Braving the Pandemic: Feel22’s Roller Coaster Ride
Last week we shared with you an update from Ecomz, the Lebanese award-winning eCommerce platform that has been jockeying to keep up with demand driven by the Covid-19 outbreak. This week we are bringing you insight from another TIP alumnus, beauty products ecommerce website Feel22, on how they’re navigating the storm. “The last 6 months
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Success Stories: Ecomz’ Overnight Success Amid the Pandemic
The Covid-19 pandemic has sent a devastating economic shockwave around the globe, forcing entire industries to a standstill, stock markets to fall, and unemployment to soar. But even a recession can present opportunities for businesses to thrive and prosper, provided that they possess courage, foresight, and ingenuity. Take the award-winning eCommerce platform, and TIP cycle
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How the World Will Change
From changes to our daily routines to a possible global rebalancing of power, our world will forever be changed by the coronavirus pandemic. After many sleepless nights spent scouring the web for opinions and predictions, here are 3 trends experts believe will fundamentally affect the digital world. Regulatory Barriers be Gone It’s crunch time for
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Remote Work Seems to Be Here to Stay. Here’s How you Should Organize Your Day
The current Coronavirus outbreak has effectively forced millions of employers and employees to hastily embrace remote working. But while many had regarded this shift as an improvised and temporary measure, it is simply neither. Remote work has been on the rise for years. According to the Federal Reserve, the share of the US labor force
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Berytech to the Rescue! Lebanese Technological Pole Opens Lab Doors to Medical Innovators
Berytech recently announced that it will be opening up its Digital Fabrication Lab to all individuals, be it working alone or as part of a team, who are working on a health technology solution that can urgently help alleviate the repercussions of the growing Coronavirus pandemic. Furthermore, Berytech also said that it will be supporting
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The Lockdown Guide: How to Make the Most out of Your Time During the Pandemic
When it rains, it pours. Just as the country was getting to grips with the recent economic slump, Lebanese citizens have been urged to stay at home and self-quarantine, part of the global effort aimed at curbing the spread of the now infamous coronavirus disease. (For those of you who are curious about this subject,
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Crunch Time: 5 Emergency Steps to Weather the Recession
The average duration of a recession has dropped from one and a half years to 11 months in recent decades. While this is a favorable development in itself, there is one important consideration at play here: according to CB Insights, the median duration between funding rounds for tech companies is 12 months for Seed to
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A Friend in Need: Touch’s ‘Crisis Management’-Themed Cycle is Open for Applications
Decreasing sales, a weakened balance sheet, shrinking cash flow reserves, a dwindling valuation, and, god forbid, closure. Unfortunately, these are some of the often inescapable eventualities that even well-performing businesses will have to deal with during periods of economic downturn. So what does this mean for up and coming entrepreneurs? The first question that naturally
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Applications Open for Fourth Cycle!
The first corporate accelerator program in Lebanon, the Touch Innovation Program (TIP) is calling all entrepreneurs to apply for the upcoming 4th cycle for a chance to join and grow with the support of the Touch team. Through its three cycles, the program has selected 19 innovative startups from 109 applications. Every six months, 6-7
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