Speed Lebanon

Speed@BDD is a collaborative effort between prominent regional investors and leading Lebanese entrepreneurship organizations. Their main mission is to boost the Lebanese ecosystem by investing in high potential technology startups at the idea and seed stage. How long is the acceleration program? Our acceleration program is for 3 months. How many and what type of startups do you accept? We accept 10 startups in each cycle, and we do two cycles a year. Startups are primarily web and mobile apps, including those with hardware components. How much funding do we receive? Does it include hosting, internet, and other services? Accepted teams receive cash investment of $30K. In addition, and besides the extensive rich sessions and market exposure we offer, your team will benefit from additional services such as work space at BDD, internet, marketing packages, gym discounts, sponsored meals and other facilities once you join the program. How much equity do you take? We take 10% equity. Do you offer follow on funding? The top- two companies in each cycle will get 20,000$ follow-on funding from Speed@BDD for Silicon Valley immersion. In addition, we open the doors to early stage investors in Lebanon and abroad, as we will be working on introducing your teams. Do we have to work from your offices during the entire acceleration period? Yes. Speed@BDD offices are located in Beirut Digital District (BDD), Lebanon. Can we apply if we are located outside Lebanon?