ICONYC Labs Builds A Bridge Between Israeli Tech And NYC’s Startup Scene

Eyal Bino has been working for years to bring Israeli entrepreneurs into the New York City tech ecosystem, and his latest venture, ICONYC Labs is the culmination of that work.Together with his partner Arie Abecassis, a partner and mentor at Dreamit Ventures, Bino has established an acceleratorfor young entrepreneurs coming from Israel to build out their businesses in the hear of New Yorks burgeoning technology scene.Beginning with an initial cohort of five companies (each receiving $20,000 in early stage funding) and a 6% to 10% stake in each, ICONYC will follow the traditional accelerator model of mentoring and consulting to get the entrepreneurs in front of the connections they need to get a foothold in the U.S. market, the founders said.

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