AltCity
Posted on May 30, 2018 in 2_Country Profiles, EARLY STAGE, GROWTH, Lebanon, Lebanon-EarlyStage, Lebanon-Growth
1. Description
| Name of the organisation | AltCity |
| Typology | Accelerator |
| Description | Elevate Impact Accelerator, formed in partnership with AltCity and UNICEF, is the first social impact accelerator created in cooperation with any UN agency globally. Elevate provides funding, customized trainings, specialized mentorship and more to top startup founders working to address critical challenge areas in Lebanon and beyond. |
| Location | Lebanon |
| Geographical scope | Lebanon |
| Experiences in financing eco innovative projects | Early-stage |
| Instruments | grants |
| Average investment – amount | 20,000$ |
2. Investor Criteria
| Scope of operations – Industry/tags | Social Impact Startups working to address critical challenges: – Education; – Health & Nutrition; – Water, Sanitation & Hygiene (WASH); – Child Protection & Gender-Based Violence; – Social Policy; – Youth & Adolescents; – Palestenian Program |
| Phase of grow | Early Stage and Growth |
| Most important prerequisites for financing a project | – The project needs to have a scalable/for-profit model |
| Most important barriers that prevent financing | – The project does not target one of UNICEF’s seven challenge areas |
| Minimum investment required | – |
| Currently available financial products | – |
3. Contact details
| Contact persons / emails | – |
| Address and telephone | – |
| Web site | www.altcity.me/ |
