Ministry of Industry, Trade & Labor Office of The Chief Scientist TECHNOLOGICAL INCUBATORS PROGRAM By: Yossi Smoler Program Director
Government Involvement
What is a Technological Incubator? Organization that support earlystage, highly-innovative projects, that are too risky for the private sector investments
Incubator’s Goal Developing innovative technological ideas into start-ups and leading them towards first round investment.
What does an Incubator offer to entrepreneurs?
Government Support
The Incubators Franchise Model
Technological Incubators Program Secondary objectives Main objective Creating new start-up • companies that would not start otherwise Technological transfer • from research institutes to the industry Creating technological • entrepreneurial culture
Technological Incubators Program (Cont. ) Secondary Objectives (cont. ) Providing Deal-Flow for the • Venture Capital industry Creating industrial R&D activity in • the peripheral regions
Program Milestones
Project Criteria
Projects Acceptance Process
Volume of operation
Incubators Location Haifa: Technion, LN & Hi. Center Tel-Chai Tsemach Katzrin Gush Segev Haifa Nazareth Migdal Tsemach Ha’emek Hadera Yoq’neam Netanya Hadera : Yozmot Netanya : Targetech Tel Aviv: Lab-One & Radbiomed Ashqelon: ATI Kiryat Gat : Xenia Ofakim: OHV Beersheba: Ma’ayan Ventures (Omer Park) Dimona: Rotem Ventures Sde Boker: Iris Ventures Tel Aviv Ashqelon Ariel Jerusalem Kiryat Gat. Kiryat Arba Upper Galilee: Meytav (Tel-Chai) Golan Heights: Meytag (Katzrin) Kinneret: Kinrot (Tsemach) Gush Segev: Misgav Nazareth : NGT Migdal Ha’Emek: Ofek Ofakim Beersheba Arad Dimona Sde Boker Yoq’neam: Naiot Ariel: Incentive Kiryat Arba: Mofet B’Yehuda Jerusalem: JVP, Van-Leer & Bioline Arad: Meizam Arad
Government Support Programs
Highlights
Highlights (Cont. )
Thank You
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