JVP Media Quarter
Beautifully situated in the heart of Jerusalem's "Cultural Mile", the JVP Media Quarter gives expression to the vision of fusing technology, creativity and social action in one exciting complex. Located in the renovated national Mint of the British Empire and the Ottoman warehouses next door, the JVP Media Quarter is heralding the revitalization of the area surrounding Jerusalem's old train station. The JVP Media Quarter is the brainchild of Erel Margalit, the founder of Jerusalem Venture Partners ("JVP"), a leading Israeli venture capital firm with over $900 million under management, through seven venture capital funds, and a twenty year track record in Israel and international markets in building and successfully exiting world class media technology companies.
Over 200 young, dynamic employees gather here daily to work in the compound that encompasses the venture capital firm, the JVP Media Labs (our technology incubator), a dozen JVP start-up and portfolio companies, our performing arts hub, "Zappa Jerusalem in The Lab", and our social profit organization "JVP Community" (Bakehila). Exciting fusion occurs as these engineers, artists, storytellers and entrepreneurs in the profit, social profit and entertainment worlds meet in the courtyards and corridors of the JVP Media Quarter. They build cutting-edge companies with international reach, create and perform theatrical works to a diverse and growing Jerusalem audience, and affect change in disadvantaged neighborhoods in the city through holistic educational programming reaching out to over 3,000 at-risk children and their families
The Media Quarter concept began in 2002 when Erel set about realizing his vision of turning the area into a destination for technology, culture, art and business. The Lab opened its doors in 2003 in a renovated train station warehouse dating back to the Ottoman Empire, and has since hosted thousands of in-house and external performances. Erel’s social profit organization JVP Community moved its offices to the area and volunteers, lay-leaders and donors began gathering here on a regular basis. In 2006 Erel began renovating the historic national Mint building, built by the British Empire in 1937 and abandoned by the Israeli government in the 1980’s. In 2008, after extensive preservation and renovation efforts, JVP’s venture capital fund offices, the JVP Media Labs incubator and leading portfolio companies moved in. The unique Bauhaus structure became a monument in the city’s skyline, buzzing with activity 24 hours a day. Employees and visitors alike enjoy an atmosphere of creativity and innovation alongside a deep respect for the history of Jerusalem and its powerful legacy.