Grant proceeds to eligible MSEs can cover the below expenses:
Working capital, including salaries, inventories covering six (6) months operations;
Technical services;
Equipment, machineries and vehicles if critical to the business;
Repairs including light civil works.
Construction costs with adverse or negative impacts on cultural heritage and works that require the prior approval of a public authority will be excluded.
Approximately, 4,300 Lebanese MSEs, including self-employed, will benefit from the business recovery grants, out of which 30% are women-owned or -led. In addition, the B5 will aim to identify and support entrepreneurs and businesses who suffer, directly or indirectly, from a disability as a result of the blast. All sectors will benefit from grant support, including but not limited to Industry, food manufacturing, services, handicraft, IT hardware and software firms, professions, etc….
