The 5 tech incubators will operate in the fields of health, bio-convergence, climate, food tech, and space.

Another international company is eyeing Israeli startups and this time it's retail giant eBay. The company is setting up an incubator, which will help young Israeli startups develop their products.

TheHive is a new startup incubator for people who recently moved to Israel. It offers them a six-month program to provide them guidance and tools to find local opportunities and connections.

New Generation Technology, a high-tech incubator founded by Jewish and Arab entrepreneurs to develop ideas by Arab-Israeli scientists, utilizes the vast knowledge that the Israeli-Arab community has amassed in life sciences.