ImpactNetwork launches Israeli startup operations

Nir Shimony Photo: PR
Nir Shimony Photo: PR

The world's largest network of green and social startups will operate in Israel in partnership with Impact First Investments and TechForGood.

ImpactNetwork is today launching activities in Israel, by partnering with TechForGood and Impact First Investments. ImpactNetwork, powered by Le Comptoir de lInnovation is the world largest network of green and social startups, including over 500 startups in 10 countries through 13 programs, and a 100 million impact investment fund.

ImpactNetwork, founded by Le Comptoir de lInnovation in France in 2010, has incubator and accelerator programs dedicated to green and social startups worldwide including Paris, San Francisco, Austin, Hong-Kong, Cape Town, Casablanca, Tunis, Santiago, Amsterdam, Brussels, and Luxembourg.

Since its founding, ImpactNetwork's aim has been to mobilize global cross-sector partnerships toward the common vision of recognizing and celebrating excellence in social innovation.

Le Comptoir de lInnovation, through its ImpactNetwork, is now uniquely situated to enter Israel's startup eco-system through its newly formed partnership with TechForGood and Impact First Investments, two pioneer organizations in the field.

TechForGood participants will have the opportunity to tap into ImpactNetwork and learn from like-minded international peers. They will have access to a large range of services available - from Jump Seat programs, which allow entrepreneurs to work from another hub available in the network, to exchanging with mentors and experts to develop their projects.

Le Comptoir de lInnovation founder Nicolas Hazard said, In recent years, Israel has seen its social tech start-ups ecosystem growing. We are very proud to contribute in helping the entrepreneurs in maximizing their impact by leaning on our expertise and know how."

TechForGood cofounder Nir Shimony said, Since they were founded, both TechForGood and Impact First have worked to establish a thriving social tech ecosystem in Israel, aiming to harness the brilliant minds of the Startup Nation for the benefit of developing startups technologies that would will change the world for all of us the better. CDIs entrance to this industry in Israel is a vote of confidence in the ability of Israel to become a global leader of the social tech industry. Our membership partnership in a global network as CDI will provide much needed leverage to the startups we promote.

Impact First investments cofounder Cecile Blilious said, "Impact First is engaging in this partnership to enable us to nurture the social-tech eco-system in Israel, by supporting early stage companies, and providing the companies and our partners with the investor edge and experience. We believe that in teaming up with the best international partners we provide the entrepreneurs with the best chances of success, ultimately resulting in a higher yield of quality eligible companies for investment in later stages."

Published by Globes [online], Israel business news - - on July 17, 2016

Copyright of Globes Publisher Itonut (1983) Ltd. 2016

Nir Shimony Photo: PR
Nir Shimony Photo: PR
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