Berytech, through THE NEXT SOCIETY Advocacy Panel, has been leading on setting a national innovation strategy for Lebanon since 2017, as part of THE NEXT SOCIETY action plan initiated by ANIMA Investment Network.
Experts hired by Berytech have written a report which proposes a roadmap of 29 actionable recommendations for universities and other key ecosystem players to boost the technology transfer dynamics in Lebanon. They defined a financing mechanism and a reward system for applied research adapted to the Lebanese academic context in order to incentivize researchers to develop projects with a commercialization potential, tailored to the needs of at least 5 universities in Lebanon.
THE NEXT SOCIETY is an open community of changemakers, entrepreneurs, investors, corporates, NGOs, public and private innovation, research and economic development hubs from Europe, Algeria, Egypt, Jordan, Lebanon, Morocco, Palestine and Tunisia. In 2017, THE NEXT SOCIETY launched a four-year action plan (2017-2020), co- funded by the EU up to 90% for a global amount of EUR 7.8 million budget to support the emergence of talents and innovative leaders who will drive the next trends and usages by targeting startups, clusters and technology transfer offices to accompany their development.