Monthly News

October 2014 EDI News

2 Israel Firms Selected as Finalists in StartmeupHK Venture Program

Invest Hong Kong’s annual StartmeupHK Venture Program has now closed out its application phase and selected its finalists.  Of the 547 applicants worldwide, Israel ranked third with 53 company applications.  The list of finalists has now been published and 2 of the 53 Israel firms have been selected to move on to the next phase of the program.  This annual program attracts winning innovative technology startups from around the world to come to Hong Kong in December to be exposed to strategic partners and investors in an effort to grow their businesses.  Hong Kong is interested in attracting these companies to setup their Chinese headquarters there.   EDI represents the investment promotion interests of Invest Hong Kong in Israel.

EDI Participates in Pennsylvania International Week, September 15-19

Pennsylvania’s Center for International Trade Development held its annual Pennsylvania International Week (PIW) program in mid-September.  The annual event brings together the state’s international trade representatives to spend one day in each of the state’s economic development regions to meet with manufacturers seeking new export markets.  EDI’s Trade Director, Seth Vogelman, represented EDI at the event.  For the past 17 years, EDI has been handling export promotion activities on behalf of the state throughout the Middle East.

Mississippi Trade Mission Led by Gov. Bryant Scheduled for November

EDI is handling the arrangements and business meetings for a trade delegation from Mississippi due in Israel in mid-November.  At present, there are nine companies registered for the week long mission which will encompass two days of one on one business meetings, followed by a third day of in depth meetings along with two days at the Homeland Security Conference in Tel Aviv.  The US companies represent a wide spectrum of sectors with most seeking importers and distributors for their products in Israel. 

Concurrently, Mississippi Governor Paul Bryant will be in Israel on an official mission to meet with political and business leaders in the country.   During his visit, the governor will also deliver an address at the Homeland Security Conference on the subject of “The Importance of Operational Continuity and Data Fusion in the Management of Emergency Situations.”  EDI is handling both elements of the visit under contract to the Mississippi Development Authority. 

Michigan Business Mission Planned for November

The Michigan Israel Business Bridge (MIBB) is recruiting for a business mission to Israel in mid-November.  MIBB operates under a partial grant from the Michigan Economic Development Corporation to increase the level of business activity between Israel and Michigan.  EDI will be coordinating the mission on the Israeli side in its role as the local representative of MIBB.

Pennsylvania Business Mission to Jordan and Turkey

In mid-November, a group of Pennsylvania companies interested in increasing business ties between the state and the Middle East will travel to Jordan and Turkey for a one week business mission, spending a few days in each country.  During their time in the region, they will meet with potential business partners as arranged by EDI in its role as the Middle East Representative of the state’s Center for International Trade.  

Indiana Gov. Pence to Visit Israel at Year-End

Indiana Governor Mike Pence will make an official visit to Israel at the end of the year to meet with political leaders here as well as with Israeli companies interested in considering Indiana as a base for their US operations.  EDI will coordinate the visit in its role as the regional representative of the Indiana Economic Development Corp.