Impact brief, Issue 13

Fostering employment through business support to young entrepreneurs in Lebanon

Berytech

Short description

Berytech is a Lebanese-based organization that provides incubator services for start-up businesses and a business support centre for prospective entrepreneurs and young high-tech firms. By creating an ecosystem and network that foster innovation, Berytech contributes to employment creation and economic development in the Middle East and North Africa region. This brief showcases how a new web-based monitoring and evaluation (M&E) system substantially improved Berytech’s ability to track results. It also helped to assess the performance of the services Berytech provides to entrepreneurs whose business ideas are still in an early phase. Throughout the M&E system, an important focus was
put on identifying and addressing the specific needs of female business owners.