Yesterday, we visited the accelerator The Hive, created in 2006 in Tel Aviv, and presented to us by its director Audrey Chocron. An accelerator is like an incubator, but on a shortest period (6 months instead of 2years). This accelerator is the brainchild of the association Gvahim whose purpose is to facilitate the integration of Olims (new immigrants in Israel) finding positions in Israeli society.
This is a very pleasant and colorful place that allows 15 entrepreneurs of 8 nationalities to make their projects become a reality. There’s no time to dwell on the business plan and prospects, they must first act as the lucky ones have only 6 months in the accelerator before flying on their own. Fortunately among these 8 start-ups, 5 are IT projects that quickly reach their market.
The Hive is a real network accelerator for these newly arrived graduates. The main problem for these entrepreneurs is that, are they are freshly arrived in Israel, they did not go to the army, so did not created their network of friends and relationships in the country. Plus, Israeli employers often don’t know very well the schools or universities were Olim are graduated from. So The Hive make them meet CEO, investors, consulants, coaches,etc.
After Audrey’s presentation, we met some entrepreneurs and talked with them about their project.