Venture Capital
In the 1990s, Israel faced a serious challenge. An influx of over a million ex-Soviet Jewish immigrants needed to be provided for, in rough economic times. The government of Israel launched the Technology Business Incubator Program. The goal was to arm the immigrants (who were mostly educated) with knowledge and access to funding to become successful entrepreneurs. The two-year incubation programme set Israel on course to become one of the world’s most successful ‘start-up countries’.