Blog

Why We Should not Let Startups Fall During the Crisis

Starting in October of last year, entrepreneurs across the country have had to grapple with successive, often back-breaking calamities, and things don’t seem to be letting up anytime soon. The freeze on dollar assets has created operational hurdles for startups, particularly those that rely on imports – be it raw materials or licensed software. The
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The Impact of Currency Devaluation on Businesses

In a televised appearance in early February, the head of Statistics Lebanon revealed that 5,500 factories had shut down in Lebanon during 2019 due to the financial crisis, citing the need for three billion US dollars to import raw materials needed for production. Now fast forward to today to see news reports of shoppers lining
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TIP Meets Oracle to Empower Startups

As part of its continued support to Lebanese entrepreneurs, and in light of the ongoing pandemic, the Touch Innovation Program is reaching out to TIP startups in their lockdown and offering them a chance to attend a series of valuable sessions in partnership with technology giant Oracle. Delivered by Oracle experts, they include tailored informative
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IoTree Leverages the Internet of Things to Give Trees a Voice

It all began three years ago for Nisrine El Turky. On a serendipitous mountain commute, a chance encounter with dispirited farmers intent on selling their land set her heart and mind on finding a tech-driven solution to their plight: failure to grow and export high quality produce. Digging deeper, she uncovered the source of the
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Innovation Born out of the Pandemic

We are yet to fully grasp the full impact of COVID-19 on our global economy and our day-to-day lives. But what is abundantly clear is that the pandemic is proving to be a huge catalyst for change and innovation. Naturally, the most notable agents of progress will be the most disruptive technologies and, more specifically,
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The MIT Lebanon Challenge is Nearing Completion

On June 26, 600 Lebanese individuals coming from a diverse range of educational and professional backgrounds got together for a three-day virtual event to develop innovative solutions that address some of Lebanon’s most pressing socio-economic problems. The event, which comprised a 48-hour virtual hackathon, effectively marked the beginning of the MIT Lebanon Challenge. Touch joined
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