Description of financial services:

Grow My Business is a joint initiative between Beirut Traders Association, MIT Enterprise Forum – Pan Arab Region and Bank Audi. Its primary objective is to encourage owners of small and medium-sized enterprises (SMEs) to add value to the economy by taking their businesses to the next level and, ultimately, creating more jobs and income generation. It provides Lebanese SMEs and start-ups with the proper platform to upgrade their business through expansion, merger, acquisition, export, or introducing a new line of product/services.
Recognizing the importance of promoting entrepreneurship and supporting the development of the private sector and economic growth of Lebanon, Grow My Business contributes to achieve this through an award program of 50,000,000 LBP.

Description of the competition and any conditions for eligibility:

Interested applicants can apply individually or part of a team and should:

• Be Lebanese
• Own an enterprise that has a commercial registry in Lebanon
• Have plans to expand their current business and take it to the next level

Description of other services:

Applicants applying to the competition can maximize their chance of winning, if their ideas: Add value to the economy and create jobs Show innovation and creativity (not necessarily related to technology) Demonstrate scalability and not limitation to a Lebanese market Have positive long term impact on Lebanon