Empowering Startups through Accelerator Services in Lebanon: A Phenomenological Case Study

Abstract

This study explores the landscape of accelerator programs in Lebanon, a country plagued by severe political instability and economic issues. The research uses a qualitative methodology and is based on semi-structured interviews with 13 Lebanese entrepreneurs who launched firms between 2016 and 2019 and took part in accelerator programs. The interviews examine various aspects of accelerator programs, with a focus on the spectrum of services provided to startups and entrepreneurs, challenges, and the advantages gained from participation in accelerators. Key insights are revealed through the study including the importance of accelerator programs, the role they play in aiding startups, as well as the particular improvements or services that accelerators in Lebanon might provide to solve the unique challenges faced by entrepreneurs. The findings demonstrate that, despite accelerator programs being frequently seen as beneficial, there are distinct requirements and challenges that Lebanese entrepreneurs confront that may be better handled.