The Innovation Voucher is designed to encourage innovation by
offering useful resources for SMEs, individual researchers and
research institutes to create new products, processes, services
and to come up with innovative business models; it will especially
answer the needs of small industries that do not have the means
to finance their own research and development projects or do not
have the experience in collaborating with R&D centres
The Innovation Voucher Project
CIT will act as a coordination body between the knowledge
supply of research institutions and the wishes and demands of
local industry, as part of the reinforcement of the private
sector competitiveness in Lebanon.
The voucher system grants researchers with a valid project up to
10.000 Euros covering some of their costs related to consulting
and research, development and related simulation or prototyping.