Lebanon Lebanon
Sat Nov 03, 2018
Michel Issa Foundation Lays the First Brick of "Berytech Amchit", the First Innovation Parks outside Greater Beirut

Michel Issa Foundation for Local Development (MIF) and Berytech are organizing an event to lay the first brick of "Berytech Amchit", the first Innovation Parks outside Greater Beirut, that is due to open its doors in 2020.

The expected event will take place on Saturday November 3 at 2:30 pm at the project site on Amchit Highway (near IPT Headquarter building) and will be attended by board members from MIF, Berytech, and Erga, in addition to Maronite bishop of Jbeil Michel Aoun, Professor Salim Daccache s.j. Rector of Saint Joseph University (USJ).

"Berytech Amchit" will be built on a 5000 m2 area located at Amchit-Jbeil highway. Being the first project of its kind in the area, this center aims to address the economic needs of the region, foster innovation and entrepreneurship, to contribute to job creation and to bring high value and impact to the region. The aim of this project is to attract local young talents, entrepreneurs, start-ups and professionals, by reducing the burden of commuting and migration; thus it will be designed to offer them with a multitude of valuable services that are available at all Berytech (BIC) sites including:

- Worry-free fully furnished modern eco-friendly flexible hosting offices and services for startups and SMEs paralleled with a co-working space for freelancers and entrepreneurs.
- Business development services including coaching, training, networking events, mentoring and access to finance to support entrepreneurs.
- Meeting and conference spaces will additionally be open to benefit professionals in the area. 

This initiative comes in line with Michel Issa Foundation for Local Development (MIF) contribution to local development as it aims to build capabilities within the community for self-employment and income generation, in addition to fostering entrepreneurship initiatives among the Lebanese youth to get involved in the business sector as employers, and to securing jobs for fresh graduates without the need to flee to the capital or to immigrate.