Number To Know…18
Israel boasts 18 hi-tech incubators, designed to nurture start-ups and maintain the country’s well-recognized position as a medtech innovation generator.
The Israeli government's hi-tech incubator program, one of the key sources of funding for the country’s start-ups, was founded in 1991 and today there are 18 incubators in total, all of which have been privatized. The incubators function as a center for entrepreneurship and nurture companies from seed to early stage, thereby minimizing the risk to future investors. They also offer a supportive framework for the establishment of a company and development of a concept into a commercial product, with many companies’ R&D facilities based at the incubator.
To gain more insight into Israel’s incubators, the venture funding landscape, where the players see the opportunities are for Israeli innovation, read Medtech Insight’s article here.