Entrepreneurship articles

2018 has been a better year for startups

2018 has been a better year for startups

Lebanon’s startup ecosystem is in much better shape today than 10 years ago, thanks in large part to Circular 331 from Banque du Liban (BDL), Lebanon’s central bank. We at B&Y Venture Partners have invested in some fantastic companies with exceptional founders and are very pleased with the quality of our portfolio to date. Most

The growing pains of Lebanon’s entrepreneurship ecosystem

Despite the one big news story that dominated watercooler conversations in entrepreneurship circles, the community at large had a comparitively good year. The quality and quantity of startups has increased, as witnessed at multiple demo days throughout 2018. Several exciting international and regional events were staged in Beirut, some for the first time. There is

Lebanon’s entrepreneurship ecosystem

Lebanon’s entrepreneurship landscape has “leapfrogged” since August 2013, when Banque du Liban (BDL), Lebanon’s central bank, released Circular 331 that authorized Lebanese banks to invest in new startups in the knowledge economy. This policy has spurred the development of new growth capital funds and the entry of commercial banks into the equity market, unleashing (theoretically)

Lebanese startups in need of investments

Historically, Lebanon’s economy has in large part depended on services, including tourism, F&B, financial services, education, and design. In addition, Lebanon has a strong agriculture sector that constitutes another pillar of the economy. Still, these services and resources are limited in scale due to the scarce availability of local resources, whether natural or human. As

Can Lebanon construct a multi-channel digital future for serious journalism?

The tech entrepreneurship landscape in Lebanon is slowly producing more colorful and fragrant blossoms —more prosaically known as startup ventures. Also, the country’s entrepreneurship ecosystem, after some years of incremental progress by trial and error, appears to be heading in a direction where it can deliver on two important asset categorizations and ecosystem requirements: generating

Why successful entrepreneurs give back

As the technological entrepreneurial ecosystem in Lebanon continues to grow with the support of the public and private institutions, non-governmental organizations (NGOs) and the central bank of Lebanon’s Circular 331, a significant driving force comes from the entrepreneurs themselves who, beyond scaling their own businesses, commit to supporting the next generation of entrepreneurs. When founders

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

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