Startup incubator DreamIt Ventures announced its first hybrid accelerator program offering Israeli Entrepreneurs (who currently reside in Israel) a special program including accelerator time in both Israel and New York. The program aims to give five Israeli startups an early market exposure, so that they can develop their product/market fit based on feedback and immersion in their target market.
In order to be eligible to participate in the DreamIt Israel program, your team must be residing in Israel and holding citizenship or residence. Participants must be able to participate in the full program including the first month in Israel and 3 months in New York. The program will feature mentors from Israel and the US, exposing the newbie’s to customers, partners and investors in the US. The program will kick offs in spring 2012.
Five companies will be chosen to be a part of its inaugural launch and applications are open now and can be made through DreamIt Venture website.