Google announced that Tel Aviv to host its first overseas startup accelerator program. The negotiations started early last month. This forms part of the company’s Launchpad program. The worldwide program assists the startups to develop, network and enlarge their business. This shift marks the company first time in history to move startup accelerator from the U.S.
Google works with over 150 local startups through Israeli accelerators. It also partners with BrainQ startup based in Jerusalem. The collaboration focuses on stroke and spinal cord disease mitigation. The diseases diagnostic is via a brain-computer interface (BCI.)
Mobile App Daily Israeli accelerator will improve startups technological base. The initiative will enable the Google to support Small scale startups expansion. He emphasized that the Tel Aviv accelerator project represents the company commitment. The main mission is to pursue AI-first agenda. It shows a total transformation from the former mobile-first mentality to now AI-first. The agenda implementation gained support from experts like Roy Glasberg and Nir Chinsky.