LebNet CEO and co-founder George Akiki and Endeavor Lebanon Managing Director signed a Memorandum of Understanding to mentor Lebanese entrepreneurs.

LebNet and Endeavor Lebanon signed a memorandum of understanding (MoU) on May 13 to mentor Endeavor Entrepreneurs through LebNet’s network of diaspora professionals.

This partnership will allow Endeavor Lebanon’s entrepreneurs to benefit from the support of the North American LebNet network of tech professionals to augment its mentoring capabilities by sourcing specialized support for their Lebanese high-impact entrepreneurs. LebNet members will have the opportunity to provide key assistance to Lebanese scale-ups ranging from punctual mentoring to more strategic guidance.

“Our collaboration with such a renowned worldwide network of entrepreneurs, mentors and investors is of great value to LebNet’s core mission of mentoring and we’re looking forward to adopt some of Endeavor’s best practices and to sharpen our assistance to Lebanese entrepreneurs,” said George Akiki, CEO and co-founder of LebNet.

“By connecting our local entrepreneurs with esteemed Lebanese diaspora professionals from LebNet’s network, we wish to encourage mentorship that can contribute to scalability, job creation and growing the Lebanese economy,” said Christina Chehade, Managing Director of Endeavor Lebanon.

The MoU was signed by George Akiki, CEO and co-founder of LebNet and Christina Chehade, Managing Director of Endeavor Lebanon.

Established in 1997, Endeavor is leading the global high-impact entrepreneurship movement to drive economic growth and job creation by selecting, mentoring, and accelerating the best high-impact entrepreneurs around the world. To date, Endeavor has screened more than 70,000 individuals and selected more than 1,800 founders leading over 1,100 scale-up companies. Lebanon is Endeavor’s eleventh country and fourth in the MENA region. Since its launch in 2011, the Endeavor Lebanon office has selected 40 high-impact entrepreneurs from 31 companies.