SIGN UP FOR THE BREITBART EMAIL NEWSLETTER

Israel To Host First ‘Innovation Launching Pad’ For Australian Entrepreneurs

Israel has become the first pit stop in the Australian Government’s mission to create innovation “launching pads” across the world.

Israel’s Tel Aviv was touted as the equivalent to Silicon Valley when Australia’s Prime Minister Malcolm Turnbull and Innovation Minister Christian Pyne announced the international focus of their $1.1 billion “ideas boom” strategy last week.

Israel — which has a population of eight million — is home to thousands of technology start-ups raising billions in capital.

The small country has the third highest number of companies listed on the Nasdaq stock exchange in New York and locals have even dubbed the cluster of high-tech companies around Tel Aviv as “Silicon Wadi” — the term in Hebrew and Arabic for valley.

Read more at ABC News Australia

P.S. DO YOU WANT MORE ARTICLES
LIKE THIS ONE DELIVERED RIGHT TO YOUR INBOX?
SIGN UP FOR THE DAILY BREITBART NEWSLETTER.


Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.

SIGN UP FOR THE OFFICIAL
BREITBART EMAIL NEWSLETTER

GET TODAY'S TOP NEWS DELIVERED RIGHT TO YOUR INBOX

I don't want to get today's top news.

x