Author Archives: Lauren Holtmeier

New programs offer business, financial help to entrepreneurs

New programs offer business, financial help to entrepreneurs

Reading Time: 9 minutes New accelerator, incubator, and grant programs for startups demonstrate a nichificiation of the ecosystem. Many entrepreneurs rely on these programs for financial support and in-kind services, such as office space and mentorship, to develop their young businesses. The ecosystem still has gaps that will need to be addressed to develop further. Since 2013, and the

Lebanon needs fintech regulation to keep up with regional growth

Reading Time: 6 minutes Lacking regulation or access to licensing, fintech in Lebanon proves challenging. While there are fintech-adjacent paths entrepreneurs can pursue, these require partnering with licensed entities, such as banks and financial institutions, which are limited in the number of partnerships they can undertake. Other countries in the region have opened up regulation and created regulatory testing

Reforms to the Lebanese electricity sector beset by delays

Reading Time: 11 minutes The September 15 attack on Saudi oil facilities that temporarily wiped out 5 percent of global supply did more than trigger a short-term oil trading frenzy with wild price jumps on international markets. It put into sharp relief the issue of Lebanon’s dependency on fossil fuel and—most important in the context of dismal fiscal health—its

VCs call for more updates to regulations and legislation to attract foreign investment

Reading Time: 4 minutes It has been six years since Banque du Liban (BDL), Lebanon’s central bank, announced Circular 331, designed to boost investment in the knowledge economy. Now entrepreneurs seeking seed-stage funding, and those operating VC funds in the country tell Executive that while more capital is available for startups seeking follow-on funding, seed or early stage funding

Lebanon’s struggle to implement a coherent waste management strategy

Reading Time: 8 minutes Calls for a sustainable solid waste management plan in Lebanon have not abated over the four years since the last garbage crisis left Beirut’s streets littered with trash in 2015. Its presence is very much still felt—or at the very least, smelt. Such calls, in fact, date to when the first series of emergency measures

Lebanese edtech startups carve a place alongside traditional teaching

Reading Time: 9 minutes Lebanese startups focusing on education technology (edtech) have tapped into the idea that as education changes, they have a role to play in preparing the next generation for the 21st century workplace. Educators seeking to prepare children for the jobs of the future, those that rely more on coding, robotics, AI, and programming—and depend less

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