Globes
“Globes” Israel’s financial newspaper, in cooperation with Bank Hapoalim (TASE: POLI) is launching the third SmartUp competition for Israeli start-ups. As part of the program, “Globes” correspondents will track four startups, which will receive assistance of experts from technology incubators and accelerators and high-tech advisers of Bank Hapoalim. The basis of the program is that many companies with good, groundbreaking ideas get stuck in the initial stages, resulting in their failure to realize their potential.
The program is designed for Israeli start-ups which have already raised at least $100,000 in initial capital. All the companies selected for the program will receive, for three months, advice from high-tech and business experts in a range of fields important to the new startups, including marketing, financing, personnel management, and heading overseas.
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This year, it was decided that senior high-tech and business advisers will provide close support for each of the companies. The four winners will receive close support from executives at top Israeli high-tech accelerators and incubators: Nielsen Innovate; 8200 EISP; Explore.Dream.Discover; and Moneta Seeds.
The Explore.Dream.Discover incubator is one of Israel’s most active incubators, which, in the past four years, has invested in more than 20 media, mobile, internet, software, and cyber companies. It is owned by Plus Ventures, part of the Moldawsky Group, and 2Bangels, owned by the Cheshin family and which currently has 16 portfolio companies.