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MaofTech-Beit Shemesh is a technology business accelerator that is ran by Cinnovate. It is a joint venture of the Ministry of Economy and Industry the Small and Medium Business Agency via its executive arm "Maof", and the Beit Shemesh municipality.
The program is for entrepreneurs who have an idea or a very early stage venture and their solution/product is a technological one. The program offers innovative professional tools for developing the project, guidance by experienced mentors, lectures, meetings with investors, workshops, business networking and a work complex. No percentages or equity is taken.