Israel’s Start-Up Nation Central and India’s International Center for Entrepreneurship and Technology (iCreate) signed a memorandum of understanding (MOU) today in which the two organizations declared their intent to accelerate innovation and technology cooperation between startups and corporations from Israel and India.
iCreate states that it goals is to facilitate new age entrepreneurial pursuits of youth that focus on innovative applications for wealth generation, employment creation and global competition.
India’s Economic Times reported that the purpose of this program is to bring together Israeli and Indian entrepreneurs and startups to join forces on innovative projects.
Yet another example of Startup Nation starting up 5781 on a positive note. At the end of 5780 Israel opened diplomatic ties with the United Arab Emirates and a flood of business and investment deals broke through the new opening. India was once much more hostile to Israel, being more aligned with the Eastern world against the West. But recent years have seen a growth in the Israel-Indo business relationship proving once again that money talks and certain other things walk.
iCreate tweeted, “India’s leading startup incubator, iCreate, and the global champion of Israeli innovation, Start-Up Nation Central, will be signing a Memorandum of Understanding to collaborate on Strategic Innovation.”
India's leading startup incubator, iCreate, and the global champion of Israeli innovation, Start-Up Nation Central, will be signing a Memorandum of Understanding to collaborate on Strategic Innovation.
Please use the link below to connect: https://t.co/Ld9ROPXrEt pic.twitter.com/4jjkpQ6j2y
— icreate NextGen (@icreateNextGen) September 22, 2020
Dr. Ron Malka, Israel’s Ambassador to India said, “Today we close a circle. A circle that started in 2018 when PM Modi and PM Netanyahu inaugurated this important incubator, iCreate, and now, two years later, we are signing, on the very spot where they stood, an MoU on innovation between Israel’s Start-Up Nation Central and India’s iCreate. This agreement is an important milestone in the growing innovation collaboration between Israel and India and stands in line with the visions of the Prime Ministers. Israel has the most startups per capita worldwide, and India is the top innovation destination in Asia. Together, both countries continue to form partnerships and collaborations in technology and innovation to solve a range of global issues like Covid 19, renewable energy and more, implementing high end technologies like AI, big data analysis and more.”
“This MOU is an important step in realizing the potential of the India-Israel relations in the field of innovative technologies,” said Prof. Eugene Kandel, CEO of Start-Up Nation Central.
“I’m confident this partnership will pave the way for more Israeli startups to collaborate with Indian organizations and firms to develop and implement cutting-edge Israeli technologies that address India’s and the world’s most pressing needs. We look forward to collaborating with iCreate Israeli partners to jointly develop solutions to the current challenges in India.”
Two years ago, Israeli Prime Minister @netanyahu and Indinan Prime minister @narendramodi expressed a shared vision: to bring together Israeli and Indian entrepreneurs. Today we turned their vision into reality!https://t.co/qV28uqKtr0
— Start-Up Nation Central (@StartUpNationHQ) September 22, 2020
iCreate is an independent center which facilitates “Next Generation Entrepreneurship” and blends creativity, innovation, engineering, product design and leverages emerging technologies to evolve out-of-the-box applications.
The primary goal of the Center is to create a large quantity of quality entrepreneurs. Towards this objective, it aims to seed a new ethos wherein people will understand and encourage entrepreneurship as a preferred career option. The Center also engages with the government to help evolve enabling policies.
Start-Up Nation Central is an independent non-profit that builds bridges to Israeli innovation.
It connect business, government, and NGO leaders from around the world with Israeli innovation, offering Israeli innovators access to high-potential and previously inaccessible markets, through highly customized business engagements, and through Start-Up Nation Finder – an easy to use, up-to-date, free online platform for discovering and connecting with the thousands of relevant innovators.