May 7, 2015 | The Junction, Genesis Partner’s startup accelerator, will change some of its policies. The accelerator has already conducted about 13 courses and helped 112 startups in Israel, but according to Genesis Partner’s managing partner, Jonathan Saacks, The Junction will become more rigorous with its selection process and invest more funds in the company. The Junction will length its cycle from three months to six months for each participating startup and will introduce “boot camps” in the process that will keep the number of supported startups down to 4-6 at most. Each of the selected startups with receive discretionary financing from angel investors. The Junction was established by Genesis Partners in 2010 and is located in Tel Aviv.
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