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Berytech & Berytech Fund II in BDL Accelerate 2015: 20 million dollars committed

As part of their commitment to provide a conducive environment for the creation and development of Lebanese startups and SMEs, Berytech and Berytech Fund II took part in the BDL Accelerate 2015 International Startup Conference, that was held on the 10th and 11th of December 2015 at Forum de Beyrouth under the theme “Emerging Startup Ecosystems”.

Banque du Liban Accelerate 2015 is Lebanon’s annual international startup conference, and officially the largest and most international startup conference in the Middle East and North Africa. This year, the conference gathered more than 7,000 visitors including international speakers, entrepreneurs, investors and support institutions from major and emerging entrepreneurship ecosystems.
During the conference, Berytech and Berytech Fund II organized several activities focused on entrepreneurs’ needs from business idea to product development, funding, growth and scaling. In addition both entities were one of the largest sponsors as they backed the conference’s lounge, which was one of the busiest spaces at the event.


Maroun N. Chammas, Chairman and CEO of Berytech, commented on the occasion: “Berytech and Berytech Fund are designed to empower start-ups and SMEs through providing the tools and resources needed to realize their full potential. Our participation in BDL Accelerate, for the second consecutive year, helped us connect with these entrepreneurs, exchange information and experiences and offer them tailor-made mentoring with key industry experts”.

Over the two days of the conference, Berytech Fund II announced their investments for the year with great acclaim. More than $20 million worth of funds were committed .  For more info on the  company which will receive financial support, click here.

Associated member: Berytech
Published on 04-01-2016 00:00 by Nathalie Marchand. 1894 page views

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