Silicon Valley tour by Lebanese ICT enterprises to support startups

The American Lebanese Chamber of Commerce announced during a press conference in Beirut yesterday that it is organizing a ‘Start Up Lebanon-Silicon Valley Roadshow’ between September 12 and 17 in collaboration with Startup Megaphone. The scheduled field trips by the delegation of emerging enterprises will cover the large  tech companies in the capital of the American technology. Some 30 startups are participating, besides representatives of the Central Bank of Lebanon, the Financial Markets Committee, Micro Venture Capital Funds, as well as concerned lawyers and business people. The aim of the visit, according to the Chamber’s Chair, Salim Zenni, is to introduce the Lebanese startups in the sector to the best experiences notably in the domains of investment, business accelerators and investment guidance. This, Zenni added, helps open doors for the young generation of Lebanon to venture and sell their innovations globally, in addition to facilitate communication with interested investment funds. The visit, Zenni pointed out, will cover Facebook, Microsoft, Uber, Instagram, Google, SAP and Startups 500 and will include business meetings with their heads. The Lebanese delegation is also scheduled to partake in the European Innovation Day at LinkedIn. The US ambassador to Lebanon, Elizabeth Richard, expressed her government’s commitment to support economic prosperity in Lebanon through the Lebanon Value Chain Development Program or the present initiative. (As Safir, Al Hayat, the Daily Star, An Nahar, L’Orient Le Jour, September 8, 2016)