Feb. 23, 2017
The U.S.-Israel Economic Bond – Jon Medved (Washington Times)
Despite having a tiny population of eight million people, Israel is playing a crucial role in helping to power the U.S. economy for the next generation.
Innovative startups create new jobs. As the U.S. looks to encourage more business growth, Israeli technology startups launching in the U.S. will be a big part of the answer.
According to a recent Massachusetts-Israel Economic Impact Study, Israeli-founded businesses generated $18.1 billion in economic impact for Massachusetts alone in 2015, which is 4% of the state’s GDP.
Over 200 Israeli-founded businesses in greater Boston created 28,000 jobs.
American companies accounted for two-thirds of the 300 multinational research and development centers in Israel.