The NSW Government has revealed the ten cybersecurity and fintech startups that will be heading to the Austrade Landing Pad located in Tel Aviv for a 10 day bootcamp.
With the program targeting startups that are ready to take their product global, each selected team will have the opportunity to immerse themselves in Israel’s expansive startup sector, by meeting with local mentors and successful businesses across the fintech and cybersecurity industries.
The participants will attend Israel’s DLD Tel Aviv, the largest international innovation event held in the nation, where they’ll be given the chance to meet startups from across the globe.
Announced earlier this year, the program emerged as a result of the Agreement on Bilateral Cooperations in R&D, an initiative which saw the NSW and Israeli governments invest $2 million into cooperative startup and innovation projects.
Supported under the terms of the agreement, selected teams will be granted the opportunity to explore potential commercialisation partnerships revealed during the period of the accelerator.
Describing the application process as “competitive”, Minister for Innovation Matt Kean said the government had selected some “incredible” talent from NSW’s cybersecurity and fintech sector.
Sourcing diverse teams from across the spectrum, startups accepted into the program include FARMpay, a platform securely connecting farmers, traders and buyers, as well as Goodments, an investment app matching users to companies based on their personal environment, social and ethical values.
The full list of selected startups is below:
A data integration tool allowing businesses to connect multiple systems, such as application programming interfaces (API’s), to their platform without a single line of code.
An investment app matching users to companies based on their personal environment, social and ethical values.
With their flagship solution ‘PingReceipt’, the business is able to link purchases, offers and loyalty program offerings to a customer’s bank card, eliminating the need for physical receipts.
An online data and payments platform helping medium sized businesses manage foreign exchange risk, ultimately reducing the cost of making international payments.
The First Rung app a helps users reach their saving goals faster by gamifying the experience of saving money.
An online platform looking to streamline and drastically speed up the process of uploading and accessing documents.
A blockchain-ready supply chain management platform allowing farmers, traders and buyers to securely make payments and access data.
Working in the cybersecurity space, Ditno network security products help protect a business’s assets online.
Designed for the business-to-business market, Audaemus allows companies to place their business impact analysis data on a secure open market.
The startup supplies a personalised, prepaid eftpos card designed for kids. The card can be topped up through an app, as well as ‘locked’ and monitored by parents.
Image: Tel Aviv 2016 cohort. Source: Supplied.