Berytech, the Lebanon based tech startup incubator, has launched a set of new incubation awards of up to $100,000 US Dollars for the most innovative technology projects.

A committee of experts will be selecting the projects based on the following merits:technological and scientific quality,creativity,economic sustainability and growth potential, job creation potential, target market and export potential, as well as the motivation and implication of the candidate(s) and the quality of the team behind the startup.

The obtained award should allow entrepreneurs to take their idea from project to company phase, while benefiting from the following services of Berytech:Business hosting (including office space, furniture, desktop facilities, …etc.);Computer equipment, Internet connection, web hosting;Coaching throughout the project development phase;Participation in communication, marketing and other networking events; Expert consultancy;Entrepreneurial training; and access to funding sources such as Kafalat or the Berytech Seed Capital Fund.

Applications are open until November 30th, 2009; entrepreneurs just need to download and fill in the following application form, and submit it in time.

The winning projects and teams will be announced in December 2009, with their integration in the incubator to start happening as early as January 2010.