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This was revealed at an emergency conference held recently in the Innovation Quarter in Beer Sheva, with the CEO of the Innovation Authority and representatives of the southern ecosystem, including InGev, Kangav, and Pinsky, which are working to establish southern high-tech companies. The Innovation Authority, in collaboration with the Ministry of Finance, has opened a dedicated budget of NIS 400 million to be allocated in fast processes for initiatives that apply and are found eligible for this rapid support. The goal is to strengthen and enable the high-tech industry to end the state of war when it is ready for a leap and strengthen the economic sector in Israel and especially in the south.","partners":"Innovation Authority, Ministry of Finance","customers":"N/A","investors":"Innovation Authority, Ministry of Finance","confidence":9,"key_topics":"Investment, Crisis, Management Changes, Innovation, Startups","date_of_event":"November 7, 2023","valuation_amount":"N/A","impact_on_company":"growth-negative","investment_amount":"400 million NIS","structured_issues":"Investment, Management Changes","acquisition_amount":"N/A","structuredIssuesShow":"#Investment, Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"u3brqPHhU1RVk24mbCTF05HSaleUsoeHi9AEG3vS6a0O5yoGHiA0GQ","news_summary":"כלכלת הנגב והסטארטאפים בדרום במשבר קיומי","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"KMIgMD2KVzKBl5jCjN8tNO4wl5Wq8Oh8pHYnhCD3IzKHebS2mhkcaV","date":"Nov 6, 2023","link":"https://www.ice.co.il/digital-140/news/article/987117","source":"www.ice.co.il","visible":1,"analysis":{"tags":"Crisis, Lack of Investments","company":"Synergy7, InNegev, Miras Fund","layoffs":"N/A","summary":"The Israeli startup community, particularly in the south, is facing a crisis due to the war, lack of investments, and widespread military recruitment. An emergency meeting was held in Beer Sheva with representatives from the Innovation Authority and the Israeli Space Agency. The main concern is that many will return from the military and either have no livelihood or their startup will no longer exist. The Innovation Authority has developed a fast track for financial aid, with a dedicated budget of 400 million NIS. The aid will be allocated quickly to eligible initiatives.","partners":"Innovation Authority, Israeli Space Agency","customers":"N/A","investors":"Innovation Authority, Israeli Space Agency","confidence":8,"key_topics":["Startup Crisis","Lack of Investments","Military Recruitment","Emergency Meeting","Financial Aid"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-negative","investment_amount":"400 million NIS","structured_issues":"Investment, Management Changes","acquisition_amount":"N/A","structuredIssuesShow":"#Investment, Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"PZxC4oFsrQh5qBHzV0Lc2T1rz6Jv57AEAPaWSvLL6QRHkm5rVHJt6J","news_summary":"משבר קיומי בקהילת הסטארטאפ: \"הדרום סובל בסדרי גודל אחרים\"","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"FZj0OO937xPqcQ46H55By2pbhtv7t14ypmdJR7eWwNQiI0WFgUAXBk","date":"Aug 9, 2023","link":"https://bit.ly/3KvbIQs","source":"bit.ly","visible":1,"analysis":{"tags":"Investment, Partners, Expand","company":"Synergy 7","layoffs":"N/A","summary":"Synergy 7, a company established to develop Beersheva and the Negev region, is working on a large-scale project costing NIS 30 million. The project aims to create a unique ecosystem in the high-tech park in the north of the city, providing a broad infrastructure for urban development and attracting technology companies, startups, and entrepreneurs. The project is funded by the Innovation Authority and includes partners such as Ben Gurion University, Soroka University Medical Center, Elbit Systems, Mirage Israel Foundation, and Dell Technologies Global Development Center.","partners":["Ben Gurion University","Soroka University Medical Center","Elbit Systems","Mirage Israel Foundation","Dell Technologies Global Development Center"],"customers":"N/A","investors":"Innovation Authority","confidence":8,"key_topics":["Innovation","High-tech industry","Startups","Urban development","Technology"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"NIS 30 million","structured_issues":["Investment","Partners","Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Investment  #Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"z3GA5MlUEct1T6aWd5kZsoJvEWf7vUFJuHgkdXPYkY4gKHQgCSv9l5","news_summary":"Technological synergy for the Negev","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"}],"timeline":[],"techcommunityinvolvement":null,"affiliatedOrganizations":null,"tags":["cyber-security","e-health","digital-healthcare","biotechnology","robotics","healthcare"],"investmentstage":[],"exits":[],"investments":[],"portfolio":[],"funds":[],"founded":"5/2023","contributors":[],"employeesworldwide":"","fundingtype":"General","parsedName":"Synergy7","logourl":"https://storage.googleapis.com/clean-finder-353810/$sJs9wcfdL04qDmlfJwaTqwNJJYaZfAcULXg5c4ZQ3V4JSOOFqO6xGk","oglogourl":"https://storage.googleapis.com/clean-finder-353810/$sJs9wcfdL04qDmlfJwaTqwNJJYaZfAcULXg5c4ZQ3V4JSOOFqO6xGk","teamMembersNumber":5,"foundingorganization":[{"id":"6X7Y0hbVXgOoCatBMCrPdB7XGdhGrshJjnh7ME2a8LArBO6WIKCC1r","code":1,"name":"Dell Technologies","type":"Multinational","hidden":false,"logokey":"$aqWN6MJovx5mW6gTw7EqXqAHhK8VgwX4U1SFEAs5xMBVOrq9lCW1fQ","urlname":"/mnc_page/dell-technologies","supporterEntityId":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgIfRsdQIDA","logourl":"https://storage.googleapis.com/clean-finder-353810/$aqWN6MJovx5mW6gTw7EqXqAHhK8VgwX4U1SFEAs5xMBVOrq9lCW1fQ"},{"id":"mRYEerSIHJ2d0ZfZ1lmQXfr1USp5sfHhixRluPPAon8pe2S7R35jfu","code":1,"name":"Elbit Systems","type":"Startup","hidden":false,"logokey":"$pYgP8lA7FNfTapARW0apkHH0gHlmjp4Kzk8hKtc6RQNEEsHE26T5x3","urlname":"/company_page/elbit-systems","supporterEntityId":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6uzZkLDA","logourl":"https://storage.googleapis.com/clean-finder-353810/$pYgP8lA7FNfTapARW0apkHH0gHlmjp4Kzk8hKtc6RQNEEsHE26T5x3"}],"countributor":[],"nationality":"Israeli","communityinvolvement":[],"officespacesstr":"NO","popup_claim_profile":"false","claimedBadge":"none","display":{"mainContact":"none"},"mainContact":{}}