Jnext is a joint project of the Jerusalem Development Authority (JDA), the Ministry of Jerusalem and Diaspora Affairs and the Municipality of Jerusalem. It aims to strengthen and empower the technological ecosystem in Jerusalem.
Jnext’s mission is to support technology innovation development, and transform Jerusalem into a magnet for Hi-tech ventures and early stage companies.
Jnext will act as a central management for the ecosystem while engaging all the relevant organizations already active in the entrepreneurial space in one, city-wide coordinated program. The Israeli government, the Jerusalem Municipality, and the JDA encourage companies to move to Jerusalem, or to expand existing businesses.

A diverse range of benefits are provided to this end, such as:
Reduced corporate taxation, non diluting grants of up to $120,000, subsidized office space, no equity accelerators, city sponsored tech events and even connections to business delegations and potential partners.