date: 19/03/2014. the presentation includes the concept of business center – incubator program...

Date: 19/03/2014

The presentation includes• The Concept of Business Center – Incubator Program

• Nazareth Business Incubator Center – NBIC

• The Acceleration program - NazTech

Definition

• Business Centers/ Incubator: Is an economic development tool, seeks to accelerate the growth and success of entrepreneurial companies, by:• Business support resources and special package of services.• financial viable.• Reducing Head-Cost.• Networks.

Business Center/Incubators goals and objectives:

• Goals:• Help the growth of new companies.• Help the survival of new companies.

• Objectives:• Creation of 10 new jobs after 2 years.• Satisfaction average - min. 80% of all services.( Logistics and

administration, guidance, networking, access to finance, mentoring, events, etc’..).

Business Center/Incubator Services

Nazareth Business Incubator Center - NBICBackground:• NBIC was launched at Feb. 2012• It is subsidized from the Ministry of Economy and the Authority for

Economic Development for Arabs at the P.M office.• Aims to support Arab Minorities.• Mati Nazareth – The Center

for Business Development – Won the call to establish and run the NBIC.

Mati Nazareth

Other services

Consultancy/courses and others

Programs/Services for Women Laons

NBIC

- Special package of services for Hi-Tech

entrepreneurs

Incubator Models

NBIC Vision:

To Lead social-economical development of the Arab sector seeking diversity of business segments and aiming to influence the Arab

sectors’ perception of entrepreneurship and risk taking.

1. Encourage Hi-Tech initiatives and building entrepreneurship eco-system.

2. To make real social-impact.

GOALS

Objectives:

• To have 5 funded businesses after 2 years.

• To create 10 new jobs.

• To have 7 sustainable new businesses after 2 years.

NBIC Strategy:

Motto and Positioning:Mati Nazareth and NBIC are the only non-for-profit organizations seeking to bridge the entrepreneurship gap between The Arab and Jewish communities. We are working to successfully establish a sustainable entrepreneurship eco-system by investing great efforts in developing partnerships and collaborations with leading organizations, from the private and the public sectors, to assure real and substantial social impact, especially at the Hi-Tech industry.

To Have partners and to develop Partnerships

Main Partners:

France Embassy

Ourcrwod

Afterdox Banks StarTau

Presentense

Afifi Group Bird Fund

MAF

Nazareth Municipality

UK Embassy

US Embassy

Our Activities and events:

• Logistics and Administration services.• B.P, technological and economic feasibility, market research,

go to market strategy…• Accessibility to finance – Funds and investments.• Mentoring and networks.• Accelerating and supporting forums. (MOMO, CEO…)• Events and Conferences.• Delegations.• Courses and workshops.

Examples: Events and Conferences Chief Scientist

office conference09/02/2012

Hackathon #107-08/09/2012

StartUp Weekend08-09-10/11/2012

Breakfast with Angles12/2012

Speed Dating Naz20/02/2013

Developers Breakfast – MOMO &

Nokia 12/06/2013

CEO’ Forum27/05/2013

franchises21/01/2014

Partnership for success

09/10/2013

Hackathon #226-27/10/2013

Mobile Monday Nazareth

27/05/2013

Examples: Delegations

Japan’s Delegation – with MOMO 24/04/2013

French Consul22/02/2013

Bank Hapoalim 28/03/2013

Xavier University delegation07/05/2013

US Consul05/06/2013

JBC delegation11/06/2013

Golda Meer Center delegation13/06/2013

AIPAC delegation19/06/2013

South Africa delegation23/06/13

Women entrepreneurs22/08/2013

Harvard UniversitySIRI founder

Examples: Courses and WorkshopsYazamot Illit course with StarTau

First cycle: 03/04/2013 – 17/07/2013 Second cycle: 05/11/2013 – 19/02/2014

Work shop Crowd Funding

with Sherwood Ness

Cisco Israel CEO –Internet of things

Access to Finance:

• 2 Initiatives got 300K-500K grants from Bird Fund.• 3 entrepreneurs got grants from “Tnofa” fund at C.S.O• 3 entrepreneurs got grants from the programs for the

provision of Aid for placement of new employees – Minority directive.

• One initiative got investment from Jordanian angle.• Another got investment from a local angle.• Another 4 entrepreneurs are discussing Term Sheet conditions

for investments.

The Acceleration Program - NazTech• The Need:

• After two years at the NBIC, we think that there is two obstacles/barriers that Arab Hi-Tech entrepreneurs faces:

• Lack of experience – How to take an idea to the startup stage and then to “exit” stage.

• Lack of “SEED and Pre Seed Investments.

The Acceleration Program - NazTech

• The concept:• NAZTECH is an intensive five month acceleration program. It Contains

all the elements of success factors that an entrepreneur need to take his idea to startup, such as: Mentor, Coacher, Expert, consultant, Roundtables, Boot camp, lectures, investors and VC’s, Network and Demo Day.

The Acceleration Program - NazTech

• Goals:• To help the growth of initiatives at the Hi-Tech industry.• To help launching the entrepreneurship eco-system.

• Objectives:• To have 2strategically investments ( Money , Smart money or in-

kind services).

The Acceleration Program - NazTech

‘Open House’ event

23/12/2013

‘Speed Interviews’ event

22/01/2014

‘Orientation Day’ event

03/02/2014

The Acceleration Program – NazTech

Presenting the Acceleration Program to the President.

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Local Media:- Gafra- Bokra- Panet- Alarab- And others.

Thanks for Listening

Q/A