For nearly two decades, IRALEB’s LIRA competition has acted as a critical platform for fostering innovation by uniting Lebanese academic and industry talent to tackle real-world challenges. This year, the program saw a continued strengthening of its efforts, with valuable support from Berytech, and funding by the European Union under the Lebanon Innovate initiative. The role of Berytech in providing mentorship, resources, and a collaborative ecosystem has been crucial in accelerating the development of startups.
What stands out in this year’s edition is the focus on advancing early-stage innovations, with a clear emphasis on refining prototypes and preparing them for the next stages of development. Berytech’s involvement ensures that these startups are well-equipped to make progress and move closer to market-ready solutions through a 35-month incubation period.