For the sixth consecutive year, ArabNet Beirut brought together the hottest trends and startups in digital business, covering everything from e-commerce and digital media to innovations in hardware.
The conference tackled the growing role of banks in the entrepreneurship ecosystem with a panel focusing on Circular 331 initiated by BDL
; in addition to several topics such as developing great video content for the web; working with influencers in e-marketing; and more on customer service, fashion, entertainment and production.
The conference also brought some good news for the entrepreneurial industry in Lebanon. Henri Asseily, partner in the Beirut and Dubai-based Leap Ventures, announced that the VC’s $71 million fund was officially “ready for business.” Looking to invest in regional startups at the Series B stage, the firm will be putting between $3 and $7 million in up to three companies per year. In addition, new entrepreneur-friendly spaces in Lebanon were announced during the conference such as the accelerator Flat6Labs and the UK Lebanon Tech Hub, an international initiative which will operate from BDD, offering UK expertise, exposure, and experience to support Lebanese entrepreneurs and grow Lebanon’s knowledge economy.
With all these new initiatives, the Lebanese start-up and entrepreneurial Ecosystem should hopefully develop and grow during the next upcoming years, and it is exactly with conferences such as ArabNet that more and more entrepreneurs, investors, and mentors can connect, exchange and benefit.