Tag: Lebanon Media City

Beirut Media City First Open Discussion – Beirut – April 29th 2009

MMM 4 Comments

Beirut Media City First Open DiscussionPlans to create a media city in Beirut, that were recently launched by Kuv Capital, are still moving ahead steadily, with the date for the first open discussion scheduled for April 29th 2009 at 6:30PM in Beirut. It will be at GEM – Beirut, Gemeyzeh, St. Nicolas Stairs.

This first open discussion will be to get more people involved and giving their opinions and suggestions, and to brainstorm on services the community thinks should be available at the Beirut Media City, among other things. 

People interested in attending the event can register for it on EventBrite here: Beirut Media City First Open Discussion.

In the mean time, they are also still looking for places for the media city, and ask people to suggest any old buildings they think could be refurbished anywhere around Beirut.

They’re also in discussions with architects (both young talents, as well as big names) to work on the project.

Talks are also ongoing with international companies who could be interested in working out of this future Media City.

A site has been launched to follow the developments of the project at: beirutmediacity.info

If you want to be involved in any way or help in growing this project, you can contact Kuv Capital at: info@kuvcapital.com

Update: The open discussion will be taking place at GEM – Beirut, Gemeyzeh, St. Nicolas Stairs.

Kuv Capital Launches Project To Create A Media City In Lebanon (Updated)

MMM 6 Comments

Lebanon FlagMy friend Hervé Cuviliez, Founder and Managing Director of Kuv Capital just wrote about a great and ambitious new project that they’re launching in Beirut, Lebanon: The creation of a Media City in Lebanon.

This stems out of their belief that Beirut has a window to become a Digital Middle East Hub, and that despite the weak broadband infrastructure, unreliable power grid and Lebanon’s inability to reform itself, it still is a country that offers a great opportunity to entrepreneurs with all the necessary ingredients to create a startup and have a low burn rate.

Creating a company is cheap and easy (limited liability company starts at 3500 USD) and so are office space and expenses. There’s a great pool of talent available, at lower costs than the GCC countries for example.

The idea is to find old warehouses or factories, rehabilitate them into offices with decent broadband and electricity, free spaces for students who want to work on innovative projects, showrooms for high tech companies …etc.

They’ve already started working on the project; they’ve spotted three places around Beirut, talked to investors, convinced six digital related companies and a media group to move in, and they’re still reaching out to more.

The hope is that by doing this, and grouping all these innovative companies and people in one place over time, they will be able to replicate to a certain extent the creation and growth of Silicon Valley.

If you want to be involved in any way or help in growing this project, you can contact Kuv Capital at: info@kuvcapital.com

Updated: Kuv Capital released more details on the project on their official blog.
They’re in the process of setting up a company  that will run this project, and will be creating a strategic committee to advise the company on what needs to be done in the Media City.
The timeframe is currently:

  • April-May(-June if needed) will be dedicated to identify potential locations and initiate discussions with landlords.
  • May: First community meeting to brainstorm on services that should be found in the media city.
  • June: second community meeting, presentation and business model finalization.
  • July-september: meetings with investors.
  • October: Go / No Go decision.