Just a year and the Vision has become a Reality
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The Greenegev vision is a reality!
Within a year, we established a technological incubator with expected investments of over 160M NIS and partnerships with leading international companies; we promoted the marketing of agricultural incubators integrated within industrial areas; approved land for industrial plants with the Ministry of Economic Affairs; established an academic training partnership and will soon conduct local and international efforts for recruiting young entrepreneurs to a unique accelerator.
To me, this was a lesson in leadership. Yeruham will gain from a regenerating economy that aims to introduce
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innovations to the rapidly growing opportunities within the global medical cannabis and pharma industries. If you are looking for a place to grow, I welcome you to realize your dreams in Yeruham.
I wish to thank Eli Cohen, Former Minister of Economic affairs; Ido Sofer, Ministry of Finance Economics Coordinator; the professional teams at the Innovation Authority, Investment Authority, Israel Land Authority and Ministry of Agriculture.
Thank you to Yuval Landschaft, the visionary behind the project.
Special thanks to Sharon Kochan, VP Rx Pharmaceuticals at Perrigo for his faith and Zionism.
Thank you to the Ness Fund, enabling us to accelerate.
Always at your service,
Tal Ohana
Yeruham Mayor
+972-50-440-8806
tal@ylc.org.il
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Cannegev began operating, offering a 1.2M NIS framework to cannabis entrepreneurs in Yeruham
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The Cannegev incubator recently opened in the cannabinoid ecosystem in Yeruham has issued an RFP for entrepreneurs, startups and companies offering cannabis innovations, offering support of up to 1.25M NIS.
Under the RFP, entrepreneurs with technological innovations related to medical cannabis from the biotech, pharma, aggrotech, cleantech and foodtech sectors, are urged to contact Cannegev to present their venture.
The incubator, on its part, offers a financial and professional framework, as well as accompaniment and guidance for the ventures and companies that operate within it. Financially, the budget is 1-1.25M NIS for company activities during the first year, in addition to services, support and resources in kind provided by the incubator and the companies involved in its operation.
Playing in the Big League
The incubator’s three partners will invest of their experience and connections and offer support for the various activities. The partners are:
BOL Pharma: Israel’s largest medical cannabis companies and a global leader in the cultivation, production and development of medical cannabis drugs, complying with the strictest standards.
Perrigo: Fifth largest drug and health product company in the world, operating an R&D center in Yerucham that comprises a global center of excellence in the field of prescription drugs alongside advanced industry.
OurCrowd: The world’s leading crowdfunding platform with over 50,000 accredited investors and commitments of over $1.4B. Ranked as the most active fund in Israel for the second year running.
The incubator staff, led by CEO Israel Birnbaum, holds extensive experience with managing biotech, aggrotech and medical cannabis startup companies. The staff will accompany the incubator initiatives in all areas of operation and the partners will help with devising a strategy, preparing a business model and even with recruiting personnel. They will be joined by additional experts who will advise the entrepreneurs and help them with the investment application to the Innovation authority.
Several issues will be evaluated when considering a venture for the incubator including, inter alia: innovativeness, intellectual property, proof of concept, the need for the product, market size, competition, regulation, the entrepreneurs themselves and the strategic fit to the incubator.
For information, contact the incubator CEO Israel Birnbaum at +972-54-619-9332, israel135@bezeqint.net
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Bio-Tech Park – Advanced approval stages within less than a year
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The vision is taking form: The Ministry of Economic Affairs is currently completing the formalities toward approving the establishment of a factory for processing, producing, marketing and exporting advanced cannabis products at the Biotech and Pharma Park in Yeruham.
It will be the first entrepreneur and factor admitted to the park. The factory, intended to begin operating in the upcoming
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months, will cover ~6,000m² and employ dozens.
The factory’s entrepreneur, MTB Measurements and Photogrammetry (2001) Ltd., owned by Mr. Avi Goldreich, holds extensive experience growing medical cannabis and producing advanced cannabis products in Spain, including medical cannabis oils, and selling the products to the Canadian Health Department.
“The company’s vision is to develop the broadest possible cannabis oil based product offering, providing the highest quality at affordable prices”, said Goldreich. “The factory in Yeruham will create quality employment opportunities for the residents, working at one of the most technologically advanced plants in the field.
Concurrently, there is another serious and promising process underway with another entrepreneur who seeks to establish a factory for advanced cannabis products using a variety of innovative and unique technologies. This factor will cover a constructed area of ~10,000m² and is also expected to employ dozens. In additions, Israel’s first vaccine factory is planned to go up in Yeruham and is currently in advanced stages of technology seeking efforts.
The Biotech and Pharma Park in Yeruham is a new park of ~32 dunams, with the potential of further expansion. The park is part of the cannabinoid ecosystem that will combine biotech and pharma industries and operate alongside advanced labs and R&D institutes. The vision is to create a symbiosis between ecosystem companies and the development and production of innovative and unique biotech and pharma products to be marketed around the world.
Entrepreneurs who wish to join the park are welcome to contact Meir Shimko at +972-52-521-5293, olimdaroma@gmail.com
Another recent initiative subject of development and fundraising is the Biotech production institute that will enable startups in the field to develop pilots in Israel, without investing in labs and advanced equipment.
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Incubator marketing has begun: Cannabis entrepreneurs will be able to submit offers to the ILA in October
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As part of the rezoning processes for the cannabinoid ecosystem in Yeruham, three lots of dozens of acres will be marketed toward establishing medical cannabis growing and cultivation incubators. The forecast is that cannabis entrepreneurs will be able to submit their bids in October this year.
The incubator center, adjacent to the R&D and production facilities, presents marketing potential of ~800 dunams for plant growing and cultivation of which ~100 dunams will be initially marketed.
Marketing is possible thanks to the rezoning resolutions reached by the Yeruham Local Planning Committee and lot planning and cost calculations will commence within the next few weeks, after which the Israel Land Authority will market the lots.
The plan was already approved by the local committee and is now being published under the plan deposit (60 days). The plan can be approved in September 2020 after which marketing will be commenced.
“The entrepreneurs winning the lots will join the entrepreneurs and factories that have already begun construction”, says Amnon Cohen, Yeruham Economic Development Company. “This is a great opportunity for growers, new entrepreneurs and existing companies to join in the success”.
Another 500 dunams are in the process of UCP rezoning, enabling entrepreneurs interested in combined industrial and agricultural land to obtain subsidized land. It is a unique compound, planned according to government regulations and cannabis production processes.
A lab structure and visitor's center is also planned for the compound.
For further details, contact Amnon Cohen at +972-53-795-5809, amnonc@ylc.org.il
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New initiative in Yeruham: Academic center for medical cannabis vocations
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The cornerstone for the academic center for medical cannabis vocations – Cann-Academy – will soon be set, in cooperation with the Sapir Academic College. The Center’s entrepreneur, Boaz Albo, is working with the local council under the idea that any good and quality industry begins with quality professionals who undergo the best theoretical training and practical tools to perform their jobs.
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“My vision for the center emphasizes the multidisciplinary diversification characterizing the medical cannabis industry with its agriculture, nature, science, technology, medical and other inputs”, says Albo who is also Head of the Center for Clinical Trials with Medical Cannabis at the Sheba-Tel HaShomer Medical Center and former Head of Quality, R&D and Professional Training at the Ministry of Health Medical Cannabis Unit.
“We will combine all of these worlds of content into one unique and innovative world”, Albo added. “We aim to provide all students with a broad perspective of the industry, while providing them with the professional tools taken from these fields”.
The center will offer courses and vocational training programs relating to quality, security, supply chain and logistics, R&D and international trading. The courses will be adapted to the medical cannabis industry in the spirit of the medicalization reform and under the blessing of the Medical Cannabis Unit. Studies will enable us to train the graduates as experts in the field and to offer opportunities for integrating and working within the medical cannabis in Israel.
“I welcome you to follow the opening of the training activities at the center”, Albo concluded.
Contact Boaz Albo at Boazalbo@gmail.com
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The government has decided to hold the Second Official Cannabis Conference in Yeruham
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Following last year’s success, we are proud to announce that the Second CANNAAN Conference is underway and it will take place in Yeruham in April 2021. The international conference will address scientific updates, medicine, regulation, agriculture, hi-tech and social shifts on medical or cosmetic cannabis, enabling the new entrepreneurs and industry veterans to get to know each other and join forces to establish joint initiatives.
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Hundreds of entrepreneurs, investors, companies and regulators who wish to develop the field in Israel took part in the first conference, which was held in Tel Aviv.
The 2nd CANNAAN Conference is scientifically directed by the Agricultural Research Administration, Volcani Institute, together with the Ministry of Health Medical Cannabis Unit. It is expected to attract hundreds – scientists, doctors, cannabis growers and commercial companies from Israel and abroad.
The conference will take place over two days with lectures, roundtable discussions, panels and individual networking sessions scheduled in advance. The conference will also introduce a professional exhibition based on professional and commercial factors within the medical cannabis industry. The Council states that conducting the Second CANNAAN Conference in Yeruham will enable significant scientific and business leverage for the governmental initiative, both locally and internationally.
The conference will comply with Ministry of Health guidelines as they apply at the time. For further information and for reservations, contact Efrat@hs-events.co.il
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!You're Welcome To Join The success
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