Lebanon: digital economy

Based on historical performances, venture capital funds play a crucial role in invigorating economies and creating best-in-class businesses and high quality employment opportunities. MEVP, which proudly started as a Lebanese venture capital firm in 2010, fills this gap in Lebanon by funding scalable ventures, fulfilling their growth opportunity and creating a next generation of companies. Lebanon has a strong educational system with a highly capable population. Although the overall market in Lebanon is small, Lebanese entrepreneurs can create businsses that can have regional and even global footprint. The knowledge economy, i.e. businesses in the Internet Communication and Technology (ICT) space, are ideal to be started from Lebanon, as they need brains and lower capital...