AN EMERGENCY IMPACT FUND FOR ISRAELI STARTUPS
Support promising Israeli startups at risk as their hero teams defend their country
In light of the heinous October 7th terror attack and the war it sparked, our IDF reserve soldiers – many of whom are startup founders, management, and team members – are rallying to Israel's defense. Some 10-25% of the total Israeli startup workforce and 15% of founding teams are currently enlisted in the IDF. They have dropped everything to defend the Jewish State as it fights for survival. As a result, unfortunately, the ability of many promising Israeli startups to continue their successful trajectory, acquire customers, and plan for upcoming investment is now at risk.
We are prioritizing our startup funding based on practical criteria and available capital.
A preliminary appraisal of all potential funding candidates will be conducted by InNegev and Startup Nation Central to ensure an appropriate fit, growth trajectory, and a promising team.
A professional assessment will be made by leading VC experts (pro bono) to determine product/market fit, funding potential, and expected revenues by the end of H1 2024.
Once approved, startups will almost immediately receive appropriate funding to allow for business continuity.
4) SUPPORT & MENTORSHIP
Veteran investment professionals – all volunteers – will be paired with selected startups to guide them as they strive to reach their funding goals and/or sales targets, helping with process, resources, workforce, and other vital endeavors.
Iron Nation has partnered with leading hi-tech executives, companies, and organizations to ensure the most promising Israeli startups continue their growth trajectory during and after the war.