NGT3 is the next generation of NGT, which operated as a technological incubator since 2002. NGT3 is a venture capital fund and partnership, with European, American and Israeli partners, who share the vision of investment in early-stage technology-based start-up companies with social agenda. NGT3 brings new opportunities while remaining rooted in Nazareth, the largest Arab city in Israels Galilee. It starts and funds early-stage companies, primarily in innovative medical devices and life sciences, and encourages Arab and Jewish entrepreneurship. NGT3 companies operate within the framework of an Israeli government-licensed technological incubator. NGT3 focuses on a triple bottom line by Developing and creating value to cutting-edge medical technologies and start-up companies; Providing high financial returns for its partners and investors; and, Fostering a social agenda of inclusion and multicultural collaboration.
Its operation continues today under the name NGT HealthCare II