Get the chance to receive a grant between €15,000 and €50,000 to strengthen and grow your women-led or women-owned MSME despite the challenging political, economic, and social environment in Lebanon.
Who can apply and then be pre-selected during phase 1?
The Jury will evaluate business plans based on the following criteria:
Additional points will be given to:
No companies linked with political parties and religious parties will be selected.
Phase 1: Call for proposals and Preparation for the Pitch Competition
Only firms complying with the Application Requirements will be considered for the first phase of the project.
Women owned and/or led businesses (WOLBs) applying to this first phase of the project are not necessarily granted the access to the financial and technical assistance award. This initial call for proposals will accept a larger number of firms of which those selected on a first phase will receive a two-weeks training to prepare their business plan. These firms will then participate in a competition in front of a jury to present the business case. The award of the financial and technical support package will be granted based on the decision of the jury.
In any case, firms not winning the competition will receive orientation so they can present their business case to other projects if these are available.
Phase 2: Financial and Technical Assistance Implementation
It is expected that the amounts to be requested by firm size vary. Firms can apply for financial and technical assistance support for amounts between Euros 15,000 to 50,000 depending on firm size and turnover. Micro firms can apply for a maximum of Euros 30,000, and Small and Medium to a maximum of Euros 50,000. However, the allocation will be also assessed by Berytech´s business´advisors in line with the intended objectives and business plan and not only based on the firm size which cannot determine the impact of the award. In any case, all firms will need to co-finance with 10% of the awarded amount.
The financial award will cover the tailored technical assistance support that will allow the firm to implement the business plan and introduce new innovations. It is estimated that the technical assistance allocation will range from 5 to 20% of the grant but cannot be determined prior to the selection of businesses, if not to be less effective in the allocation of resources.
Winners interested in export related capacity building will be given priority admission into the World Bank Group’s export programme with an expected specific training and support starting in June 2022.
Start your application as an MSME
Please fill out and submit your application before May 15, 2022. If you need some additional information before applying, please contact us at support@berytech.org.
Applications are now closed
Implemented by Expertise France
Berytech is the ecosystem for entrepreneurs, providing a dynamic environment for the creation and development of startups and SMEs, fostering innovation, technology and entrepreneurship in Lebanon.
Berytech Mathaf
Damascus Street, Museum District
Achrafieh, Beirut, Lebanon
+961 (1) 61 25 00
Berytech Mar Roukoz
Saint Joseph University
Sciences & Technology Campus
Dekwaneh, Mount Lebanon
+961 (4) 53 30 40
Berytech BDD 1294
Bechara El Khoury Street
Beirut Digital District
Bachoura, Beirut, Lebanon
+961 (1) 64 95 55
P.O. Box
11-7503 Riad el Solh, 1107 2240 Beirut, Lebanon