Initiative of Yokneam Municipality
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As a technology hub center in Israel, Yokneam is constantly looking at reinventing itself to improve educational, cultural and economic opportunities and has transformed into a vibrant startup ecosystem.

Notable Startups
startup iconFieldIn
startup iconSofWave
startup iconApollo Power
Top Coworking Spaces
startup iconColab Square
startup iconPitch
startup iconOpen Valley
Top Accelerators
startup iconYoudim
startup iconAlon MedTech Ventures
startup iconTerraLab Ventures
Notable Organizations
startup iconYokneam Municipality
startup iconStartup Village Yokneam
View complete Yokneam startup ecosystem database

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Key Stats of the Yokneam Startup Ecosystem

Rankings provided by
Top Industries
Health icon
Health
#136 worldwide
Transportation icon
Transportation
#152 worldwide
Foodtech icon
Foodtech
#175 worldwide
Ecosystem Rankings
National ranking
4th
In Israel
Regional Ranking
8th
In Middle East
Global Ranking
308th
worldwide

Yokneam Ecosystem Landscape

Taxes and Incentives
    • National Priority A Area, Yokneam boasts increased amounts of grants and funding available via the Israeli Innovation Authority. The Authority, financially supports entrepreneurs and startups, with a wide variety of initiatives aimed at creating successful startup ecosystems across Israel.

    • Companies in Yokneam are eligible for major tax benefits and investment grants of up to 20%, as well as different R&D Grant programs.

    • Global Enterprise R&D Collaboration Framework is a program that aims to encourage partnerships between multinational corporations (MNC) and startup companies in Israel, in order to maximize the synergy between the partners’ strengths.

    • Israel has 4 bi-national funds with the U.S.A, Canada, Korea and Singapore.

    • Innovation Visas Program for Foreign Entrepreneurs assists foreign entrepreneurs with the visa process.

    • Under the Israeli Law for the Encouragement of Capital Investment, approved enterprises in Yokneam Illit enjoy the highest level of tax benefits and investment grants (currently up to 20% of the investment or 10 year tax exemption).

    • Israel participates actively in several multinational European R&D programs such as: Eco-Innovera, FetFlagships EraNets, M-ERA. NET, MANUNET II, ERA-NET TRANSPORT III, Era-Net RUS, ENIAC, Ambient Assisted Living (AAL), EUROSTARS.

    Investor Landscape
    • Startup Village Yokneam is Israel’s Alternative High Tech Ecosystem with nearly 150 different companies involved in R&D and roughly USD 7 billion in technology exports annually.

    • Mevo Carmel is a new 250-acre Jewish-Arab industrial park.

    • The park is expected to attract logistics and production facilities that will serve as an extension to the Startup Village - Yokneam startup ecosystem.

    • Three startup incubators (Alon MedTech Ventures, TerraLab Ventures, Youdim Pharmaceuticals) and three banks (Bank Leumi, Bank Hapoalim, First International Bank of Israel) are located in Yokneam.

    • Poalim Hi-Tech makes funding more accessible to companies in the Startup Village area. Israel’s largest bank placed its high-tech investment center for northern Israel in its Yokneam branch. Poalim Hi-Tech offers specialized financial services, tailored to meet the unique needs of the Israeli High-Tech sector: start-ups to established tech companies, Incubators, Accelerators and Venture Capital Funds.

    • Alon MedTech Ventures is active in the initiation and growth of young high-tech companies with a focus on medical devices.

    • Terralab Ventures is an early stage venture capital firm dedicated to partnering with inspiring entrepreneurs to build breakthrough companies.

    • Youdim Pharmaceuticals is an innovative pharmaceutical company and incubator that specializes in the development of therapeutic and diagnostic solutions for neurological disorders and cancer.

    • In addition to local investment channels, VCs from outside the area have been investing in the companies located in Yokneam. These include: BRM Group, Byren Ventures, Gemini Israel Ventures, Israel Growth Partners (IGP), Israel HealthCare Ventures (IHCV), JAL Ventures, Pitango, Previz Ventures, Proseed Venture Capital Fund, Sequoia Capital, Tamar Ventures, Teuza, Thomas, McNerney & Partners, Vintage Investment Partners, Viola Group, 2BAngels, AfterDox, Liberty Global, PLUS Ventures, Conduit, SkyWind.

    Notable Events and Communities
    Yokneam is situated in the close vicinity of Haifa, an area that offers plenty events related to business, science, technology and startups:
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Why Yokneam is a great City to live in

Yokneam’s proximity to two major universities Technion and the University of Haifa and its location at the crossroads between northern Israel and the major urban areas of Tel-Aviv and Jerusalem are certainly some of the reasons why this city developed so much in recent years. The tax benefits and investment grants associated with its status as a “National Priority Area A” and the lower cost of housing all worked together to attract Israel’s highest concentration of R&D companies outside of Tel-Aviv and give it the nickname of Startup Village.

Why Yokneam is a great city to live in
Population
12m
as of 2019
GDP
$8,830
per capita
Cost of Living
$1,740
per person and month
Read more about life in Yokneam

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