Fifty-three startups founded by Haredi entrepreneurs in BizLabs have raised more than $62 million since 2019, and half are already operating in international markets.
93% of participating companies were still active one year after the mentorship, a sharp turnaround from research that found 94% of Haredi-led startups with initial funding had shut within a year.
The seventh cohort added eight entrepreneurs building ventures in AI, digital health, fintech, e-commerce and business software, then pitching investors and senior Israeli tech figures at the program’s closing event.
BizLabs, run by the Kemach Foundation, Jerusalem Development Authority and Achim Global, was launched in 2019 to help early-stage founders build companies, scale operations, find investors and professionalize execution.