11000
PATIR RESEARCH AND DEVELOPMENT, LTD. (PATIR)
JERUSALEM COLLEGE OF TECHNOLOGY INDUSTRIAL INCUBATOR
21 HAVAAD HALEUMI ST., POB 16120, JERUSALEM 91160, ISRAEL;
TEL: 972-2-67511215; FAX: 972-2-6751195;
E-MAIL: info@patir.co.il WEB:www.patir.com
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MANAGING DIRECTOR
Mr. Jay Kalish
Incubator Manager Mr. Larry Finson
Investment Manager Mr. Laurence Berkowitz
STATUS
Limited company
MISSION
PATIR is dedicated to nurturing early seed stage companies,
growing them from inception, to maturity and establishing
thriving businesses through dedication, support, and personal
guidance.
FOUNDERS AND SPONSORS
PATIR R&D was founded in 1991 as a Limited Liability Company,
sponsored by the Office of the Chief Scientist of the Ministry of
Industry and Trade and affiliated with "Machon Lev" - Jerusalem
College of Technology (JCT). JC Technologies is the commercial
arm of JCT and supports PATIR with management services.
JCT is a fully accredited college of engineering, as recognized
by Israel's Council of Higher Education. Founded in 1969, its
objective continues to be the education of engineers for Israel's
rapidly advancing high tech industry while integrating Jewish
values. The College provides a university level education through
its high tech program leading to a Bachelor's degree, concurrent
with an intensive program in Judaic studies. Preparing for the
future through this synthesis of Technology and Judaic studies
has earned the College a unique position among engineering
schools worldwide.
MANAGEMENT
PATIR's management consists of a five member Board of Directors;
a project screening committee composed of professionals from
industry, academia, and business; and a Managing Director who is
in charge of locating, supervising and providing business
development to the projects.
Each project is set up as a separate company with its own Board
of Directors and business development team.
MODE OF OPERATION
PATIR provides a diverse portfolio of services throughout the
lifetime of the projects with the aim of turning innovative
projects into profitable Israeli companies.
The campus of Jerusalem College of Technology (JCT) includes many
of the resources required and are invaluable assets for the R&D
projects such as:
* Access to JCT faculty, which includes world leaders in the area
of electro-optics, software, IT and other technological fields.
* Use of laboratories and other college facilities to help
further the companies' research projects
* Access to a talented pool of JCT students and graduates
* Potential deal flow - direct and efficient contact with
universities and research centers worldwide
* A modern technical library, including computerized search
capabilities
PROJECTS ACCEPTANCE CRITERIA
During its years of operation, PATIR R&D has established about 35
new technological start-ups. Each new project should have the
potential of developing highly innovative technological products
with a high commercial potential for the international markets.
PREFERRED DIRECTIONS OF ACTIVITY
* Software,
* Information Technology (IT)
* Electro-optics
* Biotechnology
INVESTMENT OPPORTUNITIES
PATIR is constantly seeking cooperation on a per-project basis
either as:
* Strategic partners whereby companies in the field undertake the
marketing aspects of the product under development
* Investment or Joint Venture for continuation of project into
commercial stage.