IBM Alpha Zone Accelerator is opening registration for its cognitive computing track
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Graduates from the first class of IBM Alpha Zone. Photo Credit: PR

The third class of the IBM Alpha Zone startup accelerator program is now open for registration until July 1. The 24-week class will begin in September

This post was sponsored by IBM Alpha Zone. 

IBM Israel’s Global Technology Unit launched a preliminary screening process for startups to join the 3rd class of its accelerator program Alpha Zone. The program is designed to assist and support Israeli startups with the goal of initiating global collaboration with IBM. To enhance their products and services, this time IBM is focusing on companies that can combine their solutions with cognitive computing technologies. Within IBM, the cognitive computing field is led by the Watson division, founded last year with a $1B investment.

The companies and technological ventures selected to participate in the program will benefit from a unique and lucrative package of services and products while retaining full ownership of their companies and IPs, including all rights to new developments.

Alpha Zone launches 3rd class

IBM Alpha Zone’s 24-week program will provide each company with technological and business mentoring, free and limitless use of IBM’s software development services and tools for testing and development, infrastructure, and up to $120,000 worth of cloud computing products. The startups will also have access to advisory services from experienced and knowledgeable IBM researchers, developers, and technology and industry experts in Israel and worldwide. Program participants will also be provided with free-of-charge office space in the IBM Israel headquarters in Petah Tikva, dedicated to the activities of the accelerator.

During the program, IBM will present the participating startups to venture capital investors at industry events in Israel and around the world, will assist the companies with submissions to Chief Scientist programs, and create connections between the startups and leading mentors and industry experts. Additionally, leading industry companies will provide legal, financial, accounting, UI design and development, and IP management advisory services to the startups.

Global medical technology company BD (Becton Dickinson and Company) will be a leading partner of IBM in the third accelerator cycle. BD has an interest in startups that integrate cognitive computing systems like IBM Watson to deliver improvements and innovations for the health care industry.

Along with IBM, BD will select up to four health care startups (out of 6-8 startups total) for the third cycle. BD will provide mentors and subject matter experts for selected health care startups in the Alpha Zone program, and will also offer the possibility of providing a grant of up to $25,000. Beyond medical tech ventures, the program will also accept startups with solutions in the fields of e-commerce, transportation, energy, and media.

The accelerator program was designed to broaden IBM’s cooperation with Israeli technological companies, and serves as a channel for discovery and cultivation of young startups, with the goal to promote joint ventures throughout the world. This business activity is managed by IBM’s Global Technology Unit (GTU), which is responsible for promoting and integrating Israeli technologies within the global portfolio of IBM services and products.

Who’s the program for?

It is for young startups that developed a product or passed the phase of technological proof of concept that are operating in the field of cognitive computing, and/or are interested in implementing abilities from the field within their own solution to augment existing abilities and gain a competitive market advantage. Examples of cognitive computing abilities include natural language processing, personality insight, image recognition, analysis of alternatives, text analysis and more. The companies must have an active full-time staff and be post-seed.

The registration deadline is July 1, and the new class will begin in September.

For more details and registration, click here.

And here’s a short video introduction to Watson:

This post was sponsored by IBM Alpha Zone. 

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IBM Alpha Zone

About IBM Alpha Zone


The Alpha Zone program helps Israeli companies expand their technology and establish long-term partnerships with IBM. Business activity in the accelerator works within the framework of IBM’s Global Technology Unit (GTU), whose goal is to connect the thriving hi-tech ecosystem in Israel with IBM on a global scale, generate joint revenue, and discover new partners for IBM. For more information about Alpha Zone in Israel, click here.

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