Danish program to support SMEs in Tripoli

The president of the Chamber of Commerce, Industry and Agriculture in Tripoli and the North, Tufic Dabbusi, sponsored yesterday the distribution of cheques on a number of beneficiaries from the Danish-funded SME Support Project for Lebanese Residents and Syrian Refugees in Tripoli and Zghorta. The ceremony was held in the presence of the director general of the Chamber affiliated Business Incubation Association in Tripoli (BIAT), Fawaz Hamedi, and a group of concerned dignitaries. On the occasion, Dabbusi lauded the role of BIAT in its commitment, as a coordinator, to the implementation of the contents of the project, and hailed the constructive intervention of the Danish donors in providing support to small and medium enterprises. Dabbusi underlined the importance of strengthening ties between Lebanese and Syrian innovators. For his part, Hamedi revealed that BIAT has received a considerable number of applications that were carefully reviewed and selected in line with set benchmarks. He pointed out that the participating entrepreneurs have completed training sessions on how to prepare a feasibility study and employ practical applications that guarantee success. In conclusion, Hamedi announced that 15 projects were shortlisted after being properly evaluated. They also received financial grants up to USD 5 thousand and 10 thousand each, depending on the type and cost of the project. (Al Diyar, December 28, 2016)