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Home Science & Technology Startup Nation Tech Bits

Deloitte Launchpad accepting applications for 2nd cohort of Israeli startups

by  Noga Martin/ILH Startup Editor
Published on  06-22-2021 13:47
Last modified: 06-22-2021 13:47
Deloitte Launchpad accepting applications for 2nd cohort of Israeli startupsMailchimp via Unsplash.com
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Deloitte Launchpad is accepting applications for its second cohort. It is the first and only corporate program in Israel to assist Israeli growth-stage startups as they scale and expand operations in the US market.

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Startups can apply to the program between June 16-July 11, and seven will be selected.  A Deloitte US and Deloitte Israel joint initiative, the program is equity and fee free. Ideal candidates are startups with a validated product, at least half a million dollars in annual revenue, and a relocation to the US on their two-year roadmap.

The program will provide personalized content to address important topics such as: strategy for expansion, building a solid foundation for a future relocation, creating a solid sales infrastructure, and access to top tier venture capital funds in the US.

The Launchpad program is spearheaded by Yair Laron, co-leader of Deloitte Catalyst TLV, Deloitte Israel's practice for startups, together with his American counterpart, Heather Gates, National Emerging Growth Companies Leader at Deloitte US.

"We are offering Deloitte Launchpad, not as a service, but as a specialized program for companies in their growth phase that are building their presence in the US market. Typically, accelerators in the market target early-stage companies. We saw a need to support and provide resources to growth stage startups who have entirely different challenges. Our goal is to be there for founders in moments that matter. We are looking to help them accelerate their learning curve and avoid pitfalls that we see in the market and with our clients," said Laron.

Startups can apply to the program until July 11. The second cohort of Deloitte Launchpad is scheduled to start the beginning of October 2021.

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