December 19, 2018

How Postmates aims to impact local economy and fight against food poverty

A photo of a Postmates van delivering food to people in the US.

Image via Postmates. 
It’s an exciting time to be alive.
Technology and competition are providing endless convenience options to the point that it’s hard to complain about not getting what you need delivered to your doorstep, whenever and wherever you need it.
From Starbucks Corp. building on its partnership with UberEats to deliver coffee

Read More
December 13, 2018

How breaking traditions helped this entrepreneur forge his own success

A photo of the team behind Intellect

There are countless reasons to launch a startup.

Becoming your own boss, believing your idea will change the world, getting rich or not being able to work in a highly predictable environment, just to name a few.

Romeo Elias launched a startup because he did not

Read More
December 11, 2018

Impact investing counts: 5 trillion dollars are needed each year to reach sustainable development goals

Opening of Seedstars MENA Summit in Lebanon

Impact investing is the purposeful act of investing in a business or product that will generate, in addition to financial returns, a social or environmental impact.

A 2017 survey conducted by the Global Impact Investing Network, a nonprofit organization for scaling and measuring impact investing worldwide,

Read More
November 27, 2018

Can the digital sector save the Lebanese economy?

Can tech startups save the Lebanese economy?

What role should tech startups play to save their economy? (Image via LebNet)
Lebanon ranked as one of the least competitive economies, both globally and regionally, according to World Bank’s Lebanon Economic Monitor, Fall 2018: De-Risking Lebanon.
The country was ranked 105th of 137 countries, ahead of only Yemen in the Arab region. The

Read More
November 19, 2018

Why the right mentor can make it or break it for startups

Part of its mission to empower the next generation of Lebanese entrepreneurs, LebNet launched its residential mentorship program LebNet Ignite in 2014, to offer startups in Lebanon a two-week bootcamp in San Francisco.
Startups get access to the required expertise and know-how that will help them scale their businesses globally. Participants will meet investors

Read More
November 1, 2018

The lack of tech talent in the US: a fact or a supply gap?

“In the US, if every position is filled, if every person looking for a technology job gets hired, there are so many positions that can’t be filled for at least 20 years,” said Ahmad Al-Amine, cofounder of outsourcing management company TechGenies. “That’s how much shortage of tech talent there is in the US.”

Read More
October 24, 2018

LebNet Growth Plan: more programs, members and mentorship [Infographic]

LebNet is thrilled to announce its hypergrowth plan, LebNet 2.0.
This means more locations to cover, more programs, more members, more connections and more giving back.
To deliver on this plan, we will need your support in our upcoming fundraising campaign which will enable us to hire the proper staff for growth. The below infographic depicts our

Read More
October 23, 2018

Qualcomm president discusses 5G breakthrough and how the world will never be the same

In 2035, when the full economic impact of 5G should have touched the entire globe, a broad range of industries, from retail to education and entertainment, are expected to produce around US $12.3 trillion worth of goods and services enabled by 5G mobile technology, according to 5G economy reports.
Reports also stated that by

Read More
October 18, 2018

Lebanese diabetes startup Spike wins $100,000 from GITEX

After winning $50,000 during the fifth demo day from Lebanese accelerator Speed@BDD in March 2018, diabetes startup Spike strikes again, and this time during GITEX’s Future Stars’ Supernova Challenge, taking home $100,000.
GITEX is an annual consumer, computer and electronics trade exhibition, and conference that takes place in Dubai. 24 startups from around the

Read More
October 18, 2018

Insights from the Lebanese Fintech Global Conference #LebFintech

On October 13th, LebNet, LIFE and the Lebanese Canadian Tech Hub organized the Lebanese Fintech Global Conference at the CEIM (Center for Enterprise and Innovation of Montreal).
The conference, which was attended by 70 people, discussed the fintech ecosystem, future trends, the main tech players and how they are transforming the banking sector with

Read More