Efcom
Efcom provides hardware and software consulting and development services, both through our Israeli branch and through the Chinese branch. We invest in young companies through these services and through various seed investments both in Israel and in China. We also allow access to our Israeli and Chinese hackerspaces and assist with requesting various government grants. Following a successful prototype or minimal viable product (MVP) demo, we continue the process in China, where the founders receive a second round of investment to reach a mature product or to adopt their existing product to the Chinese market. In China we help the young companies to get subsidized offices and production spaces, help with finding relevant partners for product distribution and assist in IP licencing between the Israeli and the Chinese companies.