Who We Are

Lebanon’s social and economic decline is unprecedented. As Small and Medium Sized Enterprises (SMEs) represent 95% of businesses in Lebanon and are responsible of 50% of employment, they are considered as the backbone of the economy and are in need of support. The KB SME Impact Initiative is working to co-create evidence based, sustainable, inclusive business environment that strengthens our social fabric and meets our aspirations for a better Lebanon.


               Our Work

In phase (I) the SME impact initiative teamed up with several organizations to build the shops that were affected by the Beirut blast.

In phase (II) the SME impact initiative is designing long term initiatives to support the private sector. This will be done with the support of a team from the diaspora to support local SMEs to face the economic challenges. Coupled to that an executive education program is in design to be offered to shop owners and employees.


          Publications

Khaddit Beirut- SME Impact Initiative, has been selected as a highlight of AACSB's 2021 Innovations That Inspire!

This is an annual initiative that recognizes institutions from around the world serving as champions of change in the business landscape, and contributing to positive societal impact.


       Achievements

  • Assessed more than 120 SMEs employing 1,600 employees.

  • Supported 40 SMEs in rebuilding and sustaining their business.

  • Established partnerships with over 15 NGOs and initiatives.

  • Developed standards and policies for reopening the F&B industry safely.

  • Developed a plan to support the F&B industry in the wake of the economic crisis.

  • Diaspora program: Supporting SMEs by linking them to diaspora through a peer-to-peer support system.

  • Training Program for the SMEs and their employees.


               Our Team

You can view our team members by clicking here.


         Our Partners