"Igniting the Spark: The Beta Israel ISF Foundation's Mission for Startups During the Iron Swords War

Amid the ongoing war, a remarkable initiative has taken root in Israel's vibrant startup ecosystem – the Beta Israel - Iron Swords Foundation (ISF). Article in collaboration

Rotem Mey-Tal, founder of ISF-IL with Tal Dotan, CEO of the startup DIVO which is supported by ISF-IL, photo in the field by ISF-IL

“The Jewish response to trauma is counter-intuitive and extraordinary. You defeat fear by joy. You conquer terror by collective celebration…” (Rabbi Lord Jonathan Sacks, of blessed memory)

In the heart of the Iron Swords War, a remarkable initiative has taken root in Israel's vibrant startup ecosystem – the Beta Israel - Iron Swords Foundation (ISF). This organization is committed to delivering essential support to startups led by entrepreneurs who are actively participating in operational and reserve duties amidst the War. The organization's website is Betaisrael.biz  

Elisha Kuchar, responsible for managing donor relations at Beta Israel, highlights the critical support from the American Jewish community during such national conflict. Their contributions, both in terms of resources and finances, solidify a deep-rooted alliance and obligation to the state of Israel the homeland of the Jewish nation.

Rotem Mey-Tal, Startup relations manager, outlines the foundation's streamlined process tailored for the dynamic challenges of the war & post-war landscape. Given that the Beta Israel team and the startup founders are all reservists, the foundation has crafted a swift, practical three-step method for providing financial first aid.

The application process kicks off with founders submitting detailed proposals in English, describing their startup's current status.

This is followed by a succinct 20-minute online interview, designed to fit into the demanding schedules of those impacted by the war. The final step involves a comprehensive review by an internal team, including tech experts, legal professionals, CPAs, and auditors, to ensure each case receives the attention it deserves. Eligible startups are then promptly awarded a financial grant to address their immediate needs, without any obligation for repayment.

Elisha assures us that speed does not compromise thoroughness. The organization's commitment to a diverse & professional expert panel underlines its promise of delivering thoughtful, impactful assistance.

The online interview Process for a startup by ISF-IL, photo by ISF-IL

Rotem draws a parallel between the foundation's strategy and a well-oiled military unit, with each member playing a crucial role in ensuring startups don't just survive but thrive, even as their leaders stand guard for their country.

Since they started, Beta Israel's reached out to all sorts of new businesses, from VR to green energy, showbiz to sports, gaming, crunching data, and online shops. Tal Dotan, founder and CEO of DIVO, a startup merging virtual reality (VR) with sports clubs, attests to the foundation's responsiveness and efficiency. Despite initial concerns about time constraints, Dotan experienced a streamlined 10-day process that resulted in financial assistance from the ISF-IL organization.

To tie it all up, Rotem shares what the Beta Israel team is really hoping for: that every entrepreneur they've helped can get back to their families safe and sound and keep their business dreams alive. The Beta organization shines through the Iron Swords war, showing just how they can hit the target with smart, fast support, never losing sight of keeping Israel's creative flame burning bright.

Now, the Beta Israel - Iron Swords Foundation, with its fiscal sponsor the PFAP, welcomes U.S. supporters to contribute, with the assurance of tax-deductible receipts in line with 501(c)(3) standards.

Discover this remarkable story of resilience and ingenuity. Be a part of a movement that not only funds dreams but also fuels the fires of hope and progress during times of strife. Visit the Beta Israel ISF Foundation and see innovation in action, where startup nation meets the global Jewish family.

Elisha invites you to visit the website page of the organization at  Betaisrael.biz

In conclusion, Beta israel ISF organization is an Israeli initiative that was born during the war in order to preserve the spirit of Israeli entrepreneurship and innovation, especially in difficult and tragic times such as the Iron Swords War.

The organization invites you to enter its official donation page at Givebutter.com/betaisrael, and make a significant impact on the ecosystem of entrepreneurship in the State of Israel which is affected by the Iron Swords War.

Article written in collaboration with the Beta Israel - Iron Swords Foundation
 

 

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