CanNegev Overview
CanNegev is an incubator for entrepreneurs and startups in the field of medical cannabis. Its startup program will include startup companies with medical cannabis-related innovations in the field of biotech, pharma, agtech, cleantech and foodtech. CanNegev offers financial and professional support along with the right mentoring and guidance that includes medical cannabis laboratories and supportive working environment to grow a company in the most optimal way with the highest likelihood for success. CanNegev is backed by the Israel Innovation Authority (IIA), Padagis Pharmaceuticals Israel, BOL Pharma, and OurCrowd. CanNegev's vision is to transform Yeruham and the Negev into a center of knowledge, research, development, and technological innovation for any medical cannabis-related innovatives.
Latest News
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Dronegev2022 - CanNegev
CanNegev, a technological innovation incubator, is hosting an event called DroNegev in Yeruham. The event aims to bring together startups, entrepreneurs, investors, and other stakeholders in the unmanned tech industry. The main focus of the event is an Innovation Competition, featuring tracks on innovations for drones and UAVs, developing energy resources and extending dwell times, developing autonomous flight and operation capabilities, improving safety and reliability, and suggesting new applications. The event also includes a hackathon and startup pitches. CanNegev and its partners offer investments in innovative early-stage UAV ideas and startups developed in the Negev. The event provides opportunities for networking and access to experts in the UAV industry.
PartnersInvestment
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"החממה היא מנוע צמיחה אדיר לחברות בתחום שיכו שורשים בירוחם"
Kangab, a new technological incubator for medical cannabis startups in Israel, has been launched in Yeruham. The incubator will provide funding for the first year to each company that is accepted, with an option for an additional year and doubling of the funding. The incubator is supported by various business and philanthropic entities, including OurCrowd, Perrigo, and the Miraz Fund. The launch event included a panel discussing the opportunities for the Israeli cannabis industry in the global market.
InvestmentExpand
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Israel opens one-of-a-kind medical cannabis tech incubator
CanNegev, the worlds first government-sponsored medical cannabis technology incubator, will open in Yeruham, Israel. Over a period of five years, 30 startup companies with breakthrough technology in the medical cannabis field will be admitted into the incubator. The incubator is operated by a consortium consisting of OurCrowd, Perrigo, and BOL Pharma, with an investment of approximately ₪150 million ($43 million) planned. The Israel Innovation Authority (IIA) will also open tech incubators for Industry 4.0, plastics, cleantech, and agtech in the north and south regions of Israel. The three new incubators are expected to promote the establishment of 130 startups with a budget of up to ₪1 million ($30 million) per startup.
InvestmentPartners
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An Incubator For Cannabis Startups That - Get This - Is Government Sponsored Is Setting Up Shop in Israel's Negev Desert
The Israeli government is sponsoring CanNegev, the worlds first government-supported cannabis incubator. The incubator, located in Yerucham, Israel, will focus on medical cannabis research and development. Each of the six initial startups at CanNegev will receive a non-diluted loan of 85 percent and up to NIS 1 million for R&D costs for a year. The remaining 15 percent will be covered by major investors OurCrowd, BOL Pharma, and Perrigo, with a combined total future investment estimated to be NIS 130 million. The incubator aims to attract startups in various categories related to medical cannabis, such as biotech, cosmetics, and textiles. The government will provide support for the incubator for five years, with a possible three-year extension.
InvestmentPartners
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Israel to get first state-sponsored medical marijuana startup incubator
The Israel Innovation Authority has announced the establishment of three new high-tech incubators, including the worlds first state-sponsored incubator dedicated to medical marijuana startups. CanNegev, managed by OurCrowd, Perrigo, and BOL Pharma, will focus on breakthrough technology in medical cannabis. The authority plans to invest 150 million shekels ($43.2 million) in operating the incubator. The other two incubators, I 4 Valley and the one near Rahat, will focus on Industry 4.0 technologies and cleantech/agrictech/advanced industry, respectively. The incubators will receive grants and subsidies from the IIA. The announcement is expected to have a positive impact on the Israel Innovation Authoritys growth.
InvestmentPartners
Team Members
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Web & Social Links
| Website | cannegev.com/ |
Locations
Yeruham, Israel
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