The fund is investing from $100,000 to $1,200,000 per transaction, a range not generally served by formal venture capital funds, and will help secure additional financing if and when needed. To help its portfolio companies grow, the fund is calling on its shareholders and a vast array of worldwide contacts to bring in the necessary expertise which could be technical, marketing, networking, management, corporate governance, etc.
The time horizon of the fund’s investment is up to seven years, at the end of which, the portfolio company could have grown to the size that will allow it either to go public, attract potential strategic partner, or merge with another company in its field to benefit from the economy of scale.
The fund is happy to explore investment opportunities which meet its objectives. Entrepreneurs who feel that Berytech Fund is the right partner to help them achieve their aspirations, are asked to submit a business plan to the fund’s managing partner, who will arrange for a meeting to explore the partnership, and discuss the investment procedure.
The fund invests in companies that need both funding to grow their businesses, and management, technical, and marketing support to achieve it.
Its investment criteria are:
- Early growth Lebanese ICT company
- Innovative and entrepreneurial
- Existing product and customer base
- Great growth potential
- Regional & global outlook
- In need of both funding and support
These criteria are not exhaustive and Berytech Fund is always eager to consider exciting business opportunities. Priority will be given to businesses demonstrating high-growth potential - in terms of launching new products, entering new markets and increasing employment. The fund is generally able to co-invest alongside private investors or further VC funds.