MaofTech-Akko

Venture Capital Acre, Israel Est. 2019
Portfolio
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in our dataset
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Disclosed deployed
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Stages

About

MaofTech Akko is an accelerator opened in the Akko region for the benefit of technology entrepreneurs and startups in the Galilee. The accelerator is a product of a collaboration between the Small and Medium Business Agency (SMBA) in the Ministry of Economy and Industry, via its executive arm "Maof", the municipality of Akko and Cinnovate, a company specializing in managing accelerators and promoting technological ventures. Entrepreneurs accepted to the accelerator, receive 6 months of hands-on assistance in order to get their startup to be ready for initial capital raising and/or strategic partners. The accelerator focuses on assisting in the market research and competitor research phases, developing customers and business development while creating a business plan and a business model canvas, working on the product, defining the customers/persona, etc. During the program, the entrepreneurs map their initial assumptions - and validate them using various means: from direct encounters with potential customers to the collection and processing of digital intelligence information.

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Investor Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is MaofTech-Akko's operational status?
MaofTech-Akko is currently inactive, having ceased operations in December 2020.
When was MaofTech-Akko founded?
MaofTech-Akko was founded in February 2019.
What was the primary focus of MaofTech-Akko as an accelerator?
MaofTech-Akko focused on providing 6 months of hands-on assistance to technology entrepreneurs and startups in the Galilee region, preparing them for initial capital raising or strategic partnerships. This included market research, customer development, business plan creation, and product definition.
Which organizations collaborated to establish MaofTech-Akko?
MaofTech-Akko was a collaboration between the Small and Medium Business Agency (SMBA) in the Ministry of Economy and Industry (via its executive arm "Maof"), the municipality of Akko, and Cinnovate.
What is the duration of MaofTech-Akko's accelerator program?
The accelerator program at MaofTech-Akko had a duration of 6 months.
Can you name some of the startups that participated in MaofTech-Akko's program?
Notable alumni of MaofTech-Akko include Gotrack, a logistics resource management marketplace, and Hoodini, a social network for neighbors. For a full list, please refer to startupim data.
What was the primary sector focus of MaofTech-Akko's alumni companies?
Alumni companies of MaofTech-Akko spanned sectors such as Retail Platforms (Gotrack), Media & Entertainment Technologies (Hoodini), and Fintech & Insurtech (WaBo FinTech).
Did MaofTech-Akko take equity from participating startups?
No, MaofTech-Akko did not take equity from participating startups.