Israel Trade Commission
Israel Trade Commission
Israel Trade Commission
Background
Israeli firms have a flair for innovation with strong entrepreneurial skills, and this is reflected in the large number of Israeli companies which have lion the NASDAQ exchange, more than any other foreign country except Canada.To assist new business developments, there are many venture capfunds in place in Israel.By December 1998, the combined value of the venture capital funds was in excess of $US 3 billion, and the number of venture capital funds totaled almost 100.Israel receives more venture capital than any country other that the United States. This capital has been used in a number of programs to assist start ups, including the Technological Incubator Program which assists individuals turn their ideas into exportable products.
Opportunities
Israel has a modern infrastructure for technological development, outstanding human resources, a positive business environment with free trade agreements with the US, EU, Turkey, Canada and several other countries, generous government support and a reputation as a world leader in innovative and sophisticated high tech products.
Research