Tel Aviv Tech in Numbers
2,899
$235 Billion
58
152
346
30+
Meet the Startup Ecosystem
Start Ups
Tel Aviv-Yafo has evolved into one of the world’s leading hubs for technology and innovation. With nearly 2,900 start-ups, the Nonstop City is a prime destination for entrepreneurs.
Multi-Nationals
Tel Aviv is home to 152 multinational corporations from 36 countries and across many sectors and industries.
Academia
Tel Aviv’s academic ecosystem is a thriving hub for pre-seed startups, reflecting a global trend in promoting student entrepreneurship. Moreover, it holds the top spot for creating American unicorns among its graduates, according to Stanford data.
Academic Institutions in the Greater Tel Aviv Area:
- Tel Aviv University
- Bar-Ilan University
- The Academic College of Tel Aviv–Yaffo
- Reichman University
- Afeka – The Academic College of Engineering in Tel Aviv
- The Israel Academic College in Ramat Gan
- The College of Management Academic Studies
- Ono Academic College
- Holon Institute of Technology
- Kibbutzim College
- Shenkar
Investors
Tel Aviv’s ecosystem attracts over a 1,000 investors from all over the world, with 31 leading VC’s opening an office in the city in the last year alone.
Accelerators and Incubators
With 174 accelerators and incubators in the Tel Aviv area, entrepreneurs can get support even from ideation phase. From local programs to the world renowned accelerators such as Techstars, Google for startups and many more you can find the right program for you. Tel Aviv municipality encourages the growth of young startups and operates several municipal incubators and accelerators.
Communities
Tech communities build bridges within the innovation ecosystem by bringing together all the players in their specific field. They offer professional content, meetups, conferences with international reach, and represent the communities’ interests in front of the state regulator. In Tel Aviv, you can find numerous communities who serve as a supporting platform for knowledge sharing, networking, collaboration and the advancement of innovative policies.
Governmental Entities
The government of Israel and its various entities constantly work to support the development of the Israeli tech ecosystem. In 1993, they launched the Yozma Program which played a key role in the creation of the Israeli VC industry, and offered a favorable tax regime to MNC’s. Today, governmental support is still offered and includes various grants and incentives. A major governmental entity in the startup ecosystem is the Israel Innovation Authority.
Financial Entities
The Tel Aviv-Yafo metropolitan area is the economic heart of the State of Israel. It is home to the Tel Aviv Stock Exchange, all local and international banks, and the Israeli Securities Authority.