26th Sep, 2011

Chamber Announces New Innovation Working Group at Luncheon with Israeli Finance Minister

Chamber Announces New Innovation Working Group at Luncheon with Israeli Finance Minister

Israeli Finance Minister Yuval Steinitz

At a luncheon last week featuring Israeli Finance Minister Yuval Steinitz, the U.S.-Israel Business Initiative announced the establishment of a new Innovation Working Group to showcase the best practices and policies that have propelled Israel into one of the world’s leading generators of entrepreneurship and innovation.

Luncheon Photo Gallery

Israel is a fast growing U.S. partner and generates transformative innovation for American companies.  This allows for the creation of high-skilled, good-paying jobs here at home.  As we re-boot our economy here in the States and as we look towards our entrepreneurs to ensure America’s innovative edge, there are lessons we can learn from our Israeli partners.

The Innovation Working Group will:

  • Convene leading companies and individuals to promote high-growth entrepreneurship in the U.S. based on shared experiences of U.S.-Israeli bilateral relationship.
  • Help develop U.S. and international innovation policy based on lessons learned in Israel as it became an incubator of innovation in areas such as investment in research and development, education, integration from the military to the business world, immigration policy, tax and regulation, and government programs that spur investment and innovation.
  • Educate and raise awareness among Members of Congress and administration officials of the impact of U.S.-Israel commercial relations on innovation and growth.  We will host events, create forums, and provide opportunities for companies to showcase technologies and success stories with U.S. government officials and the broader business community.
  • Partner with other entities such as President Obama’s Start-up America initiative, foundations, and think tanks in order to showcase how the U.S.-Israel relationship is an accelerator of high-growth entrepreneurship around the country.

To learn more about the Chamber’s Middle East and North Africa Affairs department, please visit: http://www.uschamber.com/international/mideast.

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