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The Israeli Economic Success Story
Israel has the highest ra*o of university degrees to the popula-on in the world. Israel produces more scien*fic papers per capita than any other na-on by a large margin -‐109 per 10,000 people -‐ as well as one of the highest per capita rates of patents filed. In propor*on to its popula*on, Israel has the largest number of startup companies in the world. In absolute terms, Israel has the largest number of startup companies than any other country in the world, except the US (3,500 companies mostly in hi-‐tech). Israel is ranked #2 in the world for venture capital funds right behind the US. Outside the United States and Canada, Israel has the largest number of NASDAQ listed companies.
It’s the Culture…
“Chutzpah” Mixed Culture Military Service It is all about the people!
Israeli Entrepreneurship Eco -‐ System
Crea%ng Entrepreneurial Communi%es
What are the significant levers to accelerate innova%on & entrepreneurship in your community? What does success look like? What’s holding it back? What needs to change? How can you help?
What is needed?
Local high impact entrepreneurs lack t h e r e s o u r c e s , r e l a - o n s h i p s , knowledge, and networks they need to reach their full growth poten-al.
Right Now!
Start by networking Find one person in this room who you DO NOT KNOW Introduce yourself and ask what is happening in his/her hometown to encourage entrepreneurship or to build an entrepreneurial community Share what you are doing in your community Exchange business cards, follow up!