INNOVEST Middle East to increase level of initiatives in Lebanon
Small and medium-sized enterprises (SMEs) play an important role in the Lebanese economy and contribute substantially to income, output and employment. However, the political and security challenges Lebanon is facing has created a particularly tough climate for SMEs, with a reduction in demand and the surge in the costs due to increasing risk factors. However, Lebanon remains a leading Entrepreneurial market in the region, driven by its human capital, by a strong believe in its potentials, and by an array of successful stories of startups that started in Lebanon and grew to become regional and global organizations.
INNOVEST ME Management Team Meets President Michel Suleiman
On November 27th, 2015 INNOVEST management team represented by Bassam Falah – Founder and Managing Director and Maroun Najjar – Business partner at INNOVEST Middle East met President Michel Suleiman to explore potential areas to support the SME sector in Lebanon, being the growth engine of any economy. Discussion also tapped into the daily challenges of the Lebanese people, and INNOVEST Management shared thoughts on areas of support, and some information on a campaign being prepared for Lebanon.