Lebanon runs the risk of losing out on two of its most valuable assets: many of its young highly educated people wander abroad or are unemployed; capital, too, wanders abroad in search of profitable investment opportunities. This plan for Science, Technology and Innovation Policy (STIP) for Lebanon aims at creating high quality jobs and investment opportunities, in line with the desire of the Lebanese government, the private sector, and organizations such as the CNRS and the universities to make Lebanon part of the worldwide move towards a knowledge-based society. The first objective of the STIP Plan is to increase and focus national efforts in science, technology and innovation. Secondly, to strengthen the STI institutions and gear them to assist in the creation of high-quality jobs and economic growth, improve the quality of life, and strengthen the position of Lebanon as a regional centre for high quality learning, economic development, trade, tourism and health care. Thirdly, the STIP Plan aims at strengthening partnerships between universities, the CNRS and centres; and between these organizations on the one hand and private enterprise, other private organizations and public agencies on the other. Fourthly, it purports to strengthen Lebanon’s participation in regional and wider international networks in science, technology and innovation, and to use those networks for the most effective and efficient implementation of the Plan. Some 30 experts from Lebanon have worked in three task forces, together with Dr. Peter Tindemans and the CNRS, to prepare this plan. Substantial input has come from ESCWA, and financial support from UNESCO and ALECSO. While prepared under the auspices of the Lebanese CNRS, it is a plan for Lebanon as a whole that addresses a number of key challenges and needs specific to Lebanon, and the weaknesses of Lebanon’s present science, technology and innovation system. The CNRS, the major universities, institutes, and research centres and of course the government and the private sector must play a key role to guarantee its successful execution.