GIMED: 4 green solutions move to the incubation phase in Lebanon
September 9, 2021
Out of the 20 initial projects, 10 start-ups showcased their ideas during a Pitching and Matchmaking event organised by Berytech, GIMED‘s lebanese partner, where 4 green solutions were chosen to join the incubation phase :
Lebanon Waste Management, a solution tackling the recycling of plastic and sand glass turning them into tiles and bricks.
Sofra, a solution producing natural and biodegradable single-use plates and bowls based on citrus and garlic processing to replace single-use plastics in cutlery and packaging applications.
Wave, a solution that aims to reduce commuting and pollution problems by introducing affordable electric bicycles, starting with a pilot in Beirut.
Urban Hives, a solution producing a low-cost, lightweight, modular structure, erected above car height, providing a shaded area for parking beneath and garden space above.
Therefore, the 4 selected finalists will receive additional support under the Green Applied Research & Innovations Support Program. The will also benefit from 3 months of incubation support from Berytech as well as receive a grant of 7,500€ to be spent on technical and business support. They will also have scheduled regional and international events to secure business meetings, trade deals, and potential investments.
Launched under the ENI-CBC Med Programme, EU-funded GIMED’s main goal is to support entrepreneurs, particularly young and women, to better access to finance and markets in 5 Mediterranean countries: Spain, Lebanon, Palestine, Tunisia, Egypt and Italy. On the ground, the project will train and coach eco-innovators and encourage financiers to invest in the Mediterranean eco-innovation sector.