Israel launches fund to entice institutional investment in tech firms
ETtech.com -

Israel's government has launched a new fund to encourage institutional investors to boost investments in high-tech companies, the Israel Innovation Authority said on Sunday. The tech sector is a key driver of Israel's economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income. The high-tech sector is a central and significant pillar of the Israeli economy, and we must ensure diversity in its sources of funding, said Finance Minister Bezalel...

In related news

  • Northern tech firms call for regional digital investment fund

    A group of tech companies in the north of England have called for the creation of a Manchester-based digital investment fund to help challenge the “dominance of London and the South East”. Industry body Manchester Digital and several tech firms based in the north or with a significant northern presence – including Auto Trader, BT […]

  • Recycling firm launches annual community fund

    In support of the commitment to its local communities, The NWH Group is aiming to empower local charities to sustain their vital community-based activities. The company first launched its community fund in 2016 and has since donated £168,000 to good causes. The fund, which is open now for applications, operates on a transparent and inclusive basis. Charities aligned with the NWH Group's core pillars of support, operating and supporting the local communities in which it operates, will be eligible...

  • Climate tech heavyweights EQT, Contrarian launch investment 'playbook'

    More than 50 European VCs and startups have joined forces to launch Climate Brick — a new community designed to fast-track investment in green technologies. Climate Brick launched today along with what its founders claim to be one of the most comprehensive climate tech studies ever conducted. The report, featuring interviews with 100 climate experts and 3,000 companies, offers a roadmap for climate tech startups looking to scale. “We really needed a common vocabulary and playbook for...