Embassy of Israel
Israel is a small state with one of the most vibrant technological economies in the world. The country is especially successful when it comes to the government initiatives to support so-called ‘start-up’ enterprises. Its start-up sector is ranked second in the world only after Silicon Valley. In Israel, start-up enterprises are subsidised by the government making it relatively easy to realise new technological advancement from mere ideas. These start-ups can, with funding from the government, create new technologies that sometimes turn out to be global breakthroughs. Although these subsidies are extra costs for the government, they result in economical boosts that eventually might greatly enhance the national economy and the export. As Israel, the Netherlands is a state that relies on export of technology. Therefore, cooperation between the Netherlands and Israel in this area can be effective to stimulate the Dutch economy.
The IRSP will investigate together with the Embassy how government incentives have contributed to the development of Israeli start-ups and whether and how this policy can be useful to the Netherlands.
If you want to learn more about the Embassy of Israel in the Netherlands, visit the website http://embassies.gov.il/hague/Pages/default.aspx.