TRANSDAIRY Cross-Border Spin-off Establishment
Call for Dairy-preneurs, SMEs & Researchers
This is your chance to receive a €10,000 grant to turn your innovative R&D project into a spin-off business in the dairy sector.
As part of the Transdairy Living Lab activities, Berytech aims to support the creation of 2 spin-off startup projects in the dairy sector that are developing innovative solutions in the field of Key Enabling Technologies (KETS) in ICT and Bio/nanotechnology for the dairy value chain.
Entrepreneurs, enterprises, industries, SMEs and researchers working in the dairy innovation sector and looking to turn an innovative R&D project into a spin-off business affiliated to their respective company or research institution are invited to apply.
2 selected participants from Lebanon will benefit from a 10,000-euro grant, which will enable them to support the creation of their spin-off in the dairy value chain.
This presents a unique opportunity to create an independent entity that could offer a new line of production/services/process innovations in the dairy sector that can be developed and scaled to Mediterranean markets.
Ten participants will be shortlisted to present their business plan in front of a jury and two will finally be selected to benefit from the grant and support.
Submit your application to be among the ten shortlisted applicants who will present their business plans. Two selected finalists will benefit from a €10,000 grant to support the creation of their spin-off in the dairy value chain.
15 November 2021 | 3:00pm – 7:00pm
20 participants will be selected to participate in a 6-day intensive virtual bootcamp. The bootcamp’s program consists of fully funded sessions by the EU under the ENI CBC Med Programme, providing the participants with a set of entrepreneurship skills and know-how, and access to:
The participants will also each receive a voucher of €200 to use in a way that serves the initiation of their project (such as creating a prototype, design & marketing, business consultancy, etc.) once they submit their pitch deck.
November 2021 | During the Open Day
Following the completion of the training, the participants will pitch their solution to a jury. The Jury will shortlist 10 participants based on innovation, economic viability and solid proof of concept of the solution. They will take several one-to-one coaching and technical sessions with experts in the field to further develop their pitch decks.
These 10 participants will present during the Transdairy Open Day, which will take place at the end of the year 2021.
TRANSDAIRY is a project funded by the European Union under the ENI CBC Med Programme to grow innovation and entrepreneurship opportunities in the Dairy Value Chain and empower this ecosystem in the Mediterranean. The project will use the open innovation and living lab methodology to bring stakeholders together including researchers, industry players, SMEs, representatives from the public sector, entrepreneurs, to exchange best practices, collaborate together and implement Key Enabling Technologies and solutions applied to the Dairy Value Chain.
Throughout this project, Berytech and ELCIM at Industrial Research Institute (IRI) will be facilitating the setup of Innovation Living Labs, supporting the development and financing of innovation and entrepreneurship projects, and enable matchmaking and collaboration opportunities between different stakeholders in the Dairy Value Chain in Lebanon and the Mediterranean. Learn more here.
The Project In Numbers
Duration: 30 months
The total budget of the project is €3.8 million with an EU contribution of €3.4 million (90%).
Main source of funding: European Union (ENI CBC Med Programme)