About the Consulate
The Consulate General of Israel serves the Pacific Northwest Region of the United States: Northern California, Oregon, Washington, Idaho, Montana and Alaska.
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Friday, 25 November 2011 10:40
A recent article by BBC, entitled "How Israel Turned Itself Into A High-Tech Hub," deals with the question of how a country of fewer than 8 million has produced almost 4,000 active technology start-ups. This is more than any other country, outside the United States, according to the IVC Research Center. The flow of venture capital has helped to make this industry so successful, as $884 million was invested in these companies in 2010 alone. This increases the value of high-tech exports, which already represent more than 45% of Israel's total exports, according to the Central Bureau of Statistics.
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