Endeavor

Endeavor Lebanon Impact Report 2013–2014

Issue link: http://endeavor.uberflip.com/i/317370

Contents of this Issue

Navigation

Page 18 of 63

Lebanon benefits from a large diaspora which can be leveraged to give Lebanese companies access to new markets. Endeavor Lebanon and its ecosystem partners LFE, LIFE, LebNet, MIT Enterprise Forum, Bader, Berytech, AMIDEAST and AltCity are playing a crucial role in bridging the gap between these communities and Lebanese entrepreneurs. Roughly 74% of the companies surveyed by Endeavor Lebanon report that their products and services are available both in local and foreign markets. Another factor that plays an essential role in the regional and global expansion of Lebanese companies is Lebanon's strategic geographical location, which has always been considered an asset for the country. It is within easy reach of the rapidly evolving- and not yet saturated- Gulf, Levant and North African markets. Domestic & Foreign Markets Domestic Market Only Foreign Markets Only FOREIGN VS DOMESTIC PRESENCE OF SURVEYED COMPANIES 8% 74% 18% QUOTED "It is better to be a big fish in a small pond than a small fish in a big pond. We can test and fine-tune new business ideas in a small country like Lebanon. It's a great platform for us." Nada Debs, Founder and CEO, Nada Debs Endeavor Entrepreneur 19

Articles in this issue

view archives of Endeavor - Endeavor Lebanon Impact Report 2013–2014