A business incubator to encourage women and men university graduates to design software programmes || Newspapers (Arabic)

The Minister of Finance and the Minister of Communication have agreed to initiate the first practical steps towards the setting up of a business incubator which will help university Computer Science graduates to develop new software.  The two Ministries will share the cost of this incubator which will reach a total of USD 12.8 million, noting that the incubator will be set up as a public non-profit entity and independent from both Ministries.

Both Ministers emphasized the importance of such a step in supporting the creativity and pioneering sectors which can draw on the distinctive competence of Lebanon in terms of its human resources.  The business incubator is expected to attract young people with potentials and will hopefully provide them with financial resources to transform their ideas into tangible projects.  Both Ministers declared that the knowledge and creativity sectors have the potential to be the lead propeller of economic growth and of creating new employment opportunities for young women and men.
Source: Al-Nahar 9 February