DreamIt Ventures Opens First US-Israel Hybrid Accelerator

DreamIt Ventures recently announced DreamIt Israel, the first hybrid Israel-United States accelerator program.  DreamIt has run several high-profile accelerator programs out of both Philadelphia and New York, and has launched such names as SCVNGR, Take the Interview, Postling, Adaptly, Notehall, among others.  This will be their first international version.

This four month program begins on April 15th, and the first month of the program will be held in Israel.  The following three months will take place alongside the DreamIt NYC 2012 program in New York City.

Graduates of DreamIt Israel will receive two months of workspace in Israel, help expanding into US and other global markets, a stipend up to $25,000, as well as the DreamIt community mentorship, guidance, and access to early-stage capital.

The program will be led by Mitchell Golner.  According to the DreamIt press release: “[Golner] has over 18 years of experience in the hi-tech industry and has held various business and technical roles in Software, Hardware and Systems.  Mitchell has done business throughout Asia as well as in the US, Europe and Israel. Originally from the US, he has lived and worked in Silicon Valley, Hong Kong, ShenZhen, China, and is now based in Israel.”

Interested startups can apply at: www.dreamitventures.com/apply.  The early acceptance deadline is February 22.