LaunchHouse in Cleveland Seeks Israeli Companies for Accelerator Program

June 26, 2012, category: Events,Hi-Tech,Investing,Uncategorized

LaunchHouse, a business accelerator started in 2008 is eager for Israeli companies and innovators, especially in the technology sector, to join its inaugural accelerator program. LaunchHouse, based in Cleveland, Ohio, has helped 30 startups succeed since its inception and is now launching its first Accelerator Program. This new endeavor will offer 10 tech teams 12 weeks of work space in Cleveland and $25,000. Teams must each be composed of two or three founders who will work with innovators and, at the end of the 12 weeks, will have the opportunity to present their ideas to local venture capitalists. Each team will also have a different set of goals. The hope is that such a program will allow innovators to work in a professional, rather than purely academic setting.

The founders of LaunchHouse are especially interested in Israeli innovation and the company has been approached to open a center in Israel. The company is currently setting up a Jewish entrepreneurial fund as well. Applications for the project are due July 1 and innovators begin their work on September 1. Learn more from the Jerusalem Post, or contact Daniel Blumenthal to find out more about this and other opportunities to identify and collaborate with Israeli startup companies in the high-tech and other sectors.

The Government of Israel Economic Mission to the Midwest is organizing a delegation to the 2012 HTIA Conference in Jerusalem this September.  The conference will provide an inside look at the ecosystem of entrepreneurship in Israel, from VCs to startups to multinational companies from Israel and around the world.  To learn more about this delegation visit the events page or contact Daniel Blumenthal.