Goal of the Incentive Program:
To increase the number of seed stage investments and to incentivize more experienced, venture capital investors to invest the young, early stage startups operating in high risk.
Who is the incentive program for?
Early-stage Israeli startups that have a signed term sheet with an experienced venture capital investor.
What do you get?
- Startups: The Israel Innovation Authority will invest 40% of the total investment round and up to NIS 3.5 million grant.
- VCs: Will be able to exercise a warrant issued by the startup in the level of the Innovation Authority's grant, during a period of up to 3 years
Why should you apply for this incentive program?
- Startups – Seed-stage startups that are operating in high risk areas (e.g. challenging regulation, long time to market, new markets, few VCs) and are raising their first venture capital investment. This investment would enable you to reach their next fundable milestone.
- Venture Capital Investors –co-investment with the Innovation Authority while lowering the risk of your investment in high risk startups, an opportunity to increase your equity while securing their investment terms.
For the call of proposals in Hebrew - please click here - open until April 11, 2021
For more detailed information on this program in English please click here
Israeli companies seeking further information on the requirements and application process to this program, should refer to the Israel Innovation Authority's Hebrew site: https://innovationisrael.org.il/startup/programsrnd/seed