OurCrowd, a Jerusalem, Israel-based global equity crowdfunding platform for accredited investors, has partnered with Motorola Solutions, Reliance Industries and Yissum, to operate an innovation technology incubator.
The incubator will support growth of early stage startups in Jerusalem focusing on frontier technologies such as:
– big data,
– IoT, and
– computer vision.
The incubator – which will be part of the Israeli incubator program administered by Israel’s National Innovation Authority (formerly the office of the Chief Scientist) – will be based in OurCrowd’s Jerusalem headquarters, located in the JVP Media Quarter campus, founded by MK Erel Margalit. OurCrowd will lead the incubator consortium together with partners Motorola Solutions (NYSE: MSI), Reliance Industries (NSE: Reliance) and Yissum Technology Transfer Company of the Hebrew University of Jerusalem.
It will begin operations and accept applications in the second half of 2017.