Easy access to funding for high-tech
In addition to the "National Priority A Area" investment grants and tax benefits of up to 20%, funding for startups is readily available in Yokneam. Three startup incubators and three banks are located in Yokneam. To make funding more accessible to companies in the Startup Village area, Israel's largest bank placed its high-tech investment center for northern Israel in its Yokneam branch.
In addition to local investment channels, VCs from outside the area have been investing in the companies located in Yokneam. These include:
Poalim Hi-Tech is the technology banking arm of Bank Hapoalim, Israel’s largest financial institution. Poalim Hi-Tech offers specialized financial services, tailored to meet the unique needs of the Israeli High-Tech sector: start-ups to established tech companies, Incubators, Accelerators and Venture Capital Funds.
Headquartered on Tel Aviv’s Rothschild Blvd, the vibrant new heart of Israel’s start-up scene, Poalim Hi-Tech’s team of specialized bankers, led by industry veteran
Yossi Vinitski, operates its northern Israel branch in Yokneam.
Poalim Hi-Tech clients benefit from its powerful network within the Israeli high-tech ecosystem,including technology investors and service providers. Bank Hapoalim’s international presence and depth of banking services - investment banking, private banking, Fund of Funds vehicle and Fintech Program - are all part of Poalim Hi-Tech’s network and its tailored client services.