The corporates have teamed with OurCrowd and the Hebrew University of Jerusalem's Yissum Research Development Company for an incubator which will open later this year.

Israel-based equity crowdfunding platform OurCrowd is launching a technology incubator in partnership with data communications equipment manufacturer Motorola Solutions and conglomerate Reliance Industries.

Yissum Research Development Company, a research division of Hebrew University of Jerusalem, will also be involved in the initiative. OurCrowd is replacing venture capital firm Jerusalem Venture Partners, which previously led the program.

The incubator will focus on early-stage Jerusalem-based startups in areas such as big data, analytics, artificial intelligence and financial technology. Applications will be invited…