Speed
Posted on May 28, 2018 in 2_Country Profiles, EARLY STAGE, GROWTH, Lebanon, Lebanon-EarlyStage, Lebanon-Growth
1. Description
| Name of the organisation | Speed |
| Typology | Accelerator |
| Description | Speed invests cash in top-tier companies in the Mena region. It accepts startups at the idea and early stage. |
| Location | Lebanon |
| Geographical scope | Mena Region |
| Experiences in financing eco innovative projects | Carpolo |
| Instruments | Equity investment |
| Average investment – amount | $30k in Kind , $30k cash |
2. Investor Criteria
| Scope of operations – Industry/tags | Software, digital and web/mobile industries. |
| Phase of grow – business stage and target group of clients | Early-stage and growth |
| Most important prerequisites for financing a project | Speed is mainly interested in tech innovation. |
| Most important barriers that prevent financing | Non-tech project |
| Minimum investment required | The quality of the team and the strength of their economic model. |
| Currently available financial products | Consumer technology, consumer products and consumer services sectors, but also consider ventures in other areas, such as logistics, food processing, and hospitality, among others. |
3. Contact details
| Contact persons / emails | info@speedlebanon.com |
| Address and telephone | +961 1 649555 ext 6020-6021 Berytech Digital Park BDD 1294 Bechara El Khoury Street Beirut Lebanon |
| Web site | http://speedlebanon.com/ |
