The Israeli Innovation Authority’s emergency fund will receive supplementary help from Google, which has announced the establishment of a $4 million support fund for AI-Firms in Israel.
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Created as a fast-track route for firms with limited runway, the fund was established when the war with Hamas broke out. The fund will assist about twenty Israeli entrepreneurs in need of quick finance in order to optimize their success.
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Google will provide the chosen businesses not just financial help but also mentorship and support, giving them access to the company’s specialists in a range of areas, including development, strategy, marketing, and more.
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