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The Lebanese League for Women in Business (LLWB) launches its first-of-a-series women targeted lecture on how to finance a business.
Beirut. Gefinor Rotana Hotel, April 3, 2007. In the presence of Adnan Kassar, Chairman General Union of Commerce, Industry and Agriculture for Arab countries, the media, the newly established Lebanese League for Women in Business (LLWB) has officially launched its activities on the occasion of the first-of-a-series of women in business related seminars and workshops entitled: "Alternative Financing Opportunities for Women in Business".
LLWB's President, Najwa Tohme, announced the launching of the association's program, followed by an improvised note from Adnan Kassar who surprised LLWB's members and guests with a donation of $5000 to the association and his engagement to support, encourage and financially help through Fransabank, all women in business activities and projects in Lebanon.
Thereafter, financial experts from leading groups in the country presented the attendees with several tactics to access resources and financing for SME's and bigger businesses. Attendees were mainly constituted of women in business and potential entrepreneurs.
Tarek Itani, Credit Manager at Kafalat explained his company's role in helping small and medium sized enterprises (SMEs) to access commercial bank funding.
BLC's representative Carlos Lebbos, Head of Specialized Credits, focused on the interest of banks in SMEs' financing in general along with the banks' experience with women as managing or starting up small to medium businesses.
Nicole Tager, Business Advisor- Finance, ELCIM shared with the audience ELCIM's core task as a business support organization, which continuously advises and assists manufacturing SMEs' in improving their performance on both national and international markets.
Nagy Rizk, the Fund Manager of the Building Block Equity fund, an initiative by the Bader association dedicated to entrepreneurship and business development, gave an overview of the equity funding possibilities and requirements on the Lebanese market.
It is worth to mention that this first seminar will be followed by several events as part of LLWB's Speakers Bureau Program funded, in part, through the Department of State, Bureau of Near Eastern Affairs, office of Middle East Partnership Initiative (MEPI) under Cooperative Agreement, in cooperation with The Rady School of Management, Beyster Institute Program in San Diego.
LLWB thanks all the participants and partners and invites all to check the calendar of upcoming seminars and workshops on the association's website: www.llwb.org.
About LLWB:
Founded in 2006, the Lebanese League for Women in Business (LLWB) is a non partisan, not-for-profit organization working to promote the economic empowerment of Lebanese women by providing a structured forum for women to realize their entrepreneurial potential.
Today, the LLWB brings together a group of exceptional local business owners and women from different walks of life, working in unison to create a national network that strengthens women's status in a growing economy. The LLWB also seeks to establish mutually beneficial opportunities among businesswomen on local, regional and international levels, in particular within the Arab World and throughout the Diaspora.
Vision
We at LLWB believe that women are a vital element in society's development and prosperity. A woman should have the opportunity to achieve her full civic, social and professional rights and potential through:
- Equal Opportunities
- Unrestricted Access to Resources
- Entrepreneurship
- Leadership
Mission
The mission of the LLWB is to encourage women in business to "Take the lead and succeed". In that perspective, we provide a multi-disciplinary podium through which we advocate, research and disseminate information, develop innovative ideas, business network, assist and enlighten the youth and promote professionalism and leadership. The LLWB also endorses women's issues in the business world and advances entrepreneurial opportunities and access to resources. For those who aspire to become independent entrepreneurs or become more proactive in their business environment, the LLWB provides direction through the following 5 pillars:
- Educational and Vocational Programs
- Incubators
- Small and Medium Enterprises (SME)
- Networking
- Advocacy
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