Weather
Monaco, MC
scattered clouds
11.5 ° C
12.2 °
10 °
76%
2.6kmh
40%
Mon
16 °
Tue
13 °
Wed
12 °
Thu
12 °
Fri
17 °
Breaking News

Transport disruptions expected to continue as union strikes roll on throughout France

MEB reports back from Tel Aviv

MEB reports back from Tel Aviv

By Staff Writer - June 28, 2017

Photo: Arie Zief, Vice-President of the Federation of Chambers of Commerce of Israel and Michel Dotta, President of the Monaco Economic Board, sign cooperation agreement between the two organisations.
Photo: Arie Zief, Vice-President of the Federation of Chambers of Commerce of Israel and Michel Dotta, President of the Monaco Economic Board, sign cooperation agreement between the two organisations.

The Monaco Economic Board (MEB) has reported that its economic mission to Tel Aviv from June 19 to 22 was a considerable success. Twenty-six people representing 19 companies from the Principality made the trip in search of new opportunities. Multiple meetings, conferences, and networking sessions allowed the entire delegation to discover the “Startup Nation”.

Work began in the conference rooms of the Royal Beach Hotel, where the MEB organised a business forum in partnership with the Federation of Chambers of Commerce of Israel (FICC). After the bilateral presentations and the signing of a cooperation agreement between the MEB and the FICC, participants took part in an intense B2B appointment session that lasted almost three hours.

In total, no less than 160 contacts were established, 42 percent of which were described as useful, which is a very promising ratio, the MEB said. A total of ten projects were initiated during the mission.

MEBTELThe next day, Wednesday, June 21, delegates witnessed the extraordinary dynamism of the new economy in Israel, the country that has the most startups per capita in the world and which has seen the birth of many unicorns.

A session hosted on the Google Campus saw entrepreneurs from the Principality attending a conference in which several high-quality speakers outlined the recipes for their success, such as Zvi Limon, partner in the venture capital fund Magma VC, specialising in ICT investments. According to him, the success of the country is explained by its corporate culture with a true taste of risk and the excellence of training.

With this positive image, access to capital is relatively easy. Investment in ICT in Israel has gone from €339 million ($385 million) in 2010 to nearly €4.4 billon ($5 billion) in 2016.

READ ALSO

Monaco Economic Board finds success in Moscow

READ ALSO

Economic Board in top gear

 

shares
SHARE
Previous articleMonaco gives funds to fight wildlife crime
Next articlePrince hosts President at Astana Expo

daily

December 6, 2019 | Business & Finance

Monaco hosts World Top Model final

Cassandra Tanti

For the first time, Monte Carlo will play host to the World Top Model final, set to take place on 14th December at the Fairmont Hotel.

0
December 5, 2019 | Business & Finance

Major step forward for gay rights in Monaco

Cassandra Tanti

Same sex couples in Monaco will be able to benefit from a host of legal rights afforded to married couples and their children, under a new Free Union law that has just been passed by the National Council. After reading a very detailed report by Pierre Van Klaveren on bill 974 and the civil contracts of […]

0
Cassandra Tanti

Princess Charlene of Monaco has shared what life is like raising her strong-willed twins in a new interview published recently. The South African born Princess also revealed that her husband, Prince Albert, is a “fun” father who personally takes his kids to school every day.

0
Stephanie Horsman

Monaco’s National Day, celebrated on Tuesday, was filled with all wonderful pomp and ceremony the people of the Principality have come to expect, but this year, the crowds had even more. Everyone was positively enchanted by the nearly five-year old princely twins, who adorably made the day. National Day, held every 19th November, is about […]

0