Merage Institute website

Entrepreneurs'
Competition

Competition date:
TBA

Last day to register: TBA

Registration is closed

Congratulations to our 2017
45+ competition & student winners

2017 Winners

45+ Competition Winners:

1. SensePD - Software company in the digital health market offering a solution for early diagnosis of autism. Raffi Rembrand, Kobie Cohen, Assaf Gur, Prof. Ditza Zachor, Prof. Doron Urbach, Dr. Michal Begin, Prof. Eitan Kimmel
2. MindsEye - Provides assistance in diagnosis and monitoring of ADHD and other mental disorders using Pupillometry Biomarkers. Ophir Atar, Anat Barnea, Boaz Brill, Sam Zatelman.
3. Append Medical - Developing a device to prevent stroke. Dr. Leonid Sternik, Oded Meiri, Zachi Berger.

TrekAce - a patented wearable tactile monitor, packed with applications and technologies, that transforms traditional forms of communication into intuitive tactile language. Ronen Gabbay, Eliaz Hashdi, Tamir Konortov, Nir Dafni.
Pension Compass - Online information system that provides customers actual monetary saving by constantly monitoring their status in reaction to changes in their working and personal life. Abrahan Zvi Barak, Gad Shavit, Orit Nir, Yitzhak Dvir.
cMeSafe - innovative autonomous personal safety solution that wholly independently identifies when a user is encountering a distressful situation and automatically calls for help. Dr. Gideon Meiry.

Student Winners:

1. SmartAir - personal device that predicts and prevents asthma attacks. Uriel Klar, Nimrod Partush
2. Fun42 - O2 enables better intimacy and sexual pleasure through technology and innovation. Hila Gadot, Naor Penso
3. Xenia - Intelligent design platform that automatically generates optimal store layouts in real time. Shmulik Bilgoray, Dr. Efi Fogel, Hila Goldenberg

TypeIt - a platform that teaches literacy, spelling and keyboard typing through a musical game experience. Asaf Fadida, Nave Ohana, Revital Hollander
Canvas Earth - Create and share digital art in augmented reality. Jonathan Ataria, Ori Shapira, Nitzan Hadar, Tal Avinari
Poney - Application built to manage children's pocket money using an app and a credit card. Ido Shechter, Itzik ben nun, Tal Cohen, Abed Zaitun
Billbear - Monitors bills, splits them between roomates, pays them automatically. Amir Fuerst, Ben Tlusty, Niv Pulver
Blind-Tech - Wearable system based on the sharp senses of the visually impaired. Omer Gohari, Or Gafni, Aviram Berg
Picolo - A smart and unique application which identifies everyone in a photo and is able to share it among them. Moshe Sar Idan, Yossi Saldof, Shaked Chaim, Amir Geller

We sincerely applaud each of you who took the time to submit your amazing ideas; the submissions exceeded all expectations. The idea of this competition was to stimulate the Entrepreneurial Spirit, regardless of age.
Because of all of you, the competition was a huge success!
We thank you.

Our vision

Helping and supporting entrepreneurs above the age of 45 to assess their next career step as productive members of the Israeli economy.

About the Competition

At a time when changes occur at a dizzying pace, the innovation and creativity of experienced men/women above the age of 45 may sometimes be overlooked. Highly skilled individuals may find it difficult to find stable employment. Many feel they are at a personal junction, trying to re-focus and plan their next step.

This competition is intended to encourage and support entrepreneurs over the age of 45 to develop unique ideas/projects/ventures/technologies into a promising successful business.

The competition provides:

  1. an initial supportive framework for the preparation of a business plan, and development of basic presentation skills
  2. personal mentorship for the final project to be conducted by our leading mentors.
  3. exposure to potential investors and clients.

The first prize: The winner shall be awarded with initial financing in the amount of $100,000 to take their Idea into a prototype, with the help and support of the highly experienced and motivated Merage Institute’s fellows, advisory board and business leaders in Israel and the United States.

Applicants are invited to submit proposals for innovative ventures, applied research, ideas for products, which have significant business potential.

Do you want to win 100,000? Press play.

The Competition Structure

The competition will hold a few stages as follows:
Stage 1 - Registration and Application submission (March 31st, 2017): At the end of this stage the board will select promising projects that will progress to the next stage. Read More

Stage 2 - Mandatory Workshops:a full day of workshops including 3 hours of basic business plan writing followed by a 3 hour session on an introduction to presentation skills. Read More

Stage 3 - Mentoring: A personal mentoring program will be offered to the top 10 projects that will be chosen by the Competition Board. At the end of the mentoring stage the Board will announce the 6 finalists that will compete on the first prize. Read More

Stage 4 - The Final Competition (During May 2015): The 6 finalists will present their project to a Board of Judges and to the audience (5 minutes presentation each), followed by Q&A with the judges.

The winner will be determined by the judges and audience (Merage Fellows, investors, advisors); the finalist with the highest score will win the first prize ($100,000 USD).

The competition day will include a full day program: an outstanding lecture by Professor Sasha Strauss on Branding, presentations of the 6 finalists and the selection of the winning project by judges and audience.

The prize will be presented to the winner by the chief scientist, and Mr. Paul Merage. Read More

Prizes

First Prize: $ 100,000 - (a) one hundred thousand US dollars to be used for the initial financing of the winning project according to the business plan.
(b) automatic acceptance into the prestigious Merage Institute Innovation Bridge Program in California (all expenses paid; flights are excluded). Read More

Second and third Prizes: automatic acceptance into the prestigious Merage Institute Innovation Bridge Program in California (all program related expenses in California are covered; flights are excluded). Read More

Admission Terms

1. Competitors age 45 and over - If a group of entrepreneurs is involved then at least one entrepreneur meets this condition.

2. The competing projects – joint venture/project/ applied research idea/ innovative technology has viable commercial potential.

3. The project has not been awarded financing in the past (whether self-financed or by a third party) in an amount exceeding $50,000 (fifty thousand US dollars).

4. Ownership of the project belongs to the competing entrepreneur/s (thus the competition is not suitable for employees of universities/ research institutes/ civil servants, etc. if the intellectual property of the project belongs to their employers). A declaration to this effect is to be made as part of the registration form.

5. Completion and filing of all the documents and terms of registration - For the registration documents - click here.
Read More

Advantages

First prize of the winner - $100,000 (to be used for the initial finance of the business plan).

The three projects receiving the highest scores will be granted with a right to participate in the prestigious Merage Innovation Bridge Business Leadership program in California (all program related expenses in California are covered flights are excluded).

A supportive framework for the preparation of a business plan with the participation of the best experts in the relevant fields and professional advisers.

Exposure of various projects both at the mentoring stage and on the competition day, to important entities such as the venture capital industry, investors, strategic partners, customers.

The competitors will participate in seminars and workshops provided by experts, with respect to commercial promotion of the projects and the preparation of a business plan. For the seminars - click here.

Register

Last date for registration: March 31st, 2017. Registration for the competition must be completed by this date.

Registration is closed

Congratulations to our 2016 1st place winner and 100k grand prize

iSilla – Movement for people with disabilities
Efrat Shenhod - Malihi, Gani Rami, Danny Shahaf, Dr. Iris Shichor & Dr. Lior Yizhaki

Isilla

Congratulations to our 6 finalists who did an outstanding job in the competition!

2nd Prize Winner / Shmuel Levin -  SonicBone - Bone Age - Ultrasound Device for Bone Age assessment
3rd Prize Winner / Kobi Olin, Danny Gelman, Boris Shvartsev & Prof. Yair Ein-Eli – Inensto - Aluminum Air Battery
Kathie Shefer & Anai Green – ClayPlay - Platform to create applications and games on touch screens
Roy Gurion, Mark Heifets, Alon Buchnik & Dr. Nava Shaked - Onvego - Voice and multi-modal control for app developers
Ravid Roif, Israel Weinereich & Naftali Geffen – SMBIDS - Fintech startup dealing with loans to SMBs based on transaction history
Meny Lev-Sagie, Ahinoam Lev-Sagie & Nimrod Lev - VagX - Point of care microscopy solution for inflammation of the vagina

We sincerely applaud each of you who took the time to submit your amazing ideas; the submissions exceeded all expectations. The idea of this competition was to stimulate the Entrepreneurial Spirit, regardless of age.
Because of all of you, the competition was a huge success!
We thank you.

Congratulations to our 2015 1st place winner and 100k grand prize

NiNiSpeech
Yair Shapira, Ofer Amir & Yoav Medan

NiNiSpeech

Congratulations to our 6 finalists who did an outstanding job in the competition!

2nd Prize Winner / Asa Ziv & Prof. Yoel Sasson -  HySAS – A new Hydrogen Energy Storage
3rd Prize Winner / Dr. Arthur Rabner, Dr. Moshe Ben-David & Michael Belkin – Glasses for AMD Macular Degeneration
Jacob Kaufmann & Serge Goldmann – 3D dental X-Ray imaging
Tal Ben-David & Assaf Harel - PeerSay - Disrupt the way businesses choose products
Shaie Shvartzberg & Mor Shvartzberg – Alto - Allows deaf people to feel and sense the joy of music
Shai Richter - MARPHOBIOS – Medical Auscultation by Remote Bio-Sensing

We sincerely applaud each of you who took the time to submit your amazing ideas; the submissions exceeded all expectations. The idea of this competition was to stimulate the Entrepreneurial Spirit, regardless of age.
Because of all of you, the competition was a huge success!
We thank you.

Congratulations to our 2014 1st place winner and 100k grand prize

OffLA
Dr. Nachshon Margaliot, Ori Einhorn & Yuval Raz

Offla

Congratulations to our 5 finalists who did an outstanding job in the competition!

2nd Prize Winner / Avi Balouka -  PV Optimizer
3rd Prize Winner / Dr. Yoel Arieli & Haim Engler– Progressive Lens
Mike Shaked – Urethral Tech
Dorit Deddi, Efrat Blaier & Ran Zfoni - MMUZE
Dr. Yossi Rosemberg, Mark Funt & Ori Bar-On – Myo

We sincerely applaud each of you who took the time to submit your amazing ideas; the submissions exceeded all expectations. The idea of this competition was to stimulate the Entrepreneurial Spirit, regardless of age.
Because of all of you, the competition was a huge success!
We thank you.

About the Merage Institute

Paul Merage

The Merage Institute’s vision is to promoting trade and bridging Innovation between US and Israel as a vehicle to economic growth in Israel and the United States.

The Institute accomplishes this through a number of innovative initiatives, including specialized Business Leadership Programs for industries that are innovation driven from Israel, where the Institute tries to bridge technologies, research, ideas that can leverage the US and Israel’s biggest advantage – Innovation and by bringing them closer to create economy growth for US and Israel and the rest of the world. At the same time the Institute exposes the US business community to Israeli start-up leaders and vice versa, aiming to strengthen and promote bonding, knowledge exchange and strategic collaborations between the two.

The flag activity, Innovation Bridge Business Leadership Program, consists of an intense two week immersion seminar (for about 20 entrepreneurs) which emphasizes effective approaches to marketing, negotiation, networking and sales strategies, finance, legal and procurement issues in the conduct of business with and within the United States. The program is offered completely with no charge of any kind.

The Institute has done this program since 2005. Today we hold 5 programs a year for Israeli start-ups executives from different industries such as life sciences, BioTech, Medical devices, Pharma, Hi-tech, HLS, NewMedia and Clean Tech. for more information www.merageinstitute.org