Israel, India join hands to accelerate tech innovation
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Ahmedabad, September 23: Israel’s Start-Up Nation Central & India’s International Centre for Entrepreneurship and Technology signed A Memorandum of Understanding (MoU). This will enhance in expanding PM Narendra Modi and Israel PM Benjamin Netanyahu vision to accelerate innovation & technology cooperation between start-ups and corporates in India and Israel.
Professor Eugene Kandel, CEO of Start-Up Nation Central from Jerusalem, and Anupam Jalote, CEO of iCreate from Ahmedabad signed the MOU in the presence of Dr. Ron Malka, Israel’s ambassador to India, and Yaakov Finkelstein Professor Vijay Raghavan, principal scientific advisor the government. During this Gujarat chief minister, Vijay Rupani also sent his best wishes for the program.
Spurring more innovation links between one of the world’s largest startup ecosystems and the Startup Nation. Amb Sanjeev Singla spoke at the signing of the MoU between @iCreateNextGen and @StartUpNationHQ today. #IndiaIsrael pic.twitter.com/J9QLSh8wdK
— India in Israel (@indemtel) September 22, 2020
In this MOU iCreate and Start-Up, Nation Central will initiate a unique Online Acceleration Program for market penetration to work with relevant technologies that match up to requirements of Indian corporations. iCreate was established in 2012 under the support of EX Chief Minister of Gujarat Narendra Modi to create a hi-tech start-up ecosystem.
This agreement is an important milestone in the growing innovation collaboration between Israel and India and stands in line with the visions of both the Prime Ministers. The program will begin by defining a set of challenges that will then be shortlisted to the most relevant solutions and technology providers. This will be followed by a matchmaking mechanism that will be developed by leveraging both countries' networks to support the process of adaptation and piloting these solutions in India.
Combine Gujarati 'Jugad' with Israeli 'Chutzpah' and what do u get? Amazing opportunities! @icreateNextGen Gujarat & #Israel's @StartUpNationHQ signed today an MOU for cooperation on #innovation. Thus, realizing PMs @narendramodi & @netanyahu's vision while inaugurating I-Create pic.twitter.com/k09VjjmTPA
— Yaakov Finkelstein (@Yaakov_FINKLSTN) September 22, 2020
In recent years, Israel-India ties have developed into a strategic partnership but it gets stronger especially since the beginning of the COVID-19 pandemic. The two countries have collaborated on several joint ventures from Operation Open Skies to the integration of Israeli medical equipment and technologies in Indian hospitals.
Ambassador of Israel to India, Dr. Malka said, “Today we close a circle. A circle that started in 2018 when PM Modi and PM Netanyahu inaugurated this important incubator, iCreate, and now, two years later, we are signing, on the very spot where they stood, an MoU on innovation between Israel’s Start-Up Nation Central and India’s iCreate."
Malka added that together, both countries continue to form partnerships and collaborations in technology and innovation to solve a range of global issues like COVID 19, renewable energy, and more, implementing high-end technologies like AI, big data analysis, and more.