EUROPE - Innovation Technology Networking with Israel

Arno Froese

The European Institute of Innovation and Technology (EIT) extended its pan-European innovation network to Israel, inaugurating a new hub in central Tel Aviv at a ceremony attended by Israeli and European business leaders.

Established by the European Union in 2008, Budapest-headquartered EIT’s 50 innovation hubs and 1,500 partners across Europe aim to boost innovation and entrepreneurship across Europe by supporting collaboration between business, education and research groups.

The Tel Aviv hub—located at the city’s Azrieli Sarona Tower—is the EIT’s second facility outside the continent, following the launch of a similar hub in the Silicon Valley.

“The relationship between the European Union and Israel is a very close relationship based on history, values and common ways of looking at the future,” said EU Ambassador to Israel Emanuele Giaufret.

“Europe and Israel are close because of trade, but this relationship goes well beyond trade. It touches issues of security, environment, innovation, education and many others. This is why we are here today. The hub that we are opening tonight is about our cooperation in areas of research and innovation.”

EIT also aims to advance objectives set out by Horizon 2020, a research and innovation program established by the European Research Council to enhance the continent’s global competitiveness. The Horizon 2020 program, of which Israel is a member state, has offered nearly $80 billion of funding for innovative research projects since it commenced operations in 2014.

To date, EIT’s operations have powered over 2,000 start-ups and scale-ups across Europe, creating more than 6,100 jobs and in excess of 900 new products and services. Supported ventures, EIT says, have raised more than $1.65 billion in external capital.

“This is about solving the big challenges that Europe and the world faces today,” said EIT Director Martin Kern, citing pressing issues including climate change, digital transformation, food innovation and sustainability., 11 December 2019

Arno's commentary

We note that this European institution, EIT, has included Israel as a member state, although Israel is not geographically located in Europe. The EU ambassador mentions, “The relationship between the European Union and Israel is a very close relationship based on history…” What he left out is Biblical history. One has to keep in mind that, when Jesus was born, Rome was established as the final Gentile superpower on earth. We have reason to believe that, under the Roman system, Jesus will return to Israel and destroy the entire infrastructure—not only of the European Union, but also the world. From Jerusalem, He will establish His righteous kingdom, as documented in Daniel 2:44: “And in the days of these kings shall the God of heaven set up a kingdom, which shall never be destroyed: and the kingdom shall not be left to other people, but it shall break in pieces and consume all these kingdoms, and it shall stand for ever.”

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

Read more from this author

ContactAbout UsPrivacy and Safety