Smart Transportation Accelerator Batch4

The Transportation Innovation Institute at Tel Aviv University, in collaboration with EcoMotion today announced its call for applicant startups for its Summer class which runs June 19 – September 19. The program takes no equity, provides up to $25,000.00 to the founders, and access to world-class mentors and experts in the field of startups and transportation innovation. Applicants from around the world are invited to submit their applications no later than April 4th.

At the completion of the accelerator program, with the acquisition of the necessary tools, the startups will present in the demo day for initial investment.

Israel As A Center for Transportation Innovation

Israel is one of the leading startup and innovation hubs in the world. In the last 24 months, Israel-based companies focused on transportation such as Waze, MobilEye, RedBend, Moovit and GetTaxi have seen exits, IPOs and funding in excess of $2.5 billion. The program will be administered by the EcoMotion staff, and will draw upon a community of mentors and experts in related fields.

Startups accepted into the accelerator will gain exposure to a variety of experts, companies and investors from the field, mentors and leaders in the transportation industry. They will also receive funding to develop their product, professional services and work space, as well as be access to, facilitating the creation of new partnerships.


Admission Requirements
Startup teams from around the world are invited to apply. Five companies will be accepted into the program as long as they:
1. Potential impact on both domestic and global levels.
2. The startup applying has received no more than $100,000.00 in seed funding.
3. Potential to raise initial or add-on funds.
4. Commitment of at least one of the founding team members to spend all of his/her time in Israel during the program.

Location
The Accelerator is housed in the Porter Building, home to the School of Environmental Studies at Tel Aviv University.