The third edition of the Innovation Factory Acceleration Program is supporting 6 teams from Research to Market

The Program in Brief

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. 

Intensive Bootcamp

A 4-day entrepreneurship bootcamp with seasoned experts 

Jury Day

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

Selection Criteria

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.


Berytech has partnered with Saba & Co. Intellectual Property, commonly referred to as Saba IP, an intellectual property firm active in Middle East and Africa, 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 Program's Timeline

The four-month program includes a bootcamp, a jury day, a virtual matchmaking event as well as an incubation phase.

4-day intensive entrepreneurship bootcamp

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:

  • Receive technical and practical guidance and interaction with experts
  • Develop your own business model 
  • Learn about intellectual property 
  • Develop your commercialization and market strategy
  • Develop a process for technology protection
  • Learn about basic financial modelling
  • Prepare your pitch to present it to investors and partners

Jury Day

May 29, 2020

The jury members will convene on May 29, 2020 to select the incubated team. The jury includes: 

  • Nicolas Rouhana – GM of IM Capital
  • Elias Bachaalany – CEO of AutomatiX Group and Member of the Lira Program
  • Amal Abdallah –  Partner and Country Manager of Saba IP
The pitching teams are graded and evaluated based on their value proposition, their innovation and market need, the applicability of their technology and intellectual property, their business model and scalability potential, their team and implementation capacity, and finally on their pitch effectiveness.

Virtual Matchmaking event

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. 

  • Day 1 – Investment: meeting with an investor to receive investment feedback for their research project and to prepare them to receive funding when they are ready.
  • Day 2 – Technical: meeting with a technical expert based on their needs and request to provide them with technical expertise to help them develop their prototypes and innovations.
  • Day 3 – Market opportunity: Each startup will meet with an industry player that they have selected to explore opportunities for collaboration in their fields.   

    3-month Incubation Phase

    June-August 2020

    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: 

    • setting the selected team’s roadmap of activities,
    • assessing their needs and challenges,
    • matching them with the right experts,
    • setting up meetings with potential investors, and
    •  granting them access to masterclasses.

    Need more info?

    If you have any questions about Berytech’s Innovation Factory Program, please email Ms. Tala Saleh on, and she will get back to you.