i4Valley, The first and only entrepreneurship incubator in Israel for entrepreneurs living and breathing the fourth industrial revolution (i4.0) marked its first year founding
in Karmiel – with the participation of high-tech, industry and government executives.
i4Valley was established in Karmiel, with the aim of developing the high-tech industry in the Galilee and the State of Israel. The incubator serves as the first technological investment center of its kind in Israel for this industry
The Israeli government has identified the enormous economic potential of Industry 4.0, which is expected to add $ 25 billion to the state over the next five years
Industry 4.0 is a term that represents an organizational concept for managing factories and industrial processes in a smart and modern way while integrating technologies such as: the Internet of Things, real-time information analysis, Robotics, Artificial Intelligence and cyber protection.
The conference was attended by: Mayor of Karmiel, Moshe Koninsky, Prof. Arie Maharshak, President of the ORT Braude College of Engineering, Karina Rubinstein – Director of Business Development at Israel Innovation Authority,
Erel Margalit, Founder & Executive Chairman JVP and Margalit Startup City, Zuri Dabush , Chairman of Klil Industries, Sivan Yechieli, CEO of i4valley, Zvika Weinstock, CTO of i4valley and other senior executives from the industry.
The technology incubator invests in early-stage start-up companies (Pre Seed and Seed, which are selected after careful sorting. The goal is to reach 6 to 8 companies a year in the areas of: cyber protection, AI, Cleantech, Virtual Reality, Robotics and more
I4valley CEO Sivan Yechieli said at the conference: "The technology incubator, which is the first technological investment center of its kind in Israel of Industry 4.0, creates great value for the Galilee and industry in the State of Israel. It is leading to an increase in the number of high-tech companies and leveraging innovation, entrepreneurship and human capital in the field"
Photos Courtesy: Michael Tomarkin.
From right to left: Mayor of Karmiel, Moshe Koninsky, Erel Margalit, Founder & Executive Chairman JVP and Margalit Startup City, Zuri Dabush, Chairman of Klil Industries and Sivan Yechieli, CEO of i4valley. (125)
Sivan Yechieli, CEO of i4valley with Prof. Arie Maharshak, President of the ORT Braude College of Engineering (32).