AlexandreNehme, Herbatica
Thursday, November 12, 2015 - 13:31
Lebanon (2012)
AlexandreNehme is a Lebanese entrepreneur with an educational background in Herbs and Aromatherapy from the EcoleLyonnaise Plantes Médicinales in France. He has been supported by the EDIP program through which he was assisted in developing a bankable business plan thus leading to a loan worth 200,000 USD through Kafalat. In 2011 he established a full production facility for herbal cosmetics; Herbatica.
Mr. Nehme, was nominated and supported by UNIDO ITPO Bahrain and the EDIP Center in Beirut to take part in the 7th Arab Business Plan Competition for Arab Innovators in 2011 where he won second place from over 6,000 Arab innovators who applied. His business was later classified among the top 20 most innovative businesses as part of the World Business Plan Competition held in UC Berkley in cooperation with Intel Corporation.
Mr. Nehme started the business in 2011 with a total investment of about 640,800 USD and a total of 4 employees in Lebanon. Currently Herbatica has a net worth of $2 million USD and employs 16 staff and selling upto 28 purely herbal products globally. In the future, the business is planning to continue to attend worldwide exhibitions like the “Bahrain International Garden Show” as well as enter into new markets and start bringing out more edible and drinkable health products