Israel is a hotspot of innovation. Over 320 multinationals operate local development and research centers in Israel. Small and medium-sized enterprises (SMEs) also have great opportunities in linking up with Israeli innovations.
The cooperation with the Start Up Nation Israel offers enormous potential and is cost-effective, as Israel supports, among other things, innovation processes on the company side by means of a central R&D subsidy, thereby shortening the bureaucratic paths and costs. In addition, there is a large number of specialized Israeli start-ups, especially in the areas such as industry 4.0, automotive, cyber security and renewable energy. According to the Institute of German Business (IW) Israel is the country with the highest concentration of AI startups worldwide. Israeli startups are very interested in cooperating with european partners. The Israeli spirit is entrepreneurial, flexible, ready for improvisation and appreciates openness, directness and pragmatism.
