The State of Israel is young, celebrating its 71st year in May, so it should come as little surprise that its technology sector, the second-largest tech hub in the world, is young as well. Israel's tech sector, like many others, has thus far been dominated by men, but as it continues to grow, so does the number of female entrepreneurs entering it with promising start-ups.

Given the youthful energy and innovation of Israel’s thriving start-up scene, Forbes selected Tel Aviv and Jerusalem as the dual headquarters for its first Under 30 Summit Global, held May 6-9. The event brought together entrepreneurs and so-called game-changers from Africa, Asia, Europe and across the Middle East for a jam-packed schedule of networking, pitching and incubator events tapping into Israel’s $22 billion tech ecosystem.

This year, Forbes is blazing another trail with its first Under 30 Summit for Women, to be held March 31-April 4 in Tel Aviv and Jerusalem. The event couldn’t come soon enough for female entrepreneurs in Israel, a county that more than 40 years ago had a female prime minister but today tussles with a patriarchal, machismo-infused society deeply influenced by the religious right.

“There still aren't enough women in prime investment roles, in Israel and in other parts of the world,” said Yonit Golub Serkin, managing director of MassChallenge Israel, the Jerusalem-based arm of the global tech accelerator MassChallenge. “Until there are more women able to open up a checkbook and invest, female-led companies will continue to be under-funded and undervalued.”