BEIRUT: With the support of embassy of the Kingdom of the Netherlands and Berytech, Agrytech Program celebrated entrepreneurship and innovation in Parcours des Saveurx in Kfar Chima on August 29.
Agrytech is Lebanon’s agri-food innovation hub, which means the business of producing food agriculturally. The program was launched in January 2017.
After two months of intensive boot camp and market validation of their agri-food innovation, the startups went into the next phase to develop their minimum viable product and get traction.
The Program’s aim is to source the best new businesses with creative developments in the Agri-Food sector and supply them with the sufficient specialized and business assets, and also network support to scale their thoughts into fruitful organizations with worldwide effect.
Every year, 30 new businesses are given the chance to assemble a base practical product finished in two months, 15 new companies go into a four-month business accelerator program to validate their idea, and eight finalists have the capacity to join the half year brooding project, potential internationalization, and advantage from the venture.
The program gives up to $40K in grants and up to one year of help for every startup.
During the event, Batch 1 of the startups was showcased, and Batch two was introduced.
The list of the current batch included: Agroonline, Agrymac, Atayeb EL Jabal, Cubex, Digimart, Foodcheck, IO Tree, Mushtic, Potopeel, and many others.
Ramy Boujawdeh, Deputy General Manager of Berytech said: “Agrytech will help scientists, engineers, technologists use their knowledge to innovate in the agriculture sector.”
Maroon Chammas, CEO of Berytech and Berytech Fund, called for action in his own motivation way, “If you want to be in the top 2% of the world, you need to work hard to have the best product out there.”
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