The founders were awarded a one year scholarship by Credit Suisse and a potential investment of up to half a million dollars by equity crowd-funding company OurCrowd.
By ILAN COHENYORI NELKEN of OurCrowd, Doron Averbuch of Credit Suisse and NASDAQ representataive Adam Kostyál(photo credit: NOAM MOSKOWITZ)
CodeMonkey, an educational start-up which teaches children computer programming, won the second Credit Suisse High Tech Forum in Tel Aviv this week.The founders were awarded a one year scholarship by Credit Suisse and a potential investment of up to half a million dollars by equity crowd-funding company OurCrowd, a co-sponsor of the event.“Coding is an international language, the language of the future, and we see great importance in endowing it to the next generation,” said Doron Averbuch, CEO of Credit Suisse Israel. “All competitors had shown great ideas, but CodeMonkey’s vision and educational and social values go hand in hand with Credit Swiss’ values of excellence, ingenuity and innovation. We look forward to working with the winners and seeing them grow”.This year’s forum focused on the opportunities available to the hi-tech investment community, current trends and challenges, such as the higher valuations in growth stage private companies, and how this is affecting the approach to IPOs.