Israel’s Innovation Authority (IIA) has selected eight proposals (from 40 bids) for organizations to manage schemes whereby members can invest in early-stage startups seeking funding. Each club will receive NIS 900,000 per year for a 3-year period. Originally only 3 clubs were planned (see here).
https://nocamels.com/2024/06/iia-unveils-new-angel-clubs-to-support-early-stage-startups/