In partnership with the world’s leading accelerator, Techstars, AltCity organized last Thursday the first Launch Summit 2016, an earlystage startup conference, at the Ecole Superieure des Affaires (ESA) in Beirut. The event which hosted over 60 high-profile speakers from across the Middle East and was attended by over 750 participants, aimed at spreading awareness on technology leadership principles, as well as helping the youth make the first critical steps in the world of emerging businesses. The summit gives young entrepreneurs the opportunity to meet technology leaders and learn from them the basics of market research, product development and funding. In addition to express talks on present innovations and future trends, the conference included specialized workshops, speed mentorship activities, group sessions on cross sectoral analysis and networking opportunities at industry specific community tables. On the occasion, AltCity founding partner, David Munir Nabti, pointed out that the ultimate goal from organizing such event was to encourage ambitious persons who wish to set up their own private enterprises in Lebanon, noting that Techstars is willing to merge its pioneers in the MENA region. For his part, Al Mawarid Bank general director, Marwan Khairiddine, while underlining the need for the creation of a 10-year health system that covers startups, said that “in Lebanon, we were able to achieve impressive outcomes in only 3 years as a result of an in-depth study of the environmental system.”, adding that Lebanon is a good example for others, namely the US Silicon Valley, which he claimed, was trying to copy the experience of the country. (Al Mustaqbal, As Safir, September 24, 2016)