ISRAEL - Innovation Startup Nation

Arno Froese

Israel has truly earned its title of the “Start Up Nation.” The Israeli innovation ecosystem has given birth to a unique environment, within which the Israeli entrepreneur flourishes and thrives. In 2019, Israeli exits were worth a staggering total of $21.7 billion and high tech exports from Israel were worth $46 billion—that’s in one year alone! Mobileye—acquired by Intel for $15.3 billion. Soda Stream—acquired by PepsiCo for $3.2 billion. Wix— raised $7.1 billion in its IPO. And this is just the tip of a very large iceberg.

Israeli startups are addressing pressing worldwide problems in fields as diverse as medical, Proptech and Contech engineering, Agritech, Foodtech and Fintech, with new solutions cropping up every day. 

“Eighty Israeli companies have been launched in 2020 alone to work on solutions to COVID-19-related issues,” explains Investination’s CEO Oded Eliashiv. “That’s the largest cluster of COVID-19-relevant companies from any one country in the world. It is the agility and ability of the tech entrepreneurs in Israel to pivot, to adjust and to be able to address a problem such as the pandemic in zero time, swiftly capitalizing on the opportunities in hand.”  

The disruption caused by Covid-19 reveals a need for a tokenization platform such as SolidBlock. SolidBlock enables investors to build a personal portfolio by choosing each investment, as well as to diversify and de-risk via lower minimum investment amounts.  SolidBlock also improves the efficiency of fund raising by making real estate as liquid and tradable as stocks and by saving intermediaries costs. These practices become ever more important in current tumultuous times.

According to the Global Real Estate Transparency Index, 2020 Transparency, Digitization, Decarbonization, Industry leaders feel that the COVID-19 pandemic could help to fast-track digitization and stimulate innovation in the use of technology. Certainly, the pandemic has highlighted the need for accurate, real-time tracking of activity on construction sites.

Despite Covid-19 posing many challenges for the global economy, 2021 is anticipated to be a record breaking year for Israeli innovation and we anticipate seeing more of the world’s leading corporations integrating Israeli technology on a massive scale. 

-www.jpost.com, 11 November 2020

Arno's commentary

Experts have little to no doubt that Covid-19 is indeed a game changer for the world. For Israel, it’s a plus point, for that nation indeed has earned the title “Startup Nation.”

Covid-19 is a pandemic where no nation is exempt. Israel has led the world in finding solutions, launching 80 companies related to Covid in 2020. 

Doubtless, Israel’s success is envied by those who have not reached their level, which in turn leads to an increase in antisemitism globally.

Our interest lies on the spiritual level. One day, Israel will experience—on the national level—what occurred almost 2,000 years ago on a local level: “And the word of God increased; and the number of the disciples multiplied in Jerusalem greatly; and a great company of the priests were obedient to the faith” (Acts 6:7).

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.

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