Monthly News

September 2014 EDI News

Israel Ranks 3rd Worldwide in StartmeupHK Venture Program

Invest Hong Kong’s annual StartmeupHK Venture Program has now closed out its application phase.  Of the 547 applicants worldwide, Israel ranked third with 53 companies.  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’s interest is in having these companies setup their Chinese headquarters there.  EDI represents the investment promotion interests of Invest Hong Kong in Israel.

Pennsylvania International Week Scheduled for September 15-19

Pennsylvania’s Center for International Trade Development will hold 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, will represent the company 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 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 six 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.  EDI is performing this work 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.  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.