The Accelerator Platform
Our platform is designed to help startup founders get through the early stages of their venture creation. No two startups are alike nor do they follow similar paths.
We focus exclusively on what’s best for each team, working with founders hands-on to provide whatever it is they need to succeed, whether it’s sharpening their unique value proposition, finding their market ‘sweet spot’, making their product more desirable or preparing to raise their first round.
We expect founders to commit seriously to their startup’s success. We don’t take equity.
How it Began
In 2012, the year we started Siftech, only several startups were founded in Jerusalem. Though home to The Hebrew University, The Bezalel School of Art and Design and many other talent factories, future entrepreneurs were leaving the city en masse as soon as they graduated. They felt that the city had nothing to offer them professionally.
Students ourselves at the time, we witnessed this brain drain first-hand and decided to do something about it. We opened an entrepreneurship workshop in a small classroom at the Hebrew University campus, with the aim of helping and supporting entrepreneurs in their early stages of development. With one-on-one mentorship by leading figures from the Israeli startup scene and lecture-style sessions to help founders up their game, we hoped to become a pipeline platform for more companies to take root in the city.
By early 2014 the startup scene in Jerusalem went into overdrive and we decided to establish a full-scale accelerator program. It was time. Since then, we have run 7 rounds of the accelerator and have accelerated over 80 startups.
We don’t do departments, dividers, or bureaucracy, and you won’t find a reception desk or waiting area in our workspace. Gatekeepers are the enemies of collaboration, the killjoy of spontaneity.
That’s why the door to our workspace is always open (it is). Anyone can walk into Siftech and ask for help, advice, and direction. If we can’t help, we’ll find someone who can (we’re inveterate networks). Our workspace is located inside JVP Media Quarter, at the heart of Jerusalem’s start-up scene. This is a dream location for young startups. Housed in a stunning Bauhaus landmark overlooking the ancient Old City of Jerusalem, the Media Quarter is home to JVP and OurCrowd, two of Israel’s top VC funds, a rocking performing-arts hub and great restaurants and Cafés.
For entrepreneurs eager to grow their networks, this is a storied meeting place of hi-tech smarts, investors, entrepreneurs, creators, makers, and visiting dignitaries.