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7

Dec . 2016

BLC Bank rewards Lebanese Entrepreneurs

07.December.2016 N/A

BLC Bank rewards Lebanese entrepreneurs for the fifth year in a row through the Brilliant Lebanese Awards

Mr. Sehnaoui: “We are committed to supporting Lebanese SMEs”

Mr. Kassar: “We aim to provide nationwide exposure to entrepreneurs.”

Beirut, December 7th, 2016 – Within its commitment to support small and medium enterprises (SMEs) and female entrepreneurs, BLC Bank has organized for the fifth year in a row the Brilliant Lebanese Awards, the first banking award of its kind in Lebanon. The event took place at the Casino du Liban on December 6th and gathered prominent figures from economic, banking and media sectors.  It is during this ceremony that the Awards winners were unveiled. Mr. Jamil Haddad (Colonel Beer) won the “Business of the year” award while Ms. Zeina Daoud Khoury (Le Potager) was elected “Woman entrepreneur of the year”. They received a cash prize of USD 30,000 each. As for the winner of the People’s Choice Award, Rita Abboud (Bébés Calins – Ecole Maternelle), she received a prize of USD 5,000.

Entrepreneurs participating in the Brilliant Lebanese Awards make their way through various stages, receiving training, advice and, guidance from jury members who assess the finalists’ businesses according to the following criteria: Financial performance of the company (30%), Creativity of the Business (30%), Sustainability and Scalability (25%) and its Corporate Social Responsibility (15%).

The jury gathers a panel of independent professionals including representatives from Banque du Liban, the Lebanese American University, Endeavor Lebanon, Kafalat, The Lebanese Businessmen Association (RDCL), and BLC Bank as well as prominent male and female entrepreneurs.

On that occasion, the Chairman General Manager of BLC Bank Mr. Maurice Sehnaoui stated: “Through the Brilliant Lebanese Awards, we are confirming once again our commitment to support SMEs that account for 93% of the country’s enterprises. We also believe in empowering women economically and strengthening their role in the Lebanese economy as a strategic partner that represents 50% of the population. As a matter of fact, studies show that an exhaustive inclusion of women in the MENA economy would increase the region’s GDP by around 25%.”

In his turn, the Deputy Chairman and General Manager of BLC Bank Mr. Nadim Kassar stated that “the full-fledged financial and non-financial program offered by the Bank to Lebanese SMEs and women  has set BLC Bank as an example for best practices as we have to date influenced the creation of more than 25 programs in Banks around the world.”

Kassar added that “the Brilliant Lebanese Awards are not limited to BLC Bank’s clients as we aim to provide nationwide exposure to SMEs coming from different fields and regions, offering them the financial and moral support needed to nurture their businesses, thereby contributing to the growth of the Lebanese economy.”

Many entrepreneurs applied to this year’s edition of the Brilliant Lebanese Awards, with 12 candidates making it to the final selection. For the “Woman entrepreneur of the year”: Rita Abboud (Bébés Calins – Ecole Maternelle), Claire Damaa (Claire Damaa Group), Reem Al Banna (Heart to Heart), Christelle Yared (MSCA), Pamela Jabbour (Mes Petites Ballerines) and Zeina Daoud Khoury (Le Potager). As for the “Business of the year”:  Badr Hassoun (Eco Village Khan el Saboun), Rajaa Habache (La Rose de Sim), Jamil Haddad (Colonel Beer), Maroun Chedid (Maroun Chedid SAL), Nicolas Abouchaar (Phoenus) and Hadi Hamza (Genius Map).

The Brilliant Lebanese Awards are considered one of BLC Bank’s main key offerings  honoring and rewarding female entrepreneurs and SMEs. The complete value proposition revolves around  4 main pillars: Finance, exposure, training and consultancy.

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