Brain Research Networks Launched

The “Brainnovations” Launchpad and “Braingels” Angels Investor Network were launched by Israel Brain Technologies (IBT) at their BrainTech 2015 Conference in Tel Aviv on March 12. The goal of both Brainnovations and Braingels is to promote and facilitate the creation of startups in the brain technology arena and to turn Israel’s neurotech startup ecosystem into a world-leading hub of innovation.

The Brainnovations Launchpad offers promising ideas and early-stage startups in the braintech arena, a four month focused educational program that includes a series of lectures and workshops in key areas of entrepreneurship, mentoring by industry leaders and neuro-experts. Participating projects will gain access to IBT’s international network of senior industry executives and investors, and will be supported with team and board recruitment. The program will culminate with a demo day in the presence of private and corporate investors.

Braingels is an international network of angel investors with interest in early stage investment in braintech startup. IBT will manage Braingels – providing deal flow sourcing, due diligence, and investment support.

“With the creation of the Brainnovations Launchpadand Braingels Network, IBT has taken the next step in turning the ‘Startup Nation’ into the ‘Brain Nation,’” said Dr. Rafi Gidron, Founder and Chairman of IBT. “We are creating the ideal environment for taking great neurotech ideas all the way from idea to market. From tackling brain-related ailments worldwide to creating the next big thing in brain-inspired computing, this is where we put our minds together, this is where it all begins.”

“Brain technology is the next great frontier with the potential to find solutions for some of the world’s most pressing brain-related health issues such as Alzheimer’s, depression and ADHD,” said Miri Polachek, Executive Director of IBT. “In order to take these ailments “head on,” we need both research as well as industry. That’s why IBT is so committed to both, and that is why Brainnovations and Braingels will be so crucial to creating the brain technology innovations of the future.”

photo: President Shimon Peres, Founder and Chairman of IBT Rafi Gidron

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