The OpenValley chain promotes and nurtures entrepreneurship and innovation through its unique model for supporting, promoting, and nurturing startup companies.
Over the last few years, the chain business model has evolved rapidly, fostering a continuous dialogue between startups and established industrial firms. The OpenValley mission is to maximize the real potential of any commercial or technological idea by distributing knowledge, resources, and professional guidance, in addition to exposing those companies to funding and investment sources.
Strategically located on the outskirts of central cities, OpenValley maintains a vibrant entrepreneurial ecosystem to drive innovation and entrepreneurship in disadvantaged locations. By establishing entrepreneurship complexes, based on the Co-Working Space model, the chain ensures a rewarding working experience, combining inspiring workspaces with valuable connections to various organizations and companies in Israel, and worldwide. This in turn accelerates the growth of participating startups.
Even though the Israeli high-tech and entrepreneurship industries have grown at extraordinary rates, OpenValley stands out for its unique characteristics, such as a dedicated governing environment, the requirement of collaboration among different stakeholders, and the availability of funding opportunities.
OpenValley differentiates itself by providing a wide range of tools, knowledge, and experience that can be customized to fit the specific needs of each company, enterprise, or project. The chain represents the faith and desire of influential business figures to invest, promote, and develop Israel's entire economy. It was created by Yossi Akerman, former CEO and President of Elbit Systems, and Ofir Dubovi, an entrepreneur and serial investor in startups. Together, they aim to maintain the company's global leadership in technological and innovative activities.