Elie Akhrass

Fund Manager at iSME Programme
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Contact Information
us****@****om
(386) 825-5501
Location
LB
Languages
  • English Professional working proficiency
  • French Professional working proficiency
  • Arabic Native or bilingual proficiency

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Bio

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Credentials

  • Research Commercialisation
    Cambridge Enterprise
    Sep, 2017
    - Nov, 2024

Experience

    • Lebanon
    • Financial Services
    • 1 - 100 Employee
    • Fund Manager
      • Nov 2021 - Present

      The iSME Program is a US$ 30 million initiative funded by the Government of Lebanon through a loan from the World Bank. The program aims to encourage the equity investment market to increase early-stage investment finance for financially viable, new, and existing innovative firms. The iSME Program is a US$ 30 million initiative funded by the Government of Lebanon through a loan from the World Bank. The program aims to encourage the equity investment market to increase early-stage investment finance for financially viable, new, and existing innovative firms.

    • Lebanon
    • Higher Education
    • 300 - 400 Employee
    • Advisor to the President on Special Projects
      • Jan 2021 - Present

      Focusing on developing a business vertical on top of the academic offering of the university through business collaborations with the private sector. The aim of this business vertical is sourcing revenues for the university, upgrading the curricula to meet the market needs, creating internship and job opportunities, and redefining the positioning of USEK as a leading university in Lebanon and the MENA region. Focusing on developing a business vertical on top of the academic offering of the university through business collaborations with the private sector. The aim of this business vertical is sourcing revenues for the university, upgrading the curricula to meet the market needs, creating internship and job opportunities, and redefining the positioning of USEK as a leading university in Lebanon and the MENA region.

    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Co-Founder
      • Aug 2020 - Present

      Process Share is on a relentless mission to shape the future of supply chains through providing the most accessible and efficient B2B integration and collaboration solutions. We are determined to help our customers become more connected, more intelligent, more optimized and more resilient in a fast and seamless manner. The core of our innovation is overcoming data standardization challenges and reducing integration time by up to 90% with any trading partner. Process Share is on a relentless mission to shape the future of supply chains through providing the most accessible and efficient B2B integration and collaboration solutions. We are determined to help our customers become more connected, more intelligent, more optimized and more resilient in a fast and seamless manner. The core of our innovation is overcoming data standardization challenges and reducing integration time by up to 90% with any trading partner.

  • B5 Fund
    • Lebanon
    • Project Coordinator
      • Nov 2021 - Oct 2022

      The B5 Fund is a $25 million Fund, financed by the Lebanese Financing facility (LFF), a multi-donor trust fund established in December 2020, and managed by the World Bank. The Fund aims to pool grant resources and strengthen the coherence and coordination of financing in support of the immediate socio-economic recovery of vulnerable people and businesses impacted by the Port of Beirut explosion of August 4, 2020. The B5 Fund is a $25 million Fund, financed by the Lebanese Financing facility (LFF), a multi-donor trust fund established in December 2020, and managed by the World Bank. The Fund aims to pool grant resources and strengthen the coherence and coordination of financing in support of the immediate socio-economic recovery of vulnerable people and businesses impacted by the Port of Beirut explosion of August 4, 2020.

    • Lebanon
    • Professional Training and Coaching
    • 1 - 100 Employee
    • Director
      • Oct 2019 - Nov 2021

    • Advisor
      • Jan 2019 - Oct 2019

      The Asher Center for Innovation and Entrepreneurship is leading the efforts of transforming the Holy Spirit University of Kaslik (USEK) into an entrepreneurial ecosytem fostering innovations and pioneering ideas. The center focuses on providing curricula development to include entrepreneurial teaching and support programs to transform the students and faculty business ideas into startup businesses. My role as an advisor is helping the center in developing multiple programs such as incubation and acceleration services, building sustainable operations and spearheading the development of an entrepreneurial ecosystem at the USEK university. Show less

    • Lebanon
    • Program Development
    • Director of the International Research Center
      • Jan 2017 - Aug 2018

      The UK Lebanon Tech Hub is the leading middle east accelerator program with presence in the UK and partnerships in SV, Paris and Dubai. Its wide mandate covered capacity building activities, funding applied research projects, and providing co-working and incubation support in Lebanon and the UK.The role I played initiated the design, implementation and development of the International Research Center which funded 5 applied research collaborations. Prior to that and as the program manager, I ran multiple accelerator cycles which provided support and business development to 80 startups with collective valuation of USD 200M, equity raised of more than USD 60M and 1250 direct and indirect jobs created. In addition to running their programs, I contributed to growing and expanding the program outreach to markets such as Paris, UAE and SV to provide opportunities and scale to the accelerated startups. Show less

    • Programme Manager
      • Mar 2015 - Jan 2017

    • Lebanon
    • Financial Services
    • 1 - 100 Employee
    • Head of Start-Ups Unit and Innovation Programme
      • Mar 2007 - Feb 2015

      Kafalat sal is a loan guarantee program offering subsidized commercial loans to SMEs in five different sectors. My role handled the Kafalat Innovation program which supported innovative startups prior to any VC presence in the market in addition to the assessment of the credit risk of more than 1500 SME applications. In addition to that, the role included coordination and reporting to the Ministry of Economy and Trade, the EU delegation, the World Bank and the OECD. Kafalat sal is a loan guarantee program offering subsidized commercial loans to SMEs in five different sectors. My role handled the Kafalat Innovation program which supported innovative startups prior to any VC presence in the market in addition to the assessment of the credit risk of more than 1500 SME applications. In addition to that, the role included coordination and reporting to the Ministry of Economy and Trade, the EU delegation, the World Bank and the OECD.

    • Lebanon
    • Education Administration Programs
    • 200 - 300 Employee
    • Tutor
      • Feb 2009 - Feb 2013

      Teaching the Understanding Business Behavior course Teaching the Understanding Business Behavior course

Education

  • MIT Sloan, Columbia University, Tuck School of Business at Dartmouth
    Post Graduate Diploma, Innovation & Design Thinking
    2018 - 2019
  • Université Saint Joseph
    Masters, Economics
    2005 - 2007

Community

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