – a joint research project by Ahmad Barazi from the American University of Beirut and Mariam Naja from Rafic Hariri University, was selected as the winner of the third edition of the Innovation Factory Program.
The 6 selected research teams enrolled in the Innovation Factory: from research to market program 2020, just attended the 4-day intensive virtual bootcamp. The program is funded by the EU under THE NEXT SOCIETY and organized in Lebanon by Berytech and Anima Investment Network.
Innovation Factory is a program allowing researchers and novel entrepreneurs in Lebanon to develop their innovation in any technology-based 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 project and is organized in Lebanon by Berytech and ANIMA, and in Algeria, Egypt, Jordan, Morocco, Palestine and Tunisia by THE NEXT SOCIETY national partners under the Tech Booster program.
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.
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.
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
Berytech launched THE NEXT SOCIETY movement in Lebanon in 2017 and has been working on the different activities and projects since.
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.
