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apply for IDAL’s incentives
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Loans & Other Facilities

For entrepreneurs looking to finance their business, Lebanon offers a wide range of financial support schemes ranging from commercial loans at preferred rates to VC Funds:

 

INSURE & MATCH CAPITAL (2015)

The United States Agency for International Development (USAID) and Berytech announced the official launch of “Insure & Match Capital” (IM Capital).
This initiative falls under the Middle-East and North Africa Investment Initiative (MENA-II) funded by USAID, to help alleviate the region’s high unemployment rates, contribute to job creation, and ensure sustainable social development and economic growth.
IM Capital, a newly established Holding and a fully-owned subsidiary of Berytech Foundation, will direct investment initiatives up to $15 million over a five-year period into three investment support components: Matching Capital, Equity Guarantee, and Technical Assistance.
For more information, please click here.


CENTRAL BANK INITIATIVE (2014)

The Central Bank of Lebanon is now making investments in start-ups safe: It now provides incentives for Lebanese Commercial Banks to directly invest in start-ups, funds, accelerators and incubators by guaranteeing up to 75% of their investments in start-ups. The aim of this initiative is to help boost the technology sector by providing it with much need financing. What does it mean for start-ups and VC funds? More sources of financing available to them as commercial banks can now become direct equity partners in their ventures. Bank Al Mawarid has already made a direct investment in one start-up and Bank Audi and Bank Med will soon follow suit. 400 Million USD have been allocated to support start-ups. For more information on the this initiative please refer to Circular 331.

 

KAFALAT FUNDING SCHEME

Kafalat is a loan guarantee company that provides guarantees for loans granted by commercial banks to SMEs engaged in the following economic sectors: Industry, Agriculture, Tourism, Traditional Crafts and Technology. There are 3 types of loan guarantees offered by Kafalat, with one targeted at supporting innovative start-ups. For more information on the financial guarantees offered by Kafalat, you can access their website on www.kafalat.com.lb.

VC FUNDS

The Lebanese landscape has recently witnessed the surge of VC funds offering entrepreneurs with seed and growth capital to grow their business. Example of such VCs can be found in the attached PDF. In 2014, Middle East Venture Partners (MEVP) announced the launch of the IMPACT Fund, a USD 50 million venture capital fund that will invest between one and five million dollars per operation in knowledge-based startups, with ICT and creative industries as primary sectors. If you would like to contact these VCs, please email us at invest@idal.com.lb.

 

iSME WORLD BANK FUND (2013)

A USD 30 million fund recently earmarked by the World Bank to the Lebanese government to finance seed and early growth companies. If you want to learn more about the iSME Fund, check Kafalat website on www.kafalat.com.lb. Kafalat is the entity responsible to manage this fund.

BERYTECH FUND 

Start up fund which invests in early growth Lebanese companies involved in the field of ICT, in exchange for equity ownership. For more information on the fund, you can access their website on www.berytechfund.org.

FARO LEBANON FUND (2013)

A newly set-up seed capital fund targeted at SMEs that provide innovative products or services. To know more about the fund eligibility criteria, check the Beirut and Mount Lebanon Chamber of Commerce, Industry and Agriculture (CCIB) website www.ccib.org.lb.
 

INCUBATORS

Today there are more than 5 incubators in Lebanon, with at least 2 have them having their own funds which offer seed capital fund for start-ups.

IDAL INCENTIVE SCHEMES

IDAL offers investors operating in the field of Industry, Agriculture, Agro-Industry, Tourism, Information Technology, Technology, Telecommunication, and Media with a set of financial incentives to encourage investments in them. More information on IDAL's incentives can be found in the Investment Incentives section.
 

  • For more information on the Loans & Other Facilities, please download the PDF.
  • For more information on the Investment Incentives, please download the PDF. 
Get in Touch
Lazarieh Tower, 4th Floor, Emir Bechir Street, Riad El-Solh Beirut, Lebanon, P.O.Box 113-7251
Phone
+961 1 983306 / 7 / 8
Fax
+961 1 983302 /3
Loans and Other Facilities
IDAL SERVICES AND INCENTIVES GUIDE 2016
Useful Addresses