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ARTICLE · 12 APRIL 2016

Innovation Puts Israel In The Spotlight

Israel is a place where ideas are taken seriously and seeds of innovation are given the right conditions to grow.

IsraelInternational Law

Israel is a place where ideas are taken seriously and seeds of innovation are given the right conditions to grow.

With more than 1,000 new startups every year, Israel has established itself as a hub for new technologies, research and development. In fact, the Middle Eastern country of eight million people attracts more venture capital per person than any other country in the world, and it's easy to see why.

Israel's economy is robust, maintaining a growth rate higher than most developed economies. The nation's workforce is highly educated (47% have tertiary education compared to the OECD average of 33%).

The country has fostered a pro-business environment, nurtured further by a comprehensive suite of government incentives in three main categories:

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