Neither wanting nor wasting

ENAR

The new social enterprises in Lebanon’s entrepreneurial landscape Lebanese industries have not been able to take part in the post-COVID-19 global recovery and accelerated reopening; already severely crippled by limited access to financing and the loss of a sizeable portion of their imports, they also have to contend with the surge in prices of commodities worldwide, making it ever more difficult for them to maintain productivity, much less profitability and job creation. With this upward price trajectory showing no signs of slowing down so far, the trend is toward adopting lean manufacturing principles, exploring new investment vistas, particularly the growing number of social and impact investment funds for enterprises that implement environmental, social, and governance (ESG) principles, focusing on exports, and rethinking raw materials from a local sourcing perspective.[inlinetweet prefix=”” tweeter=”” suffix=””] For budding social entrepreneurs, the last point present interesting opportunities that could eventually translate into profitable business models,