Haredi Hitech Forum is an incubator for Haredi (ultra-orthodox) entrepreneurs, with a social model that provides a working environment in Bnei-Brak. The program offers technological backing and legal, financial, and marketing consulting to high-tech start-ups until the entrepreneurs are able to establish their own successful companies.
The incubator supports entrepreneurs for two years in order to helpthem attain success by all available means including fundraising. The incubator has a few cycles peryear, with 10 teams in each cycle.
Those accepted into Haredi Hitech Forum go through three stages: entrepreneurship, in which participants undergo an intense, mentor-led course in preparation for initial funding; acceleration, in which those who have obtained funding work on their proof of concept while developing an additional work plan for more substantial funding; and R&D, in which those who have obtained R&D funding complete the development of their products.