What They Do:
Operating since 2019, Lebanon Waste Management (LWM) is a sorting facility that treats dry solid waste. LWM uses unrecyclable waste to make RE-tiles: recyclable, re-purposed, durable, eco-friendly, and customizable bricks and tiles.
Startup Experience:
“Solving one of the major problems we’re facing in this country was our goal for entering the GIMED program, in addition to creating a product that helps boost the economy and create job opportunities. So far, we have gotten 83% acceptance of our product, along with many opportunities in the GCC countries. We have also met with investors with whom negotiations are taking place. We have managed to have a prototype of the product and we’re soon launching the pilot project.
The economic crisis gave us a boost to work even harder during these hard times. It showed us that no matter what we go through, saving the environment is our priority. We couldn’t have done it without the teamwork, we also kept following up with our clients and were 100% honest and transparent with them
By the end of this program, we’re hoping to have gained as much information and knowledge as we could, to apply it in our work to develop and thrive in our country, and hopefully expand to the world.”
About GIMED
Berytech is the official partner of The Green Impact MED Project – Positive Investments for Positive Impacts (GIMED), an EU-funded project under the ENI-CBC Med Programme aiming at supporting green entrepreneurs to better access finance and market in the Mediterranean. The project provides training, coaching sessions, capacity building workshops, and sub-grants to consolidate green business creation and green business development. Learn more about the GIMED Project.
- Duration: 46 months
- Start date: 01 September 2019 – End date: 31 August 2023
- Total budget: 2.633.106,29 €
- EU contribution: 2.369.106,29€ (90% co-financing to project)
- Main source of funding: European Union (ENI CBC Med Programme)
