The deadline to apply is November 26th. Applications can be submitted any time, right up until the start of the program. Of course the earlier you apply, the greater the chance of being accepted.
The train will embark December 15th, with a closing ceremony at the Tel Aviv Stock Exchange scheduled for the evening of December 16th.
The MoneyTrain initiative is designed to provide startups across all regions of Israel access to institutional and corporate investors, cultivating a stronger startup culture throughout the country and helping to promote new, innovative growth. By eliminating geographical barriers, MoneyTrain is bridging the gap between highly talented entrepreneurs in Israel’s periphery and elite business leaders and investors.
The MoneyTrain will be departing the Naharyia train station in the morning heading southbound, arriving in Be’er Sheva in the afternoon. The train will then continue back up north to Tel Aviv, arriving by mid-afternoon. Startups will be boarding and exiting the train at various designated stops along the way and should plan on spending about an hour on the train. More details will be provided closer to the event date.
Bright, ambitious and highly motivated startups with unique business ideas should consider applying for MoneyTrain. All verticals are welcome!
As with any application process, how startups represent themselves will be very important. Applicants should clearly exhibit certain traits such as determination, good judgement and strong technical know-how, in addition to presenting a unique business idea that solves a practical industry problem.
Yes, prior funding will have no bearing on whether startups will be accepted into the event.
It is estimated that 150 startups will be accepted into the program from all regions of Israel.
Startups will have 5 minutes to pitch 1 on 1 with individual investors, followed by 5 minutes of Q&A. This will be done in a speed-pitching format, allowing startups anywhere from 4-8 pitching opportunities.
We welcome up to 2 startup team members to board the train and pitch.
Investors will fill out an evaluation form for each startup that pitches to them. A committee will be commissioned to aggregate the evaluation forms & ultimately determine the winner, who will receive their prize at the closing ceremony.
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