Ashdod Port Accelerator

by 500 Global

Frequently Asked Questions

Q. Are there any fees for participating in this program?

A. No, there are no fees for participating.

Q. What is the language of instruction for the program?

A. This program is conducted in English.

Q. Will housing and/or transportation to the accelerator office be provided?

A. Participants will be expected to manage their own housing/transportation needs. 

Q. Who are the mentors?

A. The mentors are drawn from 500’s global team of industry experts and corporate industry leaders.

Q. How long does the program last?

A. The program consists of 2 elements: the accelerator program and the proof of concept (POC). The accelerator is a 12-week program with a full-time commitment. The PoC will run simultaneously over 3-6 months.

Q. Where will the program be located?

A. The 12-week accelerator will include in-person programming held at the Ashdod Port. During these 12 weeks, participants will be required to be on-site a minimum of two (2) days per week on set days, to be determined at a later date. There will be coworking space available for all participants throughout the entire course of the program.

Q. How will the program take precautions during Covid-19?

A. Expected in-person programming will be required throughout the program. We will continue to monitor the Covid-19 situation to determine the structure of the program beyond this. 

Q. When is the application deadline?

A. 03 February 2022.

Q. Who evaluates the teams?

A. Applications will be reviewed by a dedicated Selection Committee, which includes key members from 500 Global and Ashdod Port. Unfortunately, we may not be able to provide feedback to every team that applies.

Q. Is this an investment program?

A. No, this is not an investment program by 500 Global. However, there is the potential for capital investment opportunities from Ashdod Port at its discretion.

Q. Am I eligible to re-apply if I have been rejected from a 500 Global program in the past?

A. Yes absolutely! We always recommend founders to apply even if they haven’t been successful in the past.

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