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Agro-food initiative to provide 100 jobs to women

17-1-2020

Berytech launched on January 15 the ACT Smart Innovation Hub funded in partnership with the Embassy of The Netherlands. The program is an upgraded copy of Agrytech with a supplement clean tech sector (energy, waste and water) which aims to build up economic growth and create jobs in the agri-food and clean technology industries. According to Berytech chairman and CEO, Maroun Chammas, said program is expected to provide around 200 direct employment opportunities and some 400 indirect prospects, including 50% targeting the youth and 25% linked to women. It will also allocate necessary know-how resources to concerned startups to help them expand and grow their ideas into international businesses in addition to a funding of USD 100,000. The ACT Smart Innovation Hub extends over 36 months from September 2019 to August 2022. During the launch, Berytech deputy general manager, director of the program, Rami Bou Jawdeh, explained that the program will benefit from Agri-tech achievements with new areas directed to improve access to markets and partnerships through technology transfer, supportive research and focus on actual market challenges. The Dutch ambassador, Jan Waltmans, for his part, said the current status quo in Lebanon underlines the need to prop innovation and job creation for youth. He pointed out that investment in agro-food and cleantech is a priority for Netherlands in Lebanon. (L’Orient Le Jour, January 17, 2020)

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