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2013 cambridge the case of lebanon,salam yamout,presidency of the council of ministers
1. Republic of Lebanon
Presidency of the Council of Ministers
Office of the Prime Minister
The Case of Lebanon
Salam Yamout
Presidency of the Council of Ministers
The “How-to” of Technology Acquisition, Innovation and
Entrepreneurship Workshop
June 20-21 2013, Cambridge
Republic of Lebanon
Presidency of the Council of Ministers
Office of the Prime Minister
2. What We Know
• No clear strategy and policy, however… many initiatives
– https://docs.google.com/file/d/0B_JR_7wa3jPBdGhNM0FoOHVFNXM/edit?
usp=sharing
• Myths and Reality
– Substantial government support in the form of various subsidies
– Strength of Lebanese Universities and researchers ( Highest Citation Index in
the Arab World)
– Quality students
• top scores in STIMMS test, 29% enrolment in STEM subjects, 10% enrolment
Masters and PhD
– Networks available naturally
– History and culture of democracy, public-private governance, freedom, etc.
• MoET is currently preparing SMEs strategy and over-arching policy
Presidency of the Council of Ministers 2
3. • Prior to 2012
– Lebanese Industrial Research Achievements (LIRA) ALI&CNRS (since 1997)
– Science Technology and Innovation Policy (2002)
• MOI Innovation Vouchers (300K)
Up to EUR 10K for innovative concepts (since 2012)
• ESCWA Technology Center
• USD 30M of BDL loan package dedicated to R&D
• Innovation Survey (CNRS, PCM, & World Bank)
Ongoing - Results to be revealed 28 June 2013
• iSMEs Project (MOF / Kafalat / PCM / World Bank)
2.5 M for concept grants / 25 M government co-fund equity in innovative SMEs
Presidency of the Council of Ministers 3
Technology and Innovation
4. RIYADA
RED
MEVP
Kafalat
BIAT
SME
Unit
Early
2000
FundsFacilitators
Source : Zawiya and Endeavor Lebanon
Late
2012
Cedrus
BBF
Berytech BADER
MIT
SouthBIC
Berytech
Fund
LBA
AltCity
Endeavor
Wamda
+
Inno
Mowgli
AMIDEAST
Arabnet
VC Incubator / Accelerator Bank Guarantor Facilitator Angel
# of
VC
Deals
0 0 0 0 0 0 0 0 2 1 7 9 13
Size of bubble indicates amounts of fund
Seeqnce
Entrepreneurial Eco System
5. Exponential Organic Growth: New Comers in 2012-2013
Presidency of the Council of Ministers 5
ENTREPRENEURS
LEBANON
WWW.ENTREPRENEURSLEBANON.COM
Entrepreneurial Culture
6. Conclusions and Recommendations
(What we Don’t Know)
• What are the sectors that are conducive for the next Lebanese big innovation
– Supply driven
– Demand driven (regional, global)
• What are the sectors that Lebanon has a competitive advantage in
– Creative Industries
– Design and Engineering
– Food / Agro-food
– Web and mobile apps
• Technology Transfer Office for all universities in Lebanon
• Government should have a clear focus, strategy and emanating policies
Presidency of the Council of Ministers 6
Editor's Notes
155,000 students enrolled in universities across Lebanon