2023

Ashdod Port Accelerator by 500 Global

The Ashdod Port Accelerator by 500 Global selected 12 Israeli startups for a rigorous 12-week program, that culminated in the Blue Ocean for Startups event, a full day of maritime and Industry 4.0 innovation. We held a Demo Day for the graduating startups of the Ashdod Port Accelerator by 500 Global, an expert panel, and witnessed 12 promising startups showcase their ventures.

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Accelerating the future of tech in Israel

Ashdod Port Accelerator by 500 Global is a 12-week program, aiming to accelerate up to 14 startups with solutions in Maritime, Industry 4.0, Energy, Seaport Operations, Logistics, Shipping, Drones, Procurement Technology, HR, and Cyber Security. Selected companies had the opportunity to participate in an accelerated Proof-of-Concept to test and validate partnerships throughout the program.

Validate partnership opportunities

Startups will have the opportunity to quickly test and validate partnership opportunities with Ashdod Port throughout the program.

Mentorship and global network

Selected companies will benefit from 12-weeks of masterclasses, mentorship, and coaching from 500 Global’s international network of mentors.

Potential post-program opportunities with Ashdod Port

Opportunities to collaborate with Ashdod Port following the program, including potential capital investment opportunities, at the Port’s discretion.

Program overview

This program targets startups in the following industries: Maritime, Industry 4.0, Energy, Seaport Operations, Logistics, Shipping, Drones, Procurement Technology, HR, and Cyber Security

Pre-requisites

Startup Criteria

We looked for startups that met the following criteria:

Seed or Post-Seed stage and Israel-based
Working with a ready MVP in the maritime technology space
Able to commit to PoC and the entire duration of the program

The program Fee for Phase 1 is $35,000 per startup, excluding travel expenses. This fee covers the comprehensive support, mentorship, and resources provided throughout Phase 1.

By completing Phase 1, startups is expected to gain valuable insights, refine their strategies, and make informed decisions for successful market expansion.

Step 1

Submit

Once applications open, we'll share the dates to submit your application as well as the deadline.

The program Fee for Phase 1 is $35,000 per startup, excluding travel expenses. This fee covers the comprehensive support, mentorship, and resources provided throughout Phase 1.

By completing Phase 1, startups is expected to gain valuable insights, refine their strategies, and make informed decisions for successful market expansion.

Step 2

Review

The 500 Global team reviews all applications carefully. We will reach out to schedule an interview if there is a potential fit. Shortlisted companies will also subsequently need to complete the tender process required by Ashdod Port prior to selection.

The program Fee for Phase 1 is $35,000 per startup, excluding travel expenses. This fee covers the comprehensive support, mentorship, and resources provided throughout Phase 1.

By completing Phase 1, startups is expected to gain valuable insights, refine their strategies, and make informed decisions for successful market expansion.

Step 3

Decision

We will respond with a decision prior to the program launch.

The program Fee for Phase 1 is $35,000 per startup, excluding travel expenses. This fee covers the comprehensive support, mentorship, and resources provided throughout Phase 1.

By completing Phase 1, startups is expected to gain valuable insights, refine their strategies, and make informed decisions for successful market expansion.

Disclaimer

THIS PROGRAM IS OPERATED BY 500 STARTUPS INCUBATOR, L.L.C. (TOGETHER WITH ITS AFFILIATES, “500 GLOBAL”) AND THE FUNDS ADVISED BY 500 STARTUPS MANAGEMENT COMPANY, L.L.C. DO NOT PARTICIPATE IN ANY REVENUE GENERATED BY THESE ACTIVITIES. SUCH PROGRAMS AND SERVICES ARE PROVIDED FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY AND UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT PROVIDED AS PART OF ANY SUCH PROGRAMS, SERVICES OR EVENTS BE CONSTRUED AS INVESTMENT, LEGAL, TAX OR ACCOUNTING ADVICE BY 500 GLOBAL OR ANY OF ITS AFFILIATES. THIS SITE IS INTENDED SOLELY TO PROVIDE INFORMATION REGARDING 500 GLOBAL AND THE STATED PROGRAM. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED IN THIS SITE AND WHILE 500 GLOBAL HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED IN THIS SITE IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS SITE IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. THIS WEBSITE IS UPDATED AS OF DECEMBER 2022. THIS IS A NON-INVESTMENT PROGRAM, AND PARTICIPATION IN THE PROGRAM DOES NOT INCLUDE OR GUARANTEE AN INVESTMENT FROM 500 GLOBAL, ASHDOD PORT, OR THEIR RESPECTIVE AFFILIATES. HOWEVER, PARTICIPATION IN THE PROGRAM DOES NOT PRECLUDE 500 GLOBAL, ASHDOD PORT, OR THEIR AFFILIATES FROM CONSIDERING FUTURE INVESTMENT IN A PARTICIPATING COMPANY.