The British Embassy in Israel's entrepreneurship center is teaming up with a cluster of NGOs and tech players to foster Arab-led startups in Israel in a program called MoveUp.
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Partners in the initiative include PresenTense, a non-profit organization that promotes diversity, equity and inclusion in Israel;s entrepreneurial ecosystem, Citi Foundation, the British Embassy, the UK Israel Tech Hub and with Takwin VC, which invests in Arab-led startups.
The new post-accelerator aims to assist in advanced levels of product development and provide the founders with relevant tools, consulting, guidance and networking with their next steps.
A group of 10 to 12 entrepreneurs will participate in an intensive two-month program designed to include 12 virtual group sessions led by local and UK experts in fields ranging from finance to intellectual property and more. Participant will also be connected to potential investors in Israel and the UK.
Khouloud Ayuti and Ariella Rosen, co-CEOs of PresenTense, said that "In these times of growing uncertainty and increasing social gaps between diverse communities in Israel, we are proud to launch MoveUp together with our partners to provide immediate support for Arab entrepreneurs, promoting them to take part in the 'startup nation.'"
British Ambassador to Israel Neil Wigan said, "Promoting values of diversity and inclusion is of great importance for the UK, and we are happy for the opportunity to assist and contribute to the promotion of these values in the Israeli tech ecosystem.
"I believe in the power of technology and entrepreneurship as a catalyst for a diverse and inclusive society and as a tool to address social gaps, and I welcome the collaboration between Embassy and PresenTense on this mission. We look forward to continuing to work together for a diverse future in the Israeli tech sector," Wigan said.
Citi Foundation Israel CCO Neil Corney said,"The unique partnership between Citi and PresenTense concerning shared social values and perceptions leads to fruitful results."
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