Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency...
Transcript of Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency...
![Page 1: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/1.jpg)
Republic of Lebanon Presidency of the Council of Ministers
Office of the Prime Minister
Stock Taking
“SMEs Initiatives Map”
Salam Yamout
Yasmina El Khoury Raphael
Presidency of the Council of Ministers
Support to SMEs Workshop, May 14 2013, Beirut
Republic of Lebanon Presidency of the Council of Ministers
Office of the Prime Minister
![Page 2: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/2.jpg)
Introduction
• Mapping exercise initiated by MoET, PCM, MOF, and IDAL
• Started in March 2013
• Stakeholders include government and non-government organizations
• 65 initiatives supporting SMEs were identified (but not evaluated)
• All currently under implementation
• Non- Exhaustive List!
Presidency of the Council of Ministers 2
Private, 23
Public, 33
Other, 8
Number of Initiatives by Stakeholders Type
![Page 3: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/3.jpg)
Presidency of the Council of Ministers 3
Access to Finance
![Page 4: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/4.jpg)
Presidency of the Council of Ministers 4
Access to Finance
Micro Credit Institutions (50M) - Association for Rural Development ADR - Al- Majmoua - AMEEN - EMKAN - Others
Others (45 M) -Economic Social Fund for Development (CDR) -Credit for Agricultural and Rural Development Scheme (MOA/Kafalat)
Venture Capital Funds (100 M) - Several VCs : Berytech Fund, Cedrus, MEVP, BBF, Wamda
- iSMEs project (MOF/Kafalat)
Competitions -Bader Startup Cup,Deutche Bank Creative Award, BLC Bank Awards, ESCWA Digital Arabic Content Competition, Maurice Fadel, MIT Arab Competition, Grow My Business, Start Up Cup, Ideaz Prize
![Page 5: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/5.jpg)
Presidency of the Council of Ministers 5
Fiscal, Trade, Sectorial and Industrial Policies
Fiscal Subsidies (Cost on Treasury) & Incentives
-MOF Interest Subsidies on loan in Industry, Agriculture, Tourism, Traditional Crafts, Technology -Exemption from mandatory reserves - MOF Exemptions on custom duties on firms for imports of machinery -IDAL Exemptions on corporate income tax for a period up to 10 years
Sectorial Policies -Industry, Agriculture, Tourism, Traditional Crafts, Technology + Media (BDL, IDAL) - LAISER & CELEP Program (MOA, MOI, UNIDO) - Support to Berytech, BIAT, SouthBIC (MoET, PCM) - EU Charter of Enterprise
Trade Policies - Active bilateral trade agreements and partnerships - Project law to create a an export promotion agency LEBEX - Tripoli Economic Zone (on going)
![Page 6: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/6.jpg)
Support Programs & Institutions
Presidency of the Council of Ministers 6
INCUBATORS / ACCELERATOR - Berytech Technological Pole - Berytech Technology & Health - Berytech Digital Park - Business Incubation Association in Tripoli (BIAT) - The South Business Innovation Centre (SouthBIC) - Seeqnce - Nabad - Ideaz Prize
NGOs (Training) - AMIDEAST / Cisco Entrepreneur Institute - INJAZ (Support) -Bader Lebanon -Endeavor -MIT Enterprise Forum (Mentorship) - Mowgli (Networking) - eClub -Beirut Creative Cluster -Society for Social Entrepreneurship (International Organizations) - GTZ
PROFESSIONAL ASSOCIATIONS - Beirut Traders Association (BD, competition) - Chambers of Commerce (BD, FARO fund) - LIFE (linkage with diaspora) - RDCL - LLWB
Universities - AUB Center for Entrepreneurship - BAU Center for Entrepreneurship - LAU Institute of Family & Entrepreneurial Business
Other (Space) - AltCity - Beirut Digital District - Cloud 5
Government - IRI/ELCIM - Lebanon Soft Shore - SMEs Unit at MoET
![Page 7: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/7.jpg)
• National Employment Office (NEO) / Ministry of Labor / World Bank
Improve the employment prospects of first-time job seekers
Pilot phase: 2.2 M, 1600 beneficiaries, training, NSSF incentives to employers
• AMIDEAST / Cisco Entrepreneurs Institute
Presidency of the Council of Ministers 7
Skilled Human Capital
![Page 8: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/8.jpg)
• IDAL & MOET (300K/year)
- Support in Exhibitions and Fairs
• IDAL
– Agro Plus & Agri Plus Programs (30M)
– Business Linkages for ICT Program
– www.investinlebanon.gov
• MoET
- Qualeb Program
• MOI
- Lebanon Soft Shore
• Chambers of Commerce
Presidency of the Council of Ministers 8
Access to Markets
![Page 9: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/9.jpg)
RIYADA RED
MEVP
Kafalat
BIAT
SME Unit
Early
2000
Fun
ds
Fa
cilit
ato
rs
Source : Zawiya and Endeavor Lebanon
Late
2012
Cedrus
BBF
Berytech BADER MIT
SouthBIC
Berytech Fund
LBA
AltCity
Endeavor
Wamda
+ Inno
Mowgli
AMIDEAST
Arabnet
VC Incubator / Accelerator Bank Guarantor Facilitator Angel
# of VC
Deals
0 0 0 0 0 0 0 0 2 1 7 9 13
Size of bubble indicates amounts of fund
Seeqnce
Entrepreneurial Culture
![Page 10: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/10.jpg)
Exponential Organic Growth: New Comers in 2012-2013
Presidency of the Council of Ministers 10
ENTREPRENEURS
LEBANON WWW.ENTREPRENEURSLEBANON.COM
Entrepreneurial Culture
![Page 11: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/11.jpg)
• Lebanese Industrial Research Achievements (LIRA) ALI&CNRS (since 1997)
• MOI Innovation Vouchers (300K)
Up to EUR 10K for innovative concepts (since 2012)
• ESCWA Technology Center
• Innovation Survey (CNRS, PCM, & World Bank)
Ongoing - Results to be revealed 28 June 2013
• iSMEs Project (MOF / Kafalat / PCM / World Bank)
2.5 M for concept grants / 25 M government co-fund equity in innovative SMEs
Awaiting parliament ratification
Presidency of the Council of Ministers 11
Technology and Innovation
![Page 12: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/12.jpg)
Presidency of the Council of Ministers 12
Business Regulation , Legislation and Enforcement
Improve the Business environment in Lebanon “IBEL” 2010 PCM MoET MOJ Central Bank IFC EU
- Commercial Registry Modernization and Automation Started 2012 ongoing - Amendments to the “Code du Commerce” 1st phase submitted to parliament SAL, SARL, Sole Partnership 2nd phase on-going Preferred shares, GDR and M&A - Law on Secured Lending
- Bankruptcy Law
- project to encourage judicial mediation (started)
Next Batch - Competition law - NSSF and Labor Law
![Page 13: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/13.jpg)
Draft Laws Completed Awaiting Ratification Ministry Status
Draft Law on Public Private Partnership HCP, MOET Submitted 2007 Amended and resent 2012
Draft Law aiming to exempt profits of industrial exports of Lebanese origin of 50% of the tax due
MOI Submitted 2012
Law on e-Transactions and Protection of Personal Data
PCM Submitted 2005 Amended and resent 2012
Draft Law aiming to establish a Lebanese Export Development Agency (LEBEX)
Submitted 2007
Amend implementing Decrees for Investment law 360/2001
IDAL Submitted 2012
Draft Law on public procurement law OMSAR Final stages
Presidency of the Council of Ministers 13
Business Legislation, Regulation and Administration
![Page 14: Stock Taking SMEs Initiatives Map - Economy · 2013-05-17 · Yasmina El Khoury Raphael Presidency of the Council of Ministers Support to SMEs Workshop, May 14 2013, Beirut . Introduction](https://reader034.fdocuments.in/reader034/viewer/2022050413/5f8a1f59a849717a983204a9/html5/thumbnails/14.jpg)
Conclusions and Recommendations
1. Government is very present! Should we do more… or less?
2. Lots of movement and activities – not necessarily coordinated or impactful
3. Challenge #1: Improve the support “upstream” (R&D, technology transfer, etc.)
4. Challenge #2: Move away from generalized to specialized support
5. Qualitative vs. quantitative analysis
How do we measure the impact? How do we measure progress?
Number of jobs created? Income tax generated?
6. We need to continue the mapping and find a reference place for all initiatives
www.entrepreneurslebanon.com
Presidency of the Council of Ministers 14