INNOVATION FACTORY ACCELERATOR /
Berytech is managing the third edition of Innovation Factory: from research to market, a program allowing researchers, innovators, engineers, and professors in Lebanon to develop their research or technology innovation in any sector into a practical and commercially-viable product or application.
A 4-day entrepreneurship bootcamp with seasoned experts
Pitch in front of a Jury to get feedback and get selected for incubation
Virtual matchmaking event with investors and industry experts
Incubation support for 1 selected project and a support grant prize
Applicants were assessed based on the strength of their application, including technology innovation, the economic viability of the project, and the team expertise and motivation.
Berytech partnered with Saba & Co. Intellectual Property for the due diligence of the applications to the Innovation Factory Program.
The process of commercially developing research technology into new products or services varies widely. It could include licensing of intellectual property, offering technical consultancy, or selling the developed technology or the assets and knowledge developed around it. All have the potential of generating tremendous revenue streams for the people behind the technology.
The four-month program includes a bootcamp, a jury day, a virtual matchmaking event as well as an incubation phase.
May 19-22, 2020
The 6 selected projects will attend a 4-day intensive bootcamp (virtual and for free), led by an international expert, for up to 2 people per team. The Bootcamp’s program focuses on teamwork, networking, mentoring sessions with international and local experts, learning, applied knowledge and exchange of expertise. It will aim at helping you explore market, funding, commercialization and business opportunities, as well as develop a valid business model for your innovation with access to:
May 29, 2020
The jury members will convene on May 29, 2020 to select the incubated team. The jury includes:
June 16-18, 2020
The 6 teams will be presenting their technologies during a virtual matchmaking event, in front of an audience of partners, industry players, experts and investors, getting valuable feedback and collaboration opportunities for their projects.
Each startup will get the opportunity to meet for an hour with experts who will help them develop their research into market.
The selected team will benefit from the 3-month incubation support from Berytech as well as receive a grant of 4,000€ (four thousand euros) to be spent on technical and business support.
The 3-month incubation period will revolve around: