1. Description
Name of the organisation | AgryTech |
Typology | Business Incubator/Accelerator |
Description | Co-funded by the Embassy of the Kingdom of the Netherlands and the Berytech Foundation, Agrytech is an accelerator and incubator program for startups with tech ideas in the agriculture or food sectors. |
Location | Berytech Technology Pole, USJ ESIB Campus, Mar Roukoz |
Geographical scope | Applicable to Startups within Lebanon |
Experiences in financing eco innovative projects | Through our grant-based accelerator program, Agrytech |
Instruments | The Agrytech program offers cash-based grants and cash-based 1:1 matching grants to startups. The grants are traunched between pre-accelerator, accelerator, and the incubator phases over the period of one year. |
Average investment – amount | Up to $41,300 in cash – the program is in its first year. |
2. Investor Criteria
Scope of operations – Industry/tags | Agriculture, Ag-tech, Food, Food-tech, Technology |
Phase of grow – business stage and target group of clients | Ideation; Early Stage and Growth. |
Most important prerequisites for financing a project | The startups apply through a competitive application process involving a written application form and in-person interviews with a panel of industry/investment/startup experts. |
Most important barriers that prevent financing | N/A |
Minimum investment required | N/A |
Currently available financial products | Grants |
3. Contact details
Contact persons / emails | – |
Address and telephone | Berytech Technology Pole, USJ ESIB Campus, Mar Roukoz – +961 81 383 519 |
Web site | www.agrytech.org |