Israel Active

Canada’s Leaders Fund is donating $50+ million to Israeli aid organizations. Salesforce - $3m; Disney - $2m; Paramount - $1m; Insight Partners - $1m; General Catalyst - $0.25m; Cisco is paying NIS 9k to each Israeli employee and NIS 19k to IDF reservists. Oracle is matching global employees’ donations.

Israel has increased the budget of the Innovation Authority's Fast-Track program by a factor of four, from NIS 100 million to NIS 400 million. It will provide vital support to startups facing financial difficulties because of the ongoing hostilities.

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Positive messages from Jon Medved, CEO of Israel’s OurCrowd, and Economist Amir Kahanovich who predict Israel’s resilience will ensure that it will recover from adversity and grow even stronger. Medved also calls on everyone to combat misinformation, support Israel, and work for a better future.

Israel’s Central bank is to freeze mortgage and loan re-payments to Israeli citizens for 3 months to provide financial relief and ease cash flow crunch during the war.

This article describes some of the Jewish and non-Jewish organizations who are raising funds to support victims of Hamas terrorism and their families. They include Israel Bonds, Victims of Terror, UJA, JNF-USA, synagogues, Christians United 4 Israel, and even Tieks shoes.

Israel’s Tipalti (see previously) has raised and donated 2.5 million shekels in humanitarian relief. The Israeli Children’s Fund (ICF)is giving $100,000 to each child who has lost a parent. Over 200 Venture Capital funds have signed a letter of support for Israel.

On the 3rd anniversary of the Abraham Accords, this article describes the success of the Dubai Multi Commodities Centre (DMCC) and its success at providing Israeli entrepreneurs with a platform to explore new markets and foster cross-cultural partnerships.

Many organizations have been raising and distributing money to support Israel financially. They include the Jewish Federations’ $500 million campaign. Financial giant Jefferies raised $13 million for victims of the attacks. And Safe Dome - an emergency fund for Israeli startups.

The smart tracking system for elderly at risk from Israel’s Essence SmartCare (see previously) is now available to over 12.7 million UK seniors. The solution has been used by city councils in Liverpool, Essex, Dorset, Devon, and the London Borough of Barking & Dagenham.