State-of-the-art accelerators and incubators
4. SOSA – Shared work space founded by venture capital industry veterans. Located in South Tel Aviv (Schocken 13, Tel Aviv).
Israel is home to over 100 accelerators, managed by global corporations, Angels, VCs, research institutes, municipalities and non-profit organizations. These accelerators work with start-ups in different stages, from the "raw" idea to the seed, and further on to the acquisition or IPO. An accelerator usually gives up to 6 months' support and an initial investment, in return for equity (generally 5%–10%, $10k - $50k).
Most of the incubators are part of a program managed by the Israel Innovation Authority. Incubator programs are usually longer and last between 1 to 2 years. They often target start-ups in industries with slower and more challenging development cycles.
1. 8200 EISP – An entrepreneurship program managed by The Alumni Association of the Elite Intelligence Unit 8200, a non-profit organization. Most of the entrepreneurs are 8200 alumni in various computer related industries, from cyber, through online advertising to mobile applications and so on.
2. AltaLab – An accelerator managed by the AltaIR VC. Its preferred industries are Internet, mobile, FinTech, AdTech and health.
3. Microsoft Ventures – A program targeting advanced start-ups where each member builds its own plan in collaboration with the accelerator. This program now cooperates with other global corporations such as Cisco, El Al and more.
4. CitiBank – This accelerator, managed by the global banking giant, aims to lower the entry barrier between young start-ups and the global banking sector. The main field is obviously Fintech, on all its levels: payments, data, security and analysis.
5. Zell – An accelerator managed by the Adelson School of Entrepreneurship at the Interdisciplinary Center (IDC) in Herzliya. Each year, the program guides 24 third-year students in building projects in various fields. Zell program graduates established over 85 companies and raised over $400 million.
6. IBM Alpha Zone Accelerator – Anaccelerator targeting technologies in the fields of Big Data, analytics, Cloud, mobile, security, Internet of Things, Smarter Commerce and cognitive computing. The program aims to create future business and technological