ECONITIA: RESMYLE Eco-Incubator in Lebanon
Business incubators as hatcheries for start-ups are considered key tools to enhance job creation and strengthen regional economies. While the world population grows and consumption of natural resources increases, the ecosystem services decline. If these issues are not properly addressed, the economic, social, and environmental pressures that are growing in our societies will lead to disasters and threats to humankind. Green incubators can implement sustainability thinking and the related principles in the start-up community right from the beginning, and hence play a significant role in reorienting start-up businesses towards sustainability.
The Eco-Incubator “ECONITIA” is established in Lebanon in the Framework of RESMYLE Project funded by the European Union through the ENI CBC MED Program.
“ECONITIA incubator” will support the creation and growth of Green-business through organizational and technical assistance, which will contributes to the reduction of entrepreneurial failure.
A green business is a business that takes into consideration the environmental issues both in the general strategy of the business and in the product development strategies. Assuring the greenness of a business promotes the sustainable aspects of economic development.
The Main objectives of the ECONITIA incubator:
1- The creation of Green-employment in the community in South Lebanon
2- Diversification of the local economy
3- Support NEET to develop their green-business and facilitate their inclusion in the business market
The target of the Eco-incubator are the NEETs (Youth between 18 and 29 years old not in education, in training or in employment) in South Lebanon.
The ECONITIA incubator will attract NEET having business ideas geared towards sustainability and environment.
The types of projects to be supported can be Individual or collective business projects initiated by young people in one or more areas of activities related to sustainable development and leading to job creation for these young people. Examples: eco-tourist guide, building energy diagnosis, eco-construction, organic farming, Water management, landscape-green spaces, eco-design, communication environmental, maintenance/repair of solar panels and recycling, etc.
The Eco-incubator will ensure a number of functions:
o Propose a place of reception/work and equipment for young entrepreneurs
o Receive and support project leaders
o Assess their training needs and offer them training needed
o Offer them technical expertise depending on the project
o Support the networking of eco-entrepreneurs within the eco-incubator and between RESMYLE incubators
As well the eco-incubator may offer support to the entrepreneurs in Legal registration of the companies created, Invoicing, accounting and financial monitoring of hosted companies and Administrative Support.
- 2 main areas of training: Training related to the creation and management of the company: management, financial management, construction of a business plan, marketing, digital communication / Training related to specific areas of expertise related to the business project
The Eco-incubator will offer:
1- A meeting/training room equipped with Screen, computer, White board and a Video projector
2- A shared workspace containing a meeting room, computers, multifunctional photocopy
Criteria for the selection of projects
o Nationality: Lebanese
o Age: 18 years minimum to 29 years maximum
o Project of activity in the field of sustainable development:
a. Waste b. Water / sustainable water management c. Protection / management of natural areas d. Renewable energies / Energy efficiency e. Green or blue economy (sustainable agriculture, sustainable fishing, ecotourism, etc.) f. Travel-transport g. Sustainable Habitat h. eco-tourist guide, i. organic farming, j. landscape-green spaces, K. eco-design, L. maintenance/repair of solar panels and recycling, etc.
- Quality of the entrepreneurial project
a. Clarity of the project: clarity of the objectives, clarity of the description, precision of the description…
b. Social and economic interest of the project: potential impact of the activity for the employment of the young leader(s), the local community, the environment…
c. Feasibility and precision of support / training needs: realistic nature of the implementation of the project within the framework of the RESMYLE incubator, precision of the support expected from the eco-incubator
d. Economic and financial feasibility - realistic nature of the start-up budget for the activity and the provisional budget outline
Bonus criteria: Project led by a NEET (young unemployed and not following / no longer training) and Project led by a woman
o Upstream information
o Identification of projects (call for projects, upstream support, cooperation with universities, social organizations, etc.)
o Submission of an application file
o Evaluation by the local evaluation committee of the eco-incubator (common evaluation grid provided)
o Validation by the transnational evaluation committee (1 representative per partner organization)
o Response to the candidate
- For selected projects: agreement (template provided)
- For non-selected projects: support improving the application or referral to other support processes (excluding RESMYLE)
- Registration of selected and contracted projects in the RESMYLE eco-entrepreneurs database
How to apply
In order to apply, Please fill in the application by clicking on this Link or Scanning the QR code