Israel Start Up – Illinois learns from Israel

June 15, 2011 at 11:29 am | Posted in ICT, Investment, Israel, Life sciences, Medical Devices, Pharmaceuticals, R&D, Renewable energy, software, Start-ups, Telecommunication, Trade, Water | Leave a comment
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The Academy for Entrepreneurial Leadership traveled to Israel in March 2011 to experience and document Israel’s amazing start-up community. They met with various start-up companies, incubator programs, and venture capitalists to discover what makes Israel, an incredibly tiny country, so successful when it comes to new venture creation. they hope to apply what we have learned to inspire and enhance the start-up community in Illinois. This documentary feature was premiered at the Start-up Illinois Dinner on May 19th, 2011: Open link.

Thanks  to my colleague, Mr. Yariv Becher, Israel’s Trade Attache to the Mid-West, based in Chicago, USA, for sharing this link with me.


Israel’s WEF Ranking Improves to 24th Place, Boosted by Innovation

October 7, 2010 at 10:27 am | Posted in Israel | Leave a comment
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Israel’s ranking in the World Economic Forum’s Global Competitiveness Report 2010-2011 increased to 24th place from 27th the year before.

Israel’s improvement in the ranking was mainly attributed to the country’s innovation.

“The country’s main strength remains the excellent and improving capacity for innovation, the category in which Israel came in 6th place, which rests not only on highly innovative businesses but also on the availability of high-quality research institutions and is reflected in a high number of patents,” stated the report.

The report’s country profile assessment also noted that Israel’s favorable financial environment, the category in which it was placed 14th, and the availability of venture capital, the pillar in which it came in 10th place, also contributed to making the country an innovation powerhouse.

The Global Competitiveness Index is based on 12 pillars of competitiveness, which together provide a comprehensive picture of the competitiveness landscape in 139 economies around the world at all stages of development.

Israel’s Investment Promotion Centre

Israel Celebrates Groundbreaking Innovation In New IPC Brochure

August 11, 2010 at 3:30 pm | Posted in Agriculture, Energy, export, ICT, Life sciences, Medical Devices, Pharmaceuticals, Renewable energy, Start-ups | Leave a comment
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International investors and innovation aficionados are invited to rejoice with the launching of a new publication celebrating Israel’s innovative success including a compilation of some of Israel’s most revolutionary technological breakthroughs across several industries, including in Cleantech, Agrotech, Life Sciences, IT, Communications, and Homeland Security.

The new brochure, “Israel – Global Center for Breakthrough Innovation,” produced by Israel’s Investment Promotion Centre of the Ministry of Industry, Trade and Labour, bolsters Israel’s position as an innovative powerhouse and a preferred target for foreign direct investment. Israel’s innovative professionals are a central focus of the brochure, which emphasizes the country’s human capital as the vital component that binds together all the key elements of its success.

The new brochure can be viewed on the Invest in Israel web site – Click here

PWC Shows Sharp Rise in Israeli Start-Up Investment

August 11, 2010 at 9:20 am | Posted in ICT, Israel, Life sciences, Medical Devices, Pharmaceuticals, Start-ups | Leave a comment
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Kesselman and Kesselman PricewaterhouseCoopers in a recent report shows investments in Israeli start-ups rose 21% from the first quarter to $206 million in the second quarter of 2010, and 27% from the corresponding quarter of 2009.

For the first half of 2010, total investments in Israeli start-ups amounted to $376 million, slightly above the $356 million invested in start-ups in the first half of 2009.

The upward trend was led by the medical devices and biotech sectors, while investments in Internet start-ups bounced back to the levels of recent years after low levels of investment in the first quarter of 2010. The data reflects the highest level of investment since 2004 in the life science section, which combines medical devices and biotechnology.

Israel’s Investments Promotion Centre

Israel – where breakthroughs happen

February 21, 2010 at 1:21 pm | Posted in Agriculture, export, ICT, Irrigation, Israel, Life sciences, Medical Devices, Pharmaceuticals, Renewable energy, software, South Africa, Telecommunication, Trade | 1 Comment
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Over the last two decades, Israel has become famous for its high-tech capacity, particularly in telecommunications, information technology, electronics and life sciences. Its capacity for innovation and highly-educated, skilled workforce has played a key role in its rating as a high-tech center next to Silicon Valley in California. Full article.

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