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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TIP Empowers BlocRecs: A Blockchain-Powered Academic Degree Ledger
Bitcoin might have been the media darling back during the cryptocurrency heydays, but it was the underlying technology that powered it that really caught the imagination of tech experts. Fast forward a decade, and up-and-coming entrepreneurs continue to harness its potential with innovative applications. BlocRecs, a concoction by Hanady Al Ahmadieh and Amir Abdel Bakie,
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How to Validate Your Startup
Since we established the importance and benefits of validating your startup last week, in this post, we are going to share tips on how to validate your startup idea. However, if you’re still not convinced and are considering skipping this crucial step in building your startup, below is a figure that highlights the top reasons
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The Importance of Validating Your Startup
A scenario we constantly see with fresh and young entrepreneurs is when they get an idea that seems amazing and decide to turn it into a business. Excitedly, they put together a 5 year business plan forecasting income, profits, and cash flow. They feel good about themselves – that is until they discover the business
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The Perfect Pairing: Corporates and Startups
Startups are popping around with some of the most innovative ideas disrupting multiple sectors. They usually are skilled in one field and may be experts in that area. However, startups tend to lack in structure and need expertise in marketing, accounting, legal, human resources, among others. To truly be able to scale and grow, they
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touch and Cherpa Inspiring Youth, One Robot at a Time
Touch is dedicated to supporting and educating the youth, constantly offering them the opportunity to expand their horizons and develop essential skills in order for them to be successful later in life and encourage them to lead the future generation of innovators. True to the dedication, touch hosted an educational and fun workshop at its
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