Jerusalem leads the pack among global technology hubs, according to a Time Magazine report that featured five top start-up cities. The report admires Jerusalem’s “extraordinary blend of history and modernity”, unlike any other city in the world.
The ancient Biblical city earned the top slot for its flourishing start-up ecosystem which is home to bio-tech, clean-tech and IT-based start-ups. The city offers outstanding support system for potential entrepreneurs with shared work-spaces, accelerators, and investors.
Grassroots initiatives and communities like ‘Made in Jerusalem’ provide platforms to connect the city’s start-up ecosystem, helping more than 400 start-ups and thousands of Jerusalem-based entrepreneurs to find partners, mentors and investors. A new culture of networking and connectivity is emerging among the technology savvy youth, not seen in the city before.
Prestigious academic institutions like Hebrew University and others replenish the local start-up ecosystem with fresh flow of talent.
Tel Aviv is globally recognised as the second-most important Tech Hub after Silicon Valley, California. Connectivity and proximity to Tel Aviv play a significant role in positioning Jerusalem as the leading emerging technology centres in the world.
Jerusalem, the biblical City on the Hill, is today claiming its stake as the emerging new “Silicon Valley” of the East.
