{"id":26125,"date":"2019-11-28T11:15:17","date_gmt":"2019-11-28T09:15:17","guid":{"rendered":"http:\/\/berytech.org\/?page_id=26125"},"modified":"2021-07-19T12:08:30","modified_gmt":"2021-07-19T09:08:30","slug":"report-2002-2018","status":"publish","type":"page","link":"https:\/\/berytech.org\/impact\/report-2002-2018\/","title":{"rendered":"Berytech Impact Report 2002 – 2018"},"content":{"rendered":"\n
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THE ECOSYSTEM FOR ENTREPRENEURS <\/h2>\n\n\n\n

Berytech was created with the vision to catalyze the Lebanese startup ecosystem. After close to two decades, it was able to create this giant ripple effect that has set in motion accelerators, incubators, VC funding, support organizations and government policies. <\/p>\n\n\n\n

Today, we are reaping a generation that embraces the power of entrepreneurship and the impact it has on its future and the future of our economy<\/strong>. <\/p><\/blockquote>\n\n\n\n

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Berytech is still the only organization in Lebanon to provide an across-the-board ecosystem for innovative entrepreneurs to create and develop their own startups and SMEs. When joining Berytech, one becomes part of an interconnected community of entrepreneurs, creators, experts, innovators, changemakers, dreamers, believers and hard workers.<\/p>\n\n\n\n

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16 YEARS OF EVOLUTION<\/a><\/div>\n<\/div>\n\n\n\n
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16 YEARS IN NUMBERS<\/a><\/div>\n<\/div>\n\n\n\n
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IMPACT: FOCUS ON 2018<\/a><\/div>\n<\/div>\n\n\n\n
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OUR PROGRAMS<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n
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OUR COMMUNITY<\/a><\/div>\n<\/div>\n\n\n\n
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OUR FUNDING ENTITIES<\/a><\/div>\n<\/div>\n\n\n\n
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OUR DONORS & PARTNERS<\/a><\/div>\n<\/div>\n\n\n\n
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DOWNLOAD THE REPORT<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n
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16 YEARS OF EVOLUTION
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Initiated in 2002 by the Saint-Joseph University, the establishment of Berytech was supported by key economic stakeholders including major banks and technology, commercial and industrial organizations.<\/p>\n\n\n\n

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DOWNLOAD THE ENTIRE IMPACT REPORT<\/a><\/div>\n\n\n\n
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16 YEARS IN NUMBERS<\/h2>\n\n\n\n
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130+<\/h3>\n\n\n\n

Startups
Incorporated<\/h4>\n\n\n\n

In direct result of Berytech\u2019s support<\/p>\n<\/div>\n\n\n\n

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330+<\/h3>\n\n\n\n

Companies
Hosted<\/h4>\n\n\n\n

Over the past 16 years across the 3 Berytech sites<\/p>\n<\/div>\n\n\n\n

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1800+<\/h3>\n\n\n\n

Direct
Jobs Created<\/h4>\n\n\n\n

Through the companies that Berytech has supported<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Note<\/em><\/strong><\/p>\n\n\n\n

It takes a period of 12-18 months for founders to turn their idea into an actual company, during which Berytech provides its support. <\/em><\/p>\n<\/div>\n\n\n\n

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3600+<\/h3>\n\n\n\n

Entrepreneur
Supported<\/h4>\n\n\n\n

Includes participants of programs, workshops, trainings, competitions and other Berytech related activities<\/p>\n<\/div>\n\n\n\n

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$1.7M+<\/h3>\n\n\n\n

Granted
to Startups<\/h4>\n\n\n\n

Through Berytech programs and competitions<\/p>\n<\/div>\n\n\n\n

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$19.5M+<\/h3>\n\n\n\n

Funds Raised to Manage Programs<\/h4>\n\n\n\n

Raised through international donors over the 15 years including IM Capital Funds<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Note<\/em><\/strong><\/p>\n\n\n\n

Numbers exclude the impact of Berytech Technology Fund, Berytech Fund II, IM Capital <\/em><\/p>\n<\/div>\n\n\n\n

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$70M+<\/h3>\n\n\n\n

Being Invested
in Startups<\/h4>\n\n\n\n

The sum of the total budget of investment across the 3 funds<\/p>\n<\/div>\n\n\n\n

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4<\/h3>\n\n\n\n

Exits

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All done by Berytech Technology Fund in 2016<\/p>\n<\/div>\n\n\n\n

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31<\/h3>\n\n\n\n

Companies

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Currently in portfolio of the 3 funds<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Note<\/em><\/strong><\/p>\n\n\n\n

Numbers above are on the impact of Berytech Technology Fund,
Berytech Fund II, IM Capital <\/em><\/p>\n<\/div>\n\n\n\n

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DOWNLOAD THE ENTIRE IMPACT REPORT<\/a><\/div>\n\n\n\n
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IMPACT: FOCUS ON 2018

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62<\/h3>\n\n\n\n

Startups
Supported<\/h4>\n\n\n\n

Through our acceleration, incubation, programs and competitions an increase of 32% since 2016<\/p>\n<\/div>\n\n\n\n

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72%<\/h3>\n\n\n\n

Survival
Rate<\/h4>\n\n\n\n

Out of the 62 startups we supported in 2017, 45 startups survive and are still active<\/p>\n<\/div>\n\n\n\n

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12<\/h3>\n\n\n\n

New Companies Incorporated<\/h4>\n\n\n\n

Of the startups that Berytech supported, 12 were incorporated in 2017<\/p>\n<\/div>\n<\/div>\n\n\n\n

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$1.5M<\/h3>\n\n\n\n

Revenue
Generated<\/h4>\n\n\n\n

By 30 active startups that Berytech supported in 2018<\/p>\n<\/div>\n\n\n\n

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$160K<\/h3>\n\n\n\n

Received in
Loans<\/h4>\n\n\n\n

By 30 active startups that Berytech supported in 2018<\/p>\n<\/div>\n\n\n\n

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$993K<\/h3>\n\n\n\n

Investment
Raised<\/h4>\n\n\n\n

By 6 startups supported by Berytech in 2017<\/p>\n<\/div>\n<\/div>\n\n\n\n

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71<\/h3>\n\n\n\n

New Jobs
Created<\/h4>\n\n\n\n

By 30 startups that Berytech supported in 2018<\/p>\n<\/div>\n\n\n\n

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$853K<\/h3>\n\n\n\n

Received in
Grants<\/h4>\n\n\n\n

By 30 startups that Berytech supported<\/p>\n<\/div>\n\n\n\n

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Note<\/em><\/strong><\/p>\n\n\n\n

Numbers by those who reported back.<\/em><\/p>\n<\/div>\n\n\n\n

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\"235<\/figure><\/div>\n\n\n\n

190<\/h3>\n\n\n\n

Unique Entrepreneurs Supported<\/h4>\n\n\n\n

Through Berytech programs, trainings and related activities<\/p>\n<\/div>\n\n\n\n

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\"129<\/figure><\/div>\n\n\n\n

105<\/h3>\n\n\n\n

Hosted
Companies<\/h4>\n\n\n\n

Throughout the 3 Berytech sites in 2018<\/p>\n<\/div>\n\n\n\n

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\"116<\/figure><\/div>\n\n\n\n

26<\/h3>\n\n\n\n

Community
Events<\/h4>\n\n\n\n

Organized by Berytech<\/p>\n<\/div>\n<\/div>\n\n\n\n

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\"24<\/figure><\/div>\n\n\n\n

8<\/h3>\n\n\n\n

Ecosystem
Events<\/h4>\n\n\n\n

Participated in by the Berytech team members<\/p>\n<\/div>\n\n\n\n

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\"73<\/figure><\/div>\n\n\n\n

111<\/h3>\n\n\n\n

Trainings and Workshops<\/h4>\n\n\n\n

Managed by Berytech’s Business Support and Development Department<\/p>\n<\/div>\n\n\n\n

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8<\/h3>\n\n\n\n

Programs
Managed<\/h4>\n\n\n\n

With local and international partners<\/p>\n<\/div>\n<\/div>\n\n\n\n

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DOWNLOAD THE ENTIRE IMPACT REPORT<\/a><\/div>\n\n\n\n
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OUR PROGRAMS & BUSINESS SUPPORT<\/strong><\/h2>\n\n\n\n

With its thorough business support offerings and multi-faceted programs, Berytech aims to catalyze the growth of startups ensuring long-term sustainability of their businesses while assuring that they have constant and updated access to all the resources they need to scale-up.<\/p>\n\n\n\n

The Department of Business Support and Development is the first contact point for any entrepreneur seeking the business support services of Berytech. The department offers customized support tracks to entrepreneurs at the different phases of their journey. <\/p>\n\n\n\n


WHO BENEFITED

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