Aviv Frenkel

Fast-Track Funding Program Israeli Tech Companies Program's Description As a quick response to the challenges tech companies are facing, as a result of the “Iron Swords” war, the Israel Innovation Authority is offering a “Fast Track” funding program to support technological companies and projects. Goal of the incentive program This funding program operates through the Innovation Authority’s R&D fund and is designed for innovative Israeli tech companies with a short runway (up to 6 months) that are in the process of raising capital. Those companies that experience challenges in raising capital due to the situation and in need of bridge funding, are the target of this program. Who is the incentive program for? The fast track is designed for Israeli companies who are in the midst of development/early sales with substantial assets (technologies, unique team, consumers etc). What do you get? The Innovation Authority will offer up to 7.5 million NIS grants under this program, 50% of which will be matched by existing or new investors. https://lnkd.in/evWas9nr

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Assaf Rappaport, Yinon C., Ami Luttwak and Roy R., we are proud of you! 🤗 💪 We typically don't post exits by founders who are also 8200 graduates. It's partly due to modesty and partly because it's become a recurring Israeli success story. Our focus is on empowering Israeli society through our incredible alumni network. Wiz's remarkable achievement, if finalized soon, is definitely an exception. It reminds us that the tech scene is a space for fulfilling dreams and building a stronger Israel. It also underscores the importance of equal access to the high-tech industry for ALL Israelis. That's exactly what drives our educational programs Aharai TECH | TECH אחריי and TechLift 8200, our professional training initiatives, and the 8200 For Startups platform with its ideation, acceleration, and early-growth programs that are open to every Israeli and not just ex-8200s. This also underscores the enduring value of the 8200 Unit as a cornerstone of the "Startup Nation." It reinforces the immense power and responsibility we, 8200 alumni, hold to continue leading the Israeli tech scene alongside the amazing talent from all walks of Israeli society. Israel tech delivers. Period.🇮🇱 #israeliinnovators #startupnation 🇮🇱#8200alumni Screen shot from CTech by Calcalist

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