Israel is gaining a reputation as the largest technology hub outside of Silicon Valley and is often referred to by locals as the “Startup Nation.”

Technology startups have spread throughout the region, particularly in Tel Aviv and Herzliya. However, this week, a businessman is launching one of the first micro-fund and early-stage product accelerators in Jerusalem, so new ideas can flourish in one of the world’s oldest cities.

Image: http://venturebeat.com