Smart ESA and INJAZ Lebanon promote young entrepreneurs

As part of its commitment to create openings for young entrepreneurs, INJAZ Lebanon non-government organization held its 11th annual national Young Entrepreneurs Competition (YEC) 2017 at the AUB campus. The event held under the patronage of Banque du Liban, aims to select the best school and university teams respectively for the ‘Best Company’ award. The winning teams are: Ayadi from USJ and Innovating Green Technology from AUB. Ayadi is an online platform that aims at building connections to facilitate volunteering and social services through networking volunteers and donors with charities, NGOs, municipalities and groups or associations in need for volunteers. Innovating Green Technology, on the other hand, aims to resolve the natural energy crisis in order to become more effective, starting from the solar heater system, through inventing the PRO-Shield product. Meanwhile, the director of Smart ESA startup accelerator and incubator program, Jihad Bitar, revealed in an interview with An Nahar, that the program has received about 300 applications, noting that only 15 students were accepted. The selection method, Bitar stated, is based on choosing the best projects, with focus on the individuals or the team behind the launching. Bitar also pointed out that 10 out of the 15 Smart ESA beneficiary entrepreneurs have been shortlisted for the final stage on October 10 to present their projects before a group of investors and businessmen in order to be adopted or receive the required funds. The projects include, marketplace app, a diabetes smart watch, applications similar to snapchat and a smart bulb. (Al Diyar, An Nahar, September 21, 26, 2017)
 
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