Middle East Innovation
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takwin  \tāhk – ween\ – n:

Genesis or start.  The beginning or origin of anything. Coming into being. Indicating generation or development.

Takwin Labs makes return driven investments and incubates early stage Arab entrepreneurs. Takwin Labs believes that Arab Israeli entrepreneurship has the potential for strong growth, and it will focus on internet and mobile technologies.

Three leading businessmen, entrepreneurs, and venture capital investment managers are responsible for the establishment of the fund: MK Erel Margalit,  founder of Jerusalem Venture Partners (JVP) — prior to his entry into politics; Nehemia (Chemi) Peres, the founder and managing partner of Pitango Venture Capital, and the chairman of Al Bawader, the first investment fund for the Arab Israeli community, which was founded with government support; and businessman and founder of Babcom Centers, Imad Telhami.