Yerushalayim Launches Accelerator for Charedi Entrepreneurs

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Yerushalayim, in collaboration with the Israeli Ministry of Economy, has earlier this week launched an accelerator program for charedi entrepreneurs looking to establish startup companies.

The goal of the six-month program is to bring projects from inception to fruition as operational startup companies. Twelve projects, five of which are led by women, were chosen for the program and will receive professional, technological, and business-oriented mentorship, assistance in finding funding opportunities, and help in establishing a professional network, according to a statement released by the city of Yerushalayim Monday.

Among the selected projects are ByTheWay, a language-learning platform, ShipApp, a delivery fleet management tool that allows delivery companies to collaborate using mutual resources, and Mikveh Online, a tool for managing reservations to mikveh.

Israel’s tech industry has been suffering from an acute talent crunch for the past few years. As it becomes increasingly difficult for the local industry to recruit new employees and maintain their current staff, some set their eyes on the currently untapped charedi population.

According to a study published in 2017 by the Israeli Ministry of Finance, charedi men and women take up only 0.7 percent of technology jobs with above median wages in Israel. They are generally excluded from the country’s lucrative tech industry, partially due to a focus on religious studies among many Haredi men as well as social and cultural restrictions on the employment of men and women.

Amounting to 11 percent of Israel’s population as of 2018, the charedi population is expected to account for 32 percent of the population by 2065, according to data from Israel’s Central Bureau of Statistics.

Tofi Stoler / CTech

{Matzav.com}

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