Intel Ignite Expands to Austin, Texas, and Munich, Germany

Tel Aviv, Israel, Sept. 14, 2020 – Intel announced today the launch of two additional Intel Ignite sites in Austin, Texas, and Munich, Germany, following its success in Tel Aviv, Israel. Intel Ignite is Intel’s startup growth program launched in 2019. This is the first stage of expansion that will establish the program in multiple cities throughout Europe, North America and Asia.

Intel Ignite is a 12-week program for 10 early-stage startups that will receive hands-on mentorship from Intel and world-leading experts. Participating companies will gain access to technology and business leaders, as well as the knowledge, network and association that come with being accepted into one of the world’s most challenging and competitive startup programs.

“Intel’s purpose is to create world-changing technologies that enrich the lives of every person on Earth,” said Intel CEO Bob Swan. “We launched Ignite in 2019 both to support early-stage companies on their journey to success and to provide Intel employees with an opportunity to advance our purpose. In its first year, the Ignite program’s achievements have far surpassed our expectations and because of its proven, strategic impact, we are expanding its reach.”

ignite team
A photo shows the Intel Ignite startup selection committee in Israel. In September 2020, Intel announced the launch of Intel Ignite sites in Austin, Texas, and Munich, Germany, following its success in Tel Aviv, Israel. (Credit: Intel Corporation)

The Intel Ignite team chose to establish programs in Austin and Munich because both cities are home to Intel sites with top-tier startup ecosystems featuring a high concentration of innovation, technology and talent. Intel Ignite has completed two successful cohorts in Israel representing startups from a range of industries, including artificial intelligence, cybersecurity and the internet of things, all areas where Intel can provide deep expertise and guidance — from engineering to manufacturing to marketing — as well as industry connections.

The program is currently accepting applications for the third cohort in Tel Aviv. The Ignite program in Munich and Austin will start in the first half of 2021. Munich’s applications will open in 2020’s fourth quarter to applicants from across Europe; Austin’s will open in 2021’s first quarter to applicants from across the U.S. All three programs will have a physical base at the center of their local startup ecosystem. The selection process and complete program will be delivered virtually while operating under pandemic guidelines.

Criteria for interested companies include a minimum of $1 million in funding (seed, series A), an experienced founding team, significant IP and a large market opportunity. Startups must be in the technology sector. Intel Ignite will not take equity from startups as part of this program. To apply, visit www.intel.com/ignite.

“Ignite was created to help startups realize their potential and to connect them with leading Intel experts. We are expanding the program to multiple countries so that we can work with a diverse array of startups tackling some of the world’s biggest challenges,” said Intel Ignite General Manager Tzahi (Zack) Weisfeld. “The startups we look for are fearless, pave new paths and are not afraid of taking bold steps. Intel employees engaging with the startups in Ignite are challenged to work more nimbly and creatively, and they gain perspective on how other companies and entrepreneurs operate, producing fast results and significant business outcomes.” For more information, visit www.intel.com/ignite.

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Intel Announces Program for Israeli Startups Targeting Tech Inflections

Intel Ignite Israel s
From Left: Tzahi (Zack) Weisfeld, general manager and managing director of Ignite; Avner Goren, Intel vice president in the Architecture, Graphics and Software Group; Bob Swan, Intel chief executive officer; and Yaniv Garty, general manager of Intel Israel; gather for a photo after the announcement of Intel’s Ignite program on Sunday, June 16, 2019, in Tel Aviv, Israel. (Credit: Ezra Levi)
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TEL AVIV, Israel, June 16, 2019 – Intel Corporation today announced a program to advance open innovation and accelerate early-stage startup companies in Israel targeting key industry inflection points, including artificial intelligence (AI), autonomous systems and other data-centric technologies and business models.

Based in Tel Aviv, the program called Ignite will leverage Intel’s global market access and business and technology leadership to provide early-stage startups with unique advantages on their paths to disrupt the future. Following a rigorous selection process, Intel will host 10 to 15 top pre-seed to seed startups through a 20-week program where they will receive hands-on mentorship from Intel and industry experts in a variety of product, business, management and technical areas. Intel is committed to accelerate their growth and scale their ideas for greater impact.

“Intel has always worked in concert with open ecosystems to scale new technologies so they can be transformational for our customers, business and society. This process is fueled by the innovation and passion of the startup community,” said Intel CEO Bob Swan. “Israel has the deep skill base in AI, autonomous systems and the underlying technologies critical to these inflections that make it a natural choice to launch our Ignite program.”

Intel Ignite Weisfeld 1
Tzahi (Zack) Weisfeld will serve as general manager and managing director of Ignite. (Credit: Aviram Valdman for Soda Creative)
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The Ignite program will begin operations in Israel this year, with plans to scale to additional countries over time. Diversity will be an important guiding principle of Ignite, with startups established, owned and run by different representatives of Israel’s diversified social mix. Intel has no plans to seek equity in or rights to intellectual property from these companies.

Tzahi (Zack) Weisfeld, former global head of Microsoft for Startups, will serve as general manager and managing director of Ignite, reporting to Yaniv Garty, general manager of Intel Israel. Weisfeld will be assisted by Avner Goren, Intel vice president in the Architecture, Graphics and Software Group, who will connect the Ignite program to the technical community inside Intel.

Of the Ignite program, Garty said: “As Israel’s largest high-tech company, we want to support the major technological changes emerging across our startup community. Ignite is an important step in this direction, focused on our efforts to transform the world through working on innovations in AI, autonomous, cyber and next-generation computing. With our advances in these areas, Intel is positioned to help companies charge forward. I’m confident that Intel’s unique expertise in hardware, software and manufacturing will help the startups grow and succeed. The fact that Intel is a large corporation with over 100,000 employees worldwide and very substantial Israeli presence (12,000 employees including subsidiary Mobileye) will greatly help the companies taking part in this program.”

The post Intel Announces Program for Israeli Startups Targeting Tech Inflections appeared first on Intel Newsroom.

Intel Announces Program for Israeli Startups Targeting Tech Inflections

Intel Ignite Israel s
From Left: Tzahi (Zack) Weisfeld, general manager and managing director of Ignite; Avner Goren, Intel vice president in the Architecture, Graphics and Software Group; Bob Swan, Intel chief executive officer; and Yaniv Garty, general manager of Intel Israel; gather for a photo after the announcement of Intel’s Ignite program on Sunday, June 16, 2019, in Tel Aviv, Israel. (Credit: Ezra Levi)
» Download full image
TEL AVIV, Israel, June 16, 2019 – Intel Corporation today announced a program to advance open innovation and accelerate early-stage startup companies in Israel targeting key industry inflection points, including artificial intelligence (AI), autonomous systems and other data-centric technologies and business models.

Based in Tel Aviv, the program called Ignite will leverage Intel’s global market access and business and technology leadership to provide early-stage startups with unique advantages on their paths to disrupt the future. Following a rigorous selection process, Intel will host 10 to 15 top pre-seed to seed startups through a 20-week program where they will receive hands-on mentorship from Intel and industry experts in a variety of product, business, management and technical areas. Intel is committed to accelerate their growth and scale their ideas for greater impact.

“Intel has always worked in concert with open ecosystems to scale new technologies so they can be transformational for our customers, business and society. This process is fueled by the innovation and passion of the startup community,” said Intel CEO Bob Swan. “Israel has the deep skill base in AI, autonomous systems and the underlying technologies critical to these inflections that make it a natural choice to launch our Ignite program.”

Intel Ignite Weisfeld 1
Tzahi (Zack) Weisfeld will serve as general manager and managing director of Ignite. (Credit: Aviram Valdman for Soda Creative)
» Download full image

The Ignite program will begin operations in Israel this year, with plans to scale to additional countries over time. Diversity will be an important guiding principle of Ignite, with startups established, owned and run by different representatives of Israel’s diversified social mix. Intel has no plans to seek equity in or rights to intellectual property from these companies.

Tzahi (Zack) Weisfeld, former global head of Microsoft for Startups, will serve as general manager and managing director of Ignite, reporting to Yaniv Garty, general manager of Intel Israel. Weisfeld will be assisted by Avner Goren, Intel vice president in the Architecture, Graphics and Software Group, who will connect the Ignite program to the technical community inside Intel.

Of the Ignite program, Garty said: “As Israel’s largest high-tech company, we want to support the major technological changes emerging across our startup community. Ignite is an important step in this direction, focused on our efforts to transform the world through working on innovations in AI, autonomous, cyber and next-generation computing. With our advances in these areas, Intel is positioned to help companies charge forward. I’m confident that Intel’s unique expertise in hardware, software and manufacturing will help the startups grow and succeed. The fact that Intel is a large corporation with over 100,000 employees worldwide and very substantial Israeli presence (12,000 employees including subsidiary Mobileye) will greatly help the companies taking part in this program.”

The post Intel Announces Program for Israeli Startups Targeting Tech Inflections appeared first on Intel Newsroom.