Baker-Polito Administration Announces Delegation for Israeli Economic Development Mission
Nearly 50 private, public and academic sector leaders to showcase Commonwealth’s economic competitiveness for Israeli firms
BOSTON – The Baker-Polito Administration and the New England-Israel Business Council (NEIBC) today announced the business delegation attending the administration’s upcoming Economic Development Mission to Israel, including nearly 50 leaders and over 20 presidents and chief executive officers in digital health, cybersecurity, public policy, academia, and other industry sectors. The mission is focused on leveraging the Commonwealth’s unique and innovative economic climate to welcome Israel’s global leadership in cybersecurity and digital health.
“Massachusetts is home to many of the world’s leading innovative companies, accelerators and educational institutions, as well as an economically competitive climate prepared to host the world’s emerging digital health and cybersecurity industries,” said Governor Baker. “We are pleased to have many of the Commonwealth’s top executives, business and academic leaders joining us to share with their Israeli counterparts our strengths and their own reasons for choosing Massachusetts.”
Massachusetts recognizes a thriving digital health ecosystem, with nearly 300 innovative companies and 10 digital health innovation programs and accelerators, including an initiative announced by Governor Baker earlier this year. Cybersecurity continues to be one of the major economic growth drivers between Israel and the Commonwealth’s robust research, investment, capital and talent sectors.
The mission will build on the Commonwealth’s unique and existing relationship with Israel. According to the NEIBC’s 3rd edition economic impact study, Israeli-founded companies in Massachusetts booked over $9 billion in revenue in 2015 – nearly 4 percent of the state’s Gross Domestic Product (GDP) – and employed 9,000 workers.The study also found that the growth rate of Israeli companies in Massachusetts is four times that of the Massachusetts economy as a whole.
Over the course of the mission, the Governor and delegation members will participate in various forums and site visits with Israeli partners seeking to do business in the Commonwealth announced earlier this week. The administration is partnering with the New England Israel Business Council (NEIBC), with the support of Combined Jewish Philanthropies (CJP) to host the mission at no cost to taxpayers.
The delegation will include representatives of nearly 50 private, non-profit, public and academic sector partners, Combined Jewish Philanthropies, Jewish Community Relations Council and members of the Baker-Polito Administration, including:
Baker-Polito Administration, Public, Non-Profit and Academic Sector Partners
About New England-Israel Business Council
The mission of the New England-Israel Business Council is to increase economic development in Israel and New England by fostering cooperation, investment opportunities and business relationships and by leading a vibrant Israeli-minded Business Community in New England. NEIBC provides a varied and diverse program of activities and events and facilitates connections between the Israeli and New England business communities and offers advice on doing business in these two regions. www.neibc.org.