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.

About the Call

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.   

Who can apply

  • Innovators, entrepreneurs and key enabling technology providers (KET) within the Dairy Value Chain sector. interested in creating a new product or service and turning them into a spin-off business. 
  • Ventures and companies in the dairy value chain sector working on R&D projects and interested in creating a spin off.
  • SME, industries, NGOs working on spin-off projects in the Dairy, ICT, or Bio/Nano technologies industries. 
  • Researchers, Faculty Members, Lab Members, working on researches in this sector and willing to turn their research into a spin-off. 
  • Italian, Greek, Tunisian entrepreneurs looking to create a spin-off with Lebanese dairy entrepreneurs in Lebanon.

    Selection Criteria

    • Participants should reside in Lebanon.
    • Participants must demonstrate the spin-off business model including demonstrate economic viability and combine innovation, applicability, scalability, and team experience.
    • Participants must demonstrate the Innovation and technology readiness level.

    Key Benefits and Opportunities

    • Obtain hands-on experience, legal advice, and a financial grant to support the creation of the spin-off. 
    • Access a voucher of 10,000 euros that will be used to support you in the creation of your spin off.  
    • Provide the opportunity to bring to life a new line of production or service for an established enterprise, turn research into a product and a project into an actual product or service.  
    • Access to the Transdairy regional online collaborative platform which features a database of Dairy Value Chain regional demand and offer and allows communication and networking among regional innovators, suppliers, partners, prospective clients, etc.  
    • Invitation to participate and benefit from the subsequent Transdairy activities for 2022 and 2023, which include:    Entrepreneurship Training Program on innovation management, benchmarking, technology transfer  etc.                         Vouchers for a Co-patent, Demonstration of Research and Results, Specialized Training etc.  

      Start your application

      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.

      The Program's Timeline

      Intensive Bootcamp

      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:

      • Receive technical and practical guidance and interaction with experts
      • Develop their own business model 
      • Learn about intellectual property 
      • Develop their commercialisation and market strategy
      • Develop a process for technology protection
      • Learn about basic financial modelling and funding opportunities
      • Address sustainability and CSR practices in the Dairy Value Chain
      • Prepare their pitch to present it to experts and potential investors

      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.

      Pitching

      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 PROJECT

      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)

      Need more info?

      If you have any questions about the Transdairy Program, please contact: 

      Mrs. Joelle Elhajjar: joelle.elhajjar@berytech.org