What's New at EDI - July 2017

What’s New at EDI – July 2017

July 3, 2017

One-on-One Prearranged Meeting Day to Discuss Plans and Opportunities in Hong Kong

On Wednesday, 12 July, EDI as InvestHK’s Israel consultant office along with Wolf Communications, Israeli representative of HKTDC, will be holding a day of prearranged one-on-one meetings for Israeli companies to discuss their plans and opportunities in Hong Kong.  The new Israeli Consul General to Hong Kong Ahuva Spieler will also be on hand to meet with companies in preparation for her assignment.  The event will be held at the Federation of Israeli Chambers of Commerce, with the support of that organization as well as the Israel Advanced Technology Industries (IATI).

York Entrepreneurship Development Institute Seminar Scheduled for July

YEDI, the acronym for York University’s Entrepreneurship Development Institute (Canada) will hold a seminar in Tel Aviv on July 26th to promote their programs to Israeli colleges and universities.  Essentially the program accepts students from any industry or sector where they undergo a semester long program which includes formal academic lectures, workshop-based training sessions in entrepreneurship and mentorship by key industry leaders. At the end of the program, entrepreneurs will develop a professional business plan, financial projections, executive summary and the necessary skills to pitch and potentially bring it to the global market. Entrepreneurs will develop their ventures in a North American context from the onset.  Upon successful program completion, participants receive a formal institutional certification from their university and YEDI with formal academic credit from their university and York University.  Successful graduates then have an opportunity to pitch their ventures to the appropriate funding audiences including North American investors.  EDI represents the trade and investment interests of the Province of Ontario in Israel.

Illinois Participates in Israel’s ISDEF 2017 Defense Show

The Illinois Department of Commerce & Economic Opportunity (DCEO) had booth space at the ISDEF show in Tel Aviv in June.  Seven Illinois-based defense product suppliers exhibited at the event which was held at Tel Aviv Convention & Exhibition Center.   EDI represents the trade and investment interests of the state throughout the region.

Wallonia Sponsors Investment Luncheon in Tel Aviv

The Wallonia region of Belgium sponsored an investment luncheon in Tel Aviv in June at the residence of the Belgian ambassador to Israel.  The event was for Israeli companies thinking about locating a facility in Europe and interested in hearing more about this particular area of southeast Belgium.  EDI was engaged by Wallonia to plan, administer and recruit for the event.

Virginia Participates in Israel’s ISDEF 2017 Defense Show

The Virginia Economic Development Partnership took booth space at the ISDEF show in Tel Aviv in June.  Four defense suppliers based there exhibited at the event scheduled held at the Tel Aviv Convention & Exhibition Center.   EDI represents the trade interest of the state in Turkey, Israel and Jordan.

EDI Participates in Cathay Pacific Tel Aviv-Hong Kong Launch Event

EDI’s Michael Platt, who is the lead consultant for Invest Hong Kong in Israel, participated in the June 8th launch event for Cathay Pacific’s new nonstop service between Tel Aviv and Hong Kong.  Senior government officials and business people from Hong Kong visited Israel to mark the occasion along with representatives of Israel’s Transport Ministry and local industry players.  EDI represents the investment interests of InvestHK in Israel.

Belt & Road Seminar Held in Tel Aviv

A Belt and Road Initiative Seminar was held on June 8 in Tel Aviv co-organized by Cathay Pacific Airways and the Hong Kong Trade Development Council (HKTDC).  Hong Kong’s Secretary for Transport and Housing, Professor Anthony Cheung Bing-leung gave a speech discussing the Belt and Road Initiative and highlighting developments in Hong Kong relating to air travel and transportation in general.  Remarks were also made by Mr. Paul Loo, Chief Customer and Commercial Officer of Cathay Pacific; Ambassador Yaffa Ben-Ari, Head of the Economic Affairs Division, Deputy Director-General of the Israeli Ministry of Foreign Affairs; and Ms. Galit Zehavi, HKTDC’s representative in Israel.  The thrust of the seminar was to present opportunities for Israeli companies within the Belt and Road Initiative and methods for pursuing them.  EDI’s Michael Platt was invited to sit on the panel and participate in a question and answer session with seminar participants within his role as Lead Consultant for InvestHK in Israel.

EDI Participates in China-Israel Economic Summit in Hong Kong & Zhuhai

EDI’s Jacob Elbert traveled to Hong Kong and Zhuhai at the end of June to participate in the China-Israel Investment Summit organized by Infinity Equity.  Over 5,000 people overall participated in the networking opportunity for Chinese and Israeli business people.   More than 100 Israeli company representatives from a variety of sectors were in attendance.  EDI represents the investment interests of InvestHK in Israel.

EDI CEO Delivers Guest Lecture at Bar Ilan University

In mid-June, EDI CEO Sherwin Pomerantz delivered a guest lecture to students in the International MBA Program at Bar Ilan University in Ramat Gan.  The topic was “Facilitating International Trade” and the students were in the 25-35 age group.  Half of them were local Israelis, while the other half were Chinese, Indian, Singaporean and Taiwanese with a good representation of Americans and Europeans as well.  Most if not all had worked in the high tech industry for at least a few years and all of them had chosen to do their MBA in Israel to be in close proximity to the local tech ecosystem.  EDI has had a close relationship with Israel’s graduate schools of business and Bar Ilan has a monthly lecture slot reserved for local business people.