As the world goes through the many sudden changes brought by the COVID-19, entrepreneurs are struggling in what was already a challenging startup environment. Berytech has partnered with SPARK to help entrepreneurs launch their business ideas and grow their startups with a program that offers them technical and financial support.
Developing Entrepreneurship For Startups & MSMEs is a program is offered by SPARK and implemented by Berytech, funded by the Islamic Development Bank and the Islamic Solidarity Fund for Development.
The Program
The program offers selected Startups & MSMEs a combination of webinars and coaching sessions, providing them with the support they need to develop their projects.
Applicants will be selected to participate in two online bootcamps in October after which they will be asked to develop a pitch deck and present it in front of a jury. If their business idea is selected, they will benefit from a grant to further develop their business ideas and will receive individual coaching sessions and technical mentorship.
The bootcamp will include online group sessions, individual coaching sessions, and access to mentors and relevant opportunities. It will give entrepreneurs the tools and knowledge to developing their business ideas, refine their value proposition, understand their markets, prototype, and access accelerator and funding.
The project will also support idea-stage startups in the legal aspects of starting and growing a small business in Lebanon while advanced startups will receive support to accelerate, facilitate and secure their business.
Eligibility and Application
The program is open to project owners of Lebanese or Syrian nationality working on a business idea for less than 2 years or with a completely new business idea, in essential fields such as Health, Education, Agri-food, etc. while other sectors may also apply.
Applications are open on this link until October 10, 2021.
About Spark
SPARK is an international non-governmental development organisation active in 14 regions throughout the Middle East, North and Sub-Saharan Africa. For over 25 years, SPARK has been creating pathways for young people to rebuild their futures.
SPARK provides opportunities for youth, particularly women and refugees, to study, work and grow their own businesses in fragile communities through the provision of higher (vocational) education scholarships, entrepreneurship development and SME support.
All SPARK’s programs are founded on close collaboration with local partner organisations.
