Israel aiming to double its tech workforce in a decade

The Israel Innovation Authority, in charge of the nation’s innovation policies, is setting out policies that it hopes will double the number of employees working in technology-oriented firms in the next decade.

The target was set as the authority on Monday released its 2017 annual report, in which it outlines the industry’s achievements, sets out its challenges and prepares a master plan of action.

“The main idea of this report is to figure out how to extend the number of people that currently enjoy the benefit of the high tech sector from 270,00 employees to 500,000 employees in 10 years,” said Aharon Aharon, the CEO of the authority, in one of his first interviews to the English-language press since he was appointed to the post in December 2016.

A multi-pronged approach to water economy innovation

The Jewish National Fund has been helping to build Israel’s reservoirs for several years. The number of such reservoirs is now more than 250.

While Israel is already by far the global leader in wastewater recycling, Jewish National Fund (JNF) is determined to see the country reuse nearly all of its sewage in the years to come as its population continues to expand from North to South.

The long-term intention is to increase Israel’s recycled water from 85% to 95%.

Israel introduces ‘Innovation Visa’

The Israel Innovation Authority has introduced an Innovation Visa to encourage entrepreneurs from all over the world set up shop in the Middle Eastern country.

The visa holders will be given access to support initiatives, which was earlier available only to Israelis.

Geektime says that successful entrepreneurs would be allotted a ‘support entity’ to provide them direction and other inputs, including access to venture capitalists, industry captains and attractive business partnerships.

Israeli universities breed next generation of startup nation entrepreneurs

idcbeyond-students2As Israel boasts the greatest number of startups per capita in the world, garnering the title of Startup Nation, entrepreneurship courses have been sprouting at universities and colleges throughout the country, meeting a grassroots demand. These programs aim to arm students with much needed theory along with a toolbox of mentorships, networking and tips on how best to approach investors for funding.
“Can someone talented manage without university studies? Anything is possible. But in life, a lot depends on chances. What are the chances of entrepreneurs succeeding if they don’t have mentors who want to push them forward, if they don’t know how to build a business model, if they don’t know how to build a team and when is the right time to approach the right type of investors?” said Dr. Yossi Maaravi, deputy dean at Adelson School of Entrepreneurship at the Interdisciplinary Center (IDC) Herzliya, in an interview. “Eighty percent of success stories can be pinned down to lessons learned, 20 percent on the person itself. Studying, in most cases, can significantly propel you forward.”

Super-sweet sugar and fruit fly protein powder: Israel’s next tech

Israeli technology is set to make a mark on gastronomy.

“Food is the next big area for Israeli tech,” according to entrepreneur and investor Ron Antonovksy. “We are moving from Start-Up Nation to a Foodtech Nation.”

That food tech was on display Wednesday at a conference of the same name. The first Foodtech Nation Conference, held in suburban Tel Aviv, brought together entrepreneurs, academics, and corporate executives from Israel and abroad

What Are The Secrets Behind Israel's Growing Innovative Edge?

Israel is quickly becoming an innovation giant. With just over 7.7 million people, Israel has an estimated 4,800 startups, many of them high tech. These companies are sources of groundbreaking innovation that is catapulting Israel to global tech prominence. The combination of Israel’s culture, environment and keen strategy has led to a tech boom that rivals Silicon Valley.

It’s not only the sheer number of entrepreneurial companies; it’s their astonishing, innovative edge. 

Israeli Life Science Innovation and Technology Continues to Change Lives for the Better

Israel’s dynamic life sciences sector is growing at a rapid pace, contributing enormously to the global healthcare market. Today there are over 1,200 active life science companies in Israel with some 40 new companies formed each year. In 2013, Israeli life science exports reached $8 billion and a rich pipeline of seed companies in the field promises to perpetuate current growth. There is no other country in the world with such a concentration of life science companies.

Innovation Program For Promoting Start-Ups In The Arab Sector Launched In Nazareth Together With 8200 Alumni

Hybrid, a new and innovative program for promoting startups in the Arab sector, at the Nazareth Business Incubator Center (NBIC), launched by the Ministry of Economy and Industry, in cooperation with the 8200 Alumni Association. The program aims to help advance new initiatives in the Arab sector, with the goal of significantly increasing the number and quality of start-ups in the Arab sector.

To this end, the program will operate in association with a large number of partners from the high-tech industry, including Bank Hapoalim, EMC, Coca-Cola, SAP, and the Nazareth software company, Galil Software.

Technology in Israel: 5 Best Innovations From Jewish Nation

From aerospace engineering to pharmaceuticals and from environmental science to computer innovations, Israel, like Silicon Valley, is one of the world's hot spots for everything tech. Scientists in the Jewish Nation have contributed to a wide variety of innovations in technology that play important roles in everyday living. Here is a list of five of the best tech creations to come from Israel:

  1. Jump Drive
 - The jump drive, also known as a disk on key, rendered floppy disks obsolete. The portable storage device is produced by SanDisk Corporation, a company with offices in Kfar Saba, Omer, and Migdal Tefen, according to its website. The company even won a platinum Maala Award, Israel's prize for excellence in corporate and social responsibility, according to


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Israel government sets up Technology and Innovation Authority

Finance Minister Moshe Kahlon: Maintaining Israel's position as a technological powerhouse is an existential duty.
The Israeli government has approved the establishment of a National Authority for Technology and Innovation (NATI). The authority will function as the executive arm of the Office of the Chief Scientist at the Israeli Ministry of Economy.

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