An Israeli startup bootcamp, bil Arabiya
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An Israeli startup bootcamp, bil Arabiya
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4/1/2014
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GovXContentSection
Could the next ICQ, Amdocs or Waze be built by an
Arab-Israeli? This is what Fadi Swidan is hoping.
With government support,
industry sponsorship and mentors on board, Swidan is launching what appears to
be the first true high-tech venture accelerator for Israel’s Arab community.
Based in
Nazareth, the new Naztech Accelerator is currently screening a couple of dozen companies
to fill 10 to 15 spots in the five-month accelerator program starting early
this year. Swidan is hoping the chosen Arab startups will help kick-start a
revolution in Israel.
Nazte
ch aims to
fill the gap between basic ideas and funding, giving young Arab entrepreneurs
the skills to pitch their product with confidence to investors. They will be
partnered with mentors from Israel’s booming high-tech community, and new
mentors are encouraged to apply.
Sw
idan is also hoping to
help the Arabs in Israel access funds from natural partners nearby in the
Middle East North Africa region, known as MENA.
Source: Israel21C
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