Background
In 2014, Israeli start-ups raised a record $3.4Billion. Israeli high-tech and life sciences capital raising set an all-time record as 688 companies raised $3.4 Billion. In the last 3 years, the activity between China and Israel in the field of investment has risen significantly and is expected to grow in the coming years.
Israel’s well-known ability for talented and unique startups, which lead to successful Hi-Tech companies are the building blocks and now foundation for what Israel, in general, has become to be known as a Start-Up Nation.
ICi Ltd. is located in Haifa, the heart of Israel’s Ecosystem and the the northern capital of Israel.
The unique ecosystem of Haifa’s most sophisticated, Hi-Tech companies, medical centers, hospitals and universities have made it an attractive destination for Chinese companies, investors and distributors.
ICi identifies with the markets’ challenges in identifying and developing sustainable business relationships and business partners between Chinese and Israeli companies. A more focused approach to building business support and trust is needed to bridge the gap with respect to perceptions, expectations,, cultural difference, business processes and business models between Israel and China can be challenging for many to overcome. Undeniably, there is tremendous potential to leverage resources beyond government support and involve multiple stakeholders to work together, and we here at ICi believe that we can play a critical role in bridging those gaps.
When it comes to Chinese and Israeli businesses working together, both Chinese and Israelis recognize the need for more general business support, such as training relating to Chinese and Israeli culture and participation in trade delegations and exhibitions. In addition, many people on both sides of the table need a more focused business approach to identify a suitable business partner in China and Israel. Such support requires business advisors who can do the research, have the practical hands-on experience and existing relationships and are culturally aware of the differences and synergies to maximize the relationships and build mutually beneficial bonds in both the short and long-terms.
The success of the Israeli / Haifa Ecosystem and its potential to increase collaboration with the Chinese people can be attributed to a variety of factors including education, top R&D facilities, government support and incentives, successful VC and private equity platforms in both China and Israel.
ICi’s team contain experts in developing, operating, promoting and advancing both startups and mature Hi-Tech companies and have acquired a unique set of skills and successful track record from years of successful execution operating in Haifa’s exceptional Ecosystem.