LSTP announces LSTP Prize at LIRA Annual Forum of Industrial Technology and Innovation


As part of its initiatives to support innovative academic projects in science and technology that are linked to industry, LSTP (Lebanon Science and Technology Park) is pleased to offer the following prize to one of the award-winning projects at the LIRA  annual Forum of Industrial Technology and Innovation.

Prize Conditions

  1.   Project should be related to any science and technology fields with preference to ICT, Biotechnology and healthcare, and renewable energy
  2.   Project should satisfy all the winning criteria of the LIRA Annual competition
  3.   Project should score relatively high on the innovation and marketability elements of the project assessment criteria:
    • Project idea has to be original not copied (according to the IP regulations and patents). It should also have a sense of creativity
    • Project idea practical side will be taking into consideration and what extent the industry/society needs it
  4.   Project should be the base of a potential startup company that create job opportunities in North Lebanon
  5.   Project team members should show willingness and enthusiasm to become future entrepreneurs 


Prize Award

  •   Technical assistance to develop/complete the project commercial feasibility study and business plan
  •   Potential seed funding to create a startup company in North Lebanon after proving the commercial feasibility of the selected project and getting approval from LSTP board

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