Why Partner with Israeli Businesses?

Israel and its Business Climate

Israel today is one of the world's most advanced centers for technology and innovation. With one of the most highly-educated work forces (135 scientists and engineers per 10,000 population, more than any other developed country) and with an immigrant population having cultural ties to almost every nation on earth, Israel is uniquely positioned to be a major player in world trade and a prime location for new investment and joint ventures.

Because of its entrepreneurial climate, educated work force, world-renowned academic and medical institutions, Israel has become a main venue for venture capital and direct investment. Over 80 venture capital funds have raised over $4 billion since 1993. Its free trade agreements with the US, Canada, EU and other EFTA countries, provide unparalleled trade opportunities.

In fact, Israel has the largest number of startup companies, in absolute terms, than any other country in the world, except the US (3500 companies mostly in hi-tech). And, There are more Israeli companies on US stock exchanges (130) after the US and Canada than any other country, with market capitalization of over $33 billion, two of which are included in the S&P 500.

Israel's modern business infrastructure and business culture provides ease for doing business with US companies who have already invested heavily in Israel's technology sectors.

The total population of Israel is 6.2 million, with over 2 million people in the workforce - the majority living in 4 metro areas - Tel Aviv, Jerusalem, Haifa, and Beer Sheva. The per capita income in 2000 was over $17,000, exceeding that of the UK. Israel's $100 billion economy is larger than all of its immediate neighbors combined. English is the official business language.

Significant grant and tax incentives are offered to companies investing in Israel and doing business with Israeli companies.

Israel's Cutting-Edge Industry Sectors:

Testimonials

"Thanks to quality education, Israel is one of the most advanced countries in the world in this field. Israel is advancing in high-tech even more than other developed countries."
Bill Gates, CEO Microsoft

"Israelis are in the forefront, with the US, in adopting and using new technologies…..Israeli professionals have sophistication that allows them to overcome problems and deliver products quickly."
Ed Zander, President, Sun Microsystems

"This involvement (of ours) reflects our belief that Israel will continue to play an active role in the development and implementation of important and innovative global technology solutions."
Gary Wendt, Chairman and CEO, GE Capital Services

"(Israel's) industry and government have a great partnership and a strong tradition of research and development."
Karl Krapek, President, Pratt and Whitney

"(Israel has) lots of talent and lots of growth and lots of good ideas."
Judith Estrin, CTO, Cisco Systems