Start And Stop for Jewish Startups?
“It’s time to take these organizations seriously,” says Felicia Herman, Natan’s executive director. “It’s a substantial, growing sector that cannot be pigeonholed as a collection of ‘next-generation’ experiments or a product of luxurious times.”
The survey, which was released Tuesday night during “The Lean Years, Part II: Strategies for Survival” event hosted at The Samuel Bronfman Foundation, is the first of its kind to examine the contours of the Jewish startup sector, and how the economic climate may impact growth in this sector. Not surprisingly, New York and California are home to 56 percent of Jewish startups, with the remainder located in 22 other states. Most of these startups are small; 37 percent have a budget of $50,000 or less and about half have one or fewer employees on payroll.