Flat6Labs
Posted on May 30, 2018 in 2_Country Profiles, EARLY STAGE, GROWTH, Lebanon, Lebanon-EarlyStage, Lebanon-Growth
1. Description
| Typology | Accelator |
| Description | Flat6Labs Beirut is a startup seed program and early stage fund. The Seed Program provides cash investment, mentorship, office space and legal support for entrepreneurs to build a successful startup. The Early Stage Fund invests in startups with demonstrated market traction, a solid team and a growth plan. |
| Location | Lebanon |
| Geographical scope | Lebanon |
| Experiences in financing eco innovative projects | Open for Proposals from Green Technology and Knowledge Economy Entrepreneurs |
| Instruments | Cash investment, mentorship, coaching, business and legal support, marketing and more |
| Average investment – amount | $30k-$50k in cash in exchange for 10%-15% equity for seed stage entrepreneurs ; $150k-$500k for early stage startups |
2. Investor Criteria
| Scope of operations – Industry/tags | Knowledge economy, sector agnostic, including: Renewable Energy & Agricultural Solutions, FinTech, EdTech and HealthTech. Digital Content & Gaming, Hardware, Electronics & Manufacturing Solutions, Media & Entertainment, ICT, B2B & Infrastructure Services |
| Phase of grow – business stage and target group of clients | Early Stage and Growth |
| Most important prerequisites for financing a project | Seed stage: Team and prototype; Early stage: Established startups with growth plans |
| Most important barriers that prevent financing | Technological innovation , Individual founders |
| Minimum investment required | Seed Program: 10%-15%; Early Stage fund: varies |
| Currently available financial products | Funding : Seed Stage and Early Stage |
3. Contact details
| Contact persons / emails | – |
| Address and telephone | 1ST Floor, Khoury Building, Badaro Street, Beirut, Lebanon |
| Web site | www.flat6labsbeirut.com |
