A Business Technology Entrepreneurship Center in Haifa’s Innovation District
Who we are
HiCenter has been promoting tech ventures in Haifa for the past 12 years.
HiCenter was established in 2008, as an entity supported by the Innovation Authority (then the Chief Scientist’s Office) to invest in seed-stage tech companies, by the Haifa Economic Corporation (HEC) and the Haifa Municipality.
Wishing to provide a comprehensive support system for the development of tech ventures in Haifa, and since there are no other entities that provide such support, HiCenter has extended its activity to include additional services necessary for the foundation and development of startups.
As such, it provides startups and entrepreneurs with business assistance, help raising capital and even direct incentives through the In-VENTech program.
We are currently working on a new program at HiCenter focused on encouraging investors to finance startups in Haifa.
HiCenter in numbers
Million NIS entered the city’s economy due to HiCenter’s activity
Years of experience in business ventures in Haifa
startups in Haifa are promoted by HiCenter
What we do
HiCenter leads the Innovation District’s entrepreneurial, technological and business activities, and supports startups and entrepreneurs in developing their companies and creating a business environment that maximizes their chances of success.
wishing to build successful companies that will make Haifa their home, and act as a catalyst of growth for the city’s economy in general and for the development of the technological innovation industry in particular.
HiCenter, headed by leading professionals in their field, provides startups with business assistance, helps with fundraising, and provides direct incentives of up to NIS 500,000NIS per company.
Since its establishment and until today, HiCenter has become partner in and leader of Haifa’s developing high-tech community, has held and promoted enriching events that are open to the public, has led the “Investors Club” that brings together investors from all over the country and is an international focal point for cooperation between the three sectors: government, municipal and private, successfully promoting start-ups and acting as a driving force for the development of a complete entrepreneurial ecosystem.
HiFund is a crowdfunding platform that promotes technological startups in Haifa.
HiFund is a manifestation of the Haifa Municipality’s agenda to develop and promote the city’s tech venture eco-system, with a focus on raising funds for local startups.
We strive to make an optimal match between investors and young tech ventures, a connection that beyond being beneficial to the companies themselves and creating maximal value for their investors, also contributes to creating growth engines for Haifa’s economy and promoting its tech venture industry.
HiFund’s activity is an integral and complementary part of HiCenter’s acceleration and growth program.
The IN-VENTech program was planned and built by HiCenter and promotes startups in Haifa’s port district, supported and funded by Haifa Municipality and Haifa Economic Corporation.
The program includes locating partners and customers in Israel and abroad, giving counsel and assisting in building an investment model, introducing investors, recruiting and supporting the team of counsels and the company’s marketing strategy. The duration of the program is between 6 months to two years, depending on the track chosen for each company, and in addition, the companies are given a grant of 300K NIS, grants for office rent and meals at Haifa’s restaurants for the employees participating in the program. In total, the companies receive grants worth approximately 500K NIS without management fees, equity allocation or diluting their shareholders and founders, while their only commitment is to stay in Haifa for three years after joining the program. Beyond being assisted financially, the companies also receive help in recruiting employees, finding investors and regarding their business development. Twenty seven companies joined the program in the past year.
Our program is designed for companies based on technological innovation, with a cohesive entrepreneurial team that has diverse capabilities and proven feasibility, while nautical, shipping, medical and smart city ventures are prioritized.
While the quality and abilities of our companies, teams and the stage they’re in are important factors, it is the quality of the entrepreneur leading them that has the greatest influence on whether we choose a company or not.
In our experience in high-tech, it is the entrepreneur’s technological, business and personal capability that can significantly increase a company’s chances of success.
Entrepreneurs need to know how to withstand pressure and always think outside the box. The moment we find such an entrepreneur, it confirms our understanding that their company has a place in our program.
In its distant past, HiCenter acted as an investment firm and raised more than one hundred and fifty million shekels for 22 portfolio companies. The Innovation District, and the programs promoted there, as well as its proximity to Matam Park and academic research and medical institutions, undoubtedly indicate that further innovation is in the city’s future.