Reinforcing Med Microfinance Network System for Start-ups

Lebanon National Mesures – Assem Kamel

Assem Kamel
Name of responsible organization: The LEE Experience
Starting year2020End year
short description “THE LEE EXPERIENCE” stands for Leadership, Entrepreneurship, and Employment Development. Our organization operates with a strong belief in the “POWER OF EMPOWERMENT.” Established in 2020, THE LEE EXPERIENCE is a life and business transformation entity through attitude changes for individuals, organizations, and corporates in the MENA region, focusing on post-conflict countries. THE LEE EXPERIENCE’s unique business model offers comprehensive services through two arms for profit a digital accelerator through zowada mobile Apps and a digital media hub and a non-profit NGO as Incubator and Training academy that have intersection for sustainable growth. 

What kind of activity does this measure finance?

Creation of new businessesYes
Strengthening of existing businessesYes
Specific investments – specify the type (i.e., innovation, research, environmental transition, hiring, internationalization, purchase of goods)Yes
Training activitiesYes
Other (specify)Business Incubation from ideation, BDS training, VT training, feasibility studies, access to market, seed funding, advertising, coaching, apprenticeship, and job creation Digital accelerator as zowada mobile Apps from job seeking, e-learning, e-commerce, e-mentoring, crowdfunding. Digital media hub for communication and advertising and digital marketing 

What type of financing is it?

Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)No
If yes, repayment time (years):
If yes, the requirement for collateral: 
Non-repayable grant (indicate the percentage of the non-repayable fund)Yes
If yes, percentage of non-repayable fund: 100%
Tax creditNo
Other (specify)No

How does the activation of the measure work?

One-stop means NO
Call with closing dateYES

Financial entity of the measure (indicate the resources allocated)

Overall amount1.5 million USD
% Facilitation for each recipient36%
The minimum amount that can be financed200 USD
The maximum amount that can be financed50000 USD
Origin of financial resources (European, State, Regional Authority, Municipal authority, other)UN agencies, World Bank Group agencies, USAID projects, private sector, and Crowdfunding. 

Type of funded social structure (indicate if belonging to a specific category is required in order, to access the measure)

FemaleOver 50Unemployed (Specify any type)Disadvantaged groups (specify type)Youth (Specify age range)Other (specify)
Individual84%60%Refugees\disables\ LGBT18-55
Company Refugees\disables\ LGBT18-55

Does the measure provide for accompaniment and training or only financial support?

Financial support + accompaniment/trainingX
Only Financial support

Is the measure considered a good practice and as such replicable in other national and / or international contexts?


How many initiatives have been financed in the last 3 years and for what economic amount?

Number of initiatives: 6000Total economic amount: 1.5 million USD
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