Magnet Accelerator is an early-stage startup acceleration program, that looks for startups aiming at their first significant round.

The northern star KPI of the program is the investment rounds of the Alumni, specifically Seed rounds in the 0-12 months after graduation.

The program is 3 months long and takes zero equity from participating companies.Magnet Accelerator looks for Negev-based LLC early stage start-ups with minimal ability required to develop the technology to a milestone, and at least 2 co-founders.The accelerator provides the start-ups with a workspace in "Tech7 Startup Hub", which is located in Beer-Sheva's Hi-Tech Park, Gav-Yam.