AOL to invest in Israeli start-ups

class="mandelbrot_refrag">AOL Inc said on Sunday it is starting a programme in class="mandelbrot_refrag">Israel to assist start-ups, and that it will invest at least $100,000 in as many as 10 projects at a time.

_0">

The Internet giant already has a development centre in class="mandelbrot_refrag">Israel, and its new project, called Nautilus, is meant to give "maximum freedom to entrepreneurs" and "grant them access to all the class="mandelbrot_refrag">tools and connections of a global company", said Hanan Laschover, chief executive of class="mandelbrot_refrag">AOL Israel.

AOL will escort each start-up, which will be chosen from a variety of fields that are connected to its global activities, for a period of a year, the company said.

The first investment will be in Take&Make, AOL said in a statement, a start-up that has developed a platform for "do-it-yourself" videos. (Reporting by Ari Rabinovitch)

 
 
 

Popular posts from this blog

Study Abroad USA, College of Charleston, Popular Courses, Alumni

Edinburgh Napier University Admission Process

It's 'baa'... not 'bark'! Lamo the sheep is so convinced he's a dog