NOVANEWS
“The institute has several projects designed to encourage Middle East entrepreneurship. It has played a key role in organizing the Middle East Venture Capital Fund, which is managed by Israeli businessman Yadin Kaufmann and Palestinian entrepreneur Saed Nashef.
Backed by the European Investment Bank, Cisco Systems Inc., Intel Corporation and other contributors, the fund has $50 million to fund high-growth, export-oriented ventures in information technology. It is the first venture capital fund targeting the Palestinian Territories.””