Jewish-Arab Biomed Incubator

Interesting new incubator:

Hadasit – the Technology Transfer Company of Hadassah Medical Organization has launched Ways, an incubator for joint Jewish-Arab biomed ventures in the Galilee. Ways is a joint venture with a group of investors from the region.

Hadasit has pledged to invest NIS 7.5 million in Ways over the next five years. In addition to joint Jewish-Arab biotechnology ventures, Ways will also foster entrepreneurship among new immigrants and outstanding teenagers in the field

In addition to Hadasit’s investment, several million dollars have been pledged to Ways from social organizations. Ways will invest $500,000 in 12 projects each, which will be matched by the Office of the Chief Scientist.