Could the next ICQ, Amdocs or Waze be built by an
Arab-Israeli? This is what Fadi Swidan is hoping.
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
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.
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.
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.