To leverage the knowledge, skills, and network of Unit 8200 alumni to support small businesses as well as the Israeli economy as a whole, thereby connecting the different parts comprising Israeli society.
8200 for small businesses is a 3-month accelerator program for small businesses, where mentors who are experts in their field (unit 8200 alumni and senior professionals who are not unit 8200 alumni) offer professional guidance and support on a weekly basis.
The program provides a 360-degree cover of all business needs, and an expert mentor is provided for each area (3–4 mentors for each business). In addition, the business owners participate in several hands-on, action-oriented business workshops throughout the program.
Following the three months core program period, the businesses are accompanied by a partner-organization specialized mentor for a further 18 months period under a detailed workplan.
The program has completed its 1st pilot cycle (June -September 2021).
Six businesses completed the cycle, which was successful beyond all expectations with clear ROI - ILS 4,762 average investment per business, resulted in ILS 96,739 average revenue increase 5 months following its completion - 20X in 5 months, or 49X on an annual basis. More figures:
133% average sales improvement during the program.
40% average sales improvement compared to the same period pre-COVID by August 2021.
95% improvement by January 2022, and 63%-96% profit increase by January 2022.
The 2nd Cycle repeated 1st cohort results but with twice the number of businesses (15) supported by 70 mentors.
The 3rd Cycle also repated results for 4X of businesses (60) and 240 mentors.
While working on the launch of the program's 4th cycle, the small businesses hit by the war and the national crisis. We adjusted the programs to meet the current needs.
Quotes from business owners and mentors
Moria Ben Aharon
Natz Natz - Clothing Shop
In its initial phase, the program already provided value and motivated us to want to succeed and take the business forward, knowing that the best minds are with us, giving us their full support. We feel lucky to be part of the program.
SHR, Staffing Agency
I participated in several accelerator programs and this program was absolutely (until now) the best I'd been in – we get down to business without too much theory. The program provided value from the first meeting with the team – manifest in all the consultants' and mentors' active work, they weren't "all talk"
enjoyed taking on the challenges of a person whose wellbeing and livelihood depended on solving them, and finding solutions for them together that upgraded the business within a short period of time, thereby improving the business owner's mental state as well as their wellbeing and that of their family.
The 8200 Alumni Association (S.M.2) is a non-profit organization, established and managed by senior Alumni of Israel's central intelligence unit. The association focuses on several fields of activity, including educational and community projects, networking among its members, and support for young entrepreneurs in Israel.
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