Michigan Israel Business Accelerator Foundation
Michigan Israel Business Accelerator
273157523
2010
Detroit, MI 48226 USA
michiganisrael.com
Michigan Israel Business Accelerator Foundation
The Michigan Israel Business Accelerator Foundation (MIBAF) is a nonprofit organization classified under Section 501(c)(3) of the Internal Revenue Code. Established with the purpose of fostering commerce and industry between the state of Michigan and Israel, MIBAF plays a crucial role in promoting economic growth in both regions.
Mission
The primary mission of MIBAF is to attract high-growth Israeli technology companies to explore business expansion opportunities in Michigan and to encourage Michigan's own high-growth technology companies to venture into Israel's business landscape. This is achieved by advancing Michigan's innovation ecosystem through strategic connections with Israeli businesses.
Impact
MIBAF has facilitated numerous connections and collaborations between Michigan and Israeli companies. In 2022, MIBAF and its affiliated organization, the Michigan Israel Business Accelerator (MIBA), supported over 400 companies. Their efforts extended to strengthening working relationships with economic development entities across Michigan and Israel, through business connections, trade missions, and community engagement events.
Key Initiatives
MIBAF works in concert with MIBA to create opportunities for Israeli companies to expand into the U.S. market, leveraging Michigan's strategic location and business-friendly environment. Key areas of focus include mobility, defense, health tech, sustainability tech, and food/ag tech.
Programs and Services
MIBAF's initiatives are complemented by MIBA's programs, such as The Elevator, a U.S. landing zone exclusively for Israeli companies. This initiative provides rent-free office space and essential amenities, offering a supportive environment for startups to flourish in Michigan.
Financial Transparency
MIBAF is recognized for its operational transparency, having submitted Form 990, which is required of tax-exempt organizations in the U.S. This transparency indicates adherence to regulatory requirements. Additionally, MIBAF reports no executive compensation, professional fundraising fees, or other salaries and wages.
[1] https://en.wikipedia.org/wiki/Michigan_Israel_Business_Accelerator [2] https://givefreely.com/charity-directory/nonprofit/ein-273157523/ [3] https://www.michiganisrael.com [4] https://projects.propublica.org/nonprofits/organizations/273157523 [5] https://www.ironnation.org/michigan-israel-business-accelerator
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Nearby
4.5
Detroit
About the organization
- 248, S40 -
Accelerating Michigans Economic Growth One Israeli Innovation at a Time Connecting Communities through Partnership Building Creating opportunities to connect Michigan with Israeli innovation The Elevator The only landing zone in the US dedicated to supporting the growth of Israeli companies Programs Services Curated matchmaking that cultivates mutually beneficial partnerships Our Impact 950 Organizations Supported 4700 Connections Made 20M in Economic Activity Created 100 Israeli Companies Hosted in Michigan 150 Michigan Delegates Hosted in Israel Your support for the MIBA will allow us to continue to advance Michigans economic growth through Israeli innovation. Investors Get the latest on Israeli tech coming to Michigan innovation ecosystem events and MichiganIsrael trade delegations by joining the conversation with us. Copyright 2025 Michigan Israel Business Accelerator Privacy Terms Ethics Policy and Reporting Created by CRIMSON Im looking for. .
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