Entrepreneurship articles

Beyond start-ups

Beyond start-ups

Lebanon has followed other countries in the region and abroad in promoting entrepreneurship to achieve economic growth and to generate future job opportunities. Entrepreneurship is considered a valid tool to help lead the country into a knowledge economy, where the role of information and technological change are the main drivers. In this context, education can

Creating synergies

MIC Ventures is a new fund in the Lebanese entrepreneurship ecosystem. Seeking to boost the value of startups and young companies that specialize in areas of interest from a mobile telecommunications perspective as well as establishing partnerships between sector companies and the two Lebanese mobile networks, MIC Ventures is itself a startup backed by governmental

A fund manager’s dream

The MIC in MIC Ventures is not short for Mission Impossible, Cruise. But it could be. Khaled Zeidan, the managing director of MIC Ventures, could easily have a second career modeling cool shades, and the chosen mission of MIC Ventures, should it succeed, will bring life to a sector whose true potential in Lebanon has

Predictive analytics and TMI syndromes

Too-much-information (TMI) syndrome is a chronic affliction of contemporary existence. The affliction is growing, without an app that can alert us to its threats and update us on the speed with which the disease of big data is invading ever more of our lives. Other IT buzzwords with mystifying potentials are artificial intelligence (AI) and

Outside of the Silicon Valley bubble

In the sweltering July heat, entrepreneurs from around the world were in Beirut pitching to join the Endeavor network. Founded in 1997 as a non-profit support network for entrepreneurs (focused on Argentina and Chile), Endeavor is now assisting founders of young companies in 27 countries around the world (including Lebanon since 2011). In 2012, the

Unicorns with humps

When venture capitalist Aileen Lee first employed the term “unicorn” to refer to startups valued at or above $1 billion, she intended to stress just how uncommon a creature she was describing. In a November 2013 post that spawned a Forbes list, Lee identified and analyzed 39 “US-based tech companies started since January 2003 and

Bolstering Lebanon’s game development

With a touch of the screen, fat bunny bounces his way up the vibrantly colored mountain terrain, munching on the occasional carrot. Press too long or too little, however, and splat goes bunny into the mountainside – game over. Like many mobile games, Fat Bunny’s concept is simple, yet its gameplay addictive. It was launched

Securing the entrepreneurship ecosystem

It’s 3 a.m. Despite your family’s “no Internet after dinner” rule, your smart, web-connected refrigerator is rebelling, repeatedly attempting to load the same site. The mustard is not trying to catch up on the news, your ice box has become a zombie in a hacker’s army – a botnet, in industry lingo. While the so-called

Start me up

EXECUTIVE interviewed French Ambassador Emmanuel Bonne via email about French contributions to Lebanon’s entrepreneurship ecosystem as well as his country’s assistance to Lebanon. E   In terms of the economic relationship between the two countries, we’ve heard the French government will be helping to fund and build Smart ESA (École supérieure des affaires). What added

Is Lebanon’s startup ecosystem sustainable?

When I was first introduced to Beirut’s start-up ecosystem in 2011, AltCity was refurbishing its first space, the Seeqnce experiment had just launched, MEVP was one of the few venture capital (VC) firms investing in Lebanon, Endeavor was just opening, and Wamda and ArabNet were nascent. Fast-forward to 2016 and Beirut is a different city

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