StartUP Philanthropy
Innovative philanthropy PBC
to support the Israeli hi-tech sector
The hi tech sector is the essential engine of the Israeli economy growth and a substantial part of Israel’s resilience. iSUP ISRAEL - combines broad knowledge of the Jewish philanthropy world and close collaboration with world class Funds and experts in Israeli startups’ ecosystem.
2011 - 2021 - The Golden Age of Israeli hi tech. There is a multi dimensional contribution of the hi-tech sector to the state of Israel. The hi tech sector is a key part of national resilience. The hi tech sector is the main growth engine of Israeli economy. The main source of investments in Israeli hi tech derives from the business sector.
2021: The peak of Israel's hi tech golden age
240
Billion ILS
The hi tech sector’s direct contribution to the GDP in 2021 (~16% of the GDP)
45%
Growth
Between 2017-2021, 45% of GDP growth in Israel originated in the hi tech sector
50-60
Billion ILS
State revenue from the taxation of the hi tech sector: ~34% of employee income tax, and ~65% of total individual taxes
310-360
Billion ILS
hi tech's total contribution to the GDP, including indirect contributions
67
Billion USD
hi tech exports: ~54% of total exports from Israel
The last
two years
2022: A Year of Reduction
40% reduction in investments during 2022 mostly related to macroeconomic effects of high inflation and high interest rates
2023: A Year of Crisis
local political instability, exacerbated by the Iron Swords war, turned 2023 into a crisis year for the Israeli hi tech industry . Consequently, venture capital investment amounted to $7.3 billion, marking a roughly 60% decrease as compared to 2022
The future Monday, Mobileye, Lemonade and Waze of today are forced to shut down or won’t even be founded (in Israel)
2024 is A Pivotal Year
for Israeli hi-tech
The Solution and Vision
Strengthening Israeli economy using an innovative alternative approach clearing a new path for donations to Israel directed to the Israeli hi tech sector to enable the continuity of new startups.
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iSUP ISRAEL raises donations only
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Donations will be granted to Israeli registered and operational based startups
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Focusing on enterprises with technologies which contribute to the worldwide well being
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Investment range per startup 100K – 500K USD
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Investments in phases pre-seed to A
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Startups will allocate up to 2% equity to - iSUP ISRAEL - to allow future self sustainable operations and as a source for donations to new startups in the future
Strategic Advantages Meaningful Impact
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Pioneering in establishing private philanthropy PBC dedicated to supporting the Israeli startups
the major engine of Israeli economy -
Access to the Israeli startups’ ecosystem
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High net worth and strong collaboration
Founder Ronen Marom
Ronen served as CFO in various companies for almost 30 years and as a professional director for 20 years. In his last position Ronen served 11 years as the CFO of Keren Hayesod, an Israeli national organization that raises funds from Jewish communities around the world for the benefit of the state of Israel, where he has acquired a broad knowledge of the Jewish philanthropy world around the globe.