Technion DRIVE Accelerator

Technion DRIVE Accelerator leverages the exceptional ecosystem, innovation capabilities, and distinguished human capital of Technion - Israel Institute of Technology to foster entrepreneurial growth. Drawing from a rich pool of researchers, students, and accomplished alumni, the accelerator strategically concentrates on domains where Technion demonstrates remarkable strength in both research and commercialization efforts: Information and Communication Technology (ICT), Advanced Materials, Robotics, and Medical Devices. This targeted approach ensures startups benefit from world-class expertise in fields where Technion has established global recognition.

The comprehensive acceleration package provides entrepreneurs with multifaceted support critical for early-stage success. Participants receive personalized mentorship from industry veterans, access to entrepreneurship training through the DRIVE Academy, and opportunities for international exchange programs to expand their global perspective. The accelerator facilitates beta-site testing, fundraising guidance, and assistance in navigating both local and international grant opportunities, addressing key challenges faced by technology startups during their formative stages.

Portfolio companies gain access to substantial physical resources, including 300 square meters of dedicated office space and the invaluable opportunity to utilize Technion's sophisticated laboratories and research centers. This infrastructure access represents a significant advantage, allowing early-stage companies to leverage specialized equipment and facilities that would otherwise be prohibitively expensive. Additionally, startups benefit from Technion's extensive talent pool, creating pathways to recruit highly skilled graduates and collaborate with leading researchers in their respective fields.

Selected companies entering the accelerator program qualify for financial investment of up to $100,000 to fuel their initial growth phase. Beyond capital, the accelerator provides comprehensive operational support covering administrative functions, business management guidance, intellectual property strategy, tax planning, and other essential business services. This holistic approach to startup development has positioned Technion DRIVE as a premier technology accelerator in Israel's vibrant innovation ecosystem, with portfolio companies demonstrating impressive success in subsequent funding rounds and market penetration across multiple technology sectors.