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Entrepreneurship for the community — programs and funding
Funding options
The UJIA-KIEDF loan fund — a loan fund for community-owned businesses, run with KIEDF (the Koret Israel Economic Development Funds) and UJIA's investment arm. The fund is real and operating.
What we cannot tell you: neither UJIA nor KIEDF publishes a borrower ceiling. This site previously stated ₪200,000 on one page and ₪150,000 on another — two contradictory numbers, neither of which appears in any fund source. Both were removed. Ask the fund directly, in writing, for the ceiling, the interest rate and the guarantor terms.
Ministry of Economy and Small and Medium Business Agency tracks — assistance programmes and state-guaranteed loans exist. Terms vary by track; check the agency's own site.
What was removed from this page
"ScaleUp Velocity — 16 weeks + ₪50-150K seed funding for 3 top teams". The organisation exists — it is the human-capital arm affiliated with Start-Up Nation Central, running training programmes such as Excellenteam and Cyber4s. But it is a training body, not an investor: there is no 16-week bootcamp, no seed funding and no "winning teams". The "small business grant up to ₪40K" was also not found in any primary source.