During Solidarity and Trade Mission, Governor Cuomo and Israel Innovation Authority Announce $2 Million Partnership Agreement to Foster New Economic Development Opportunities Between the Two States

Posted to Applied Web NY on Thu, 06/27/2019 - 12:46

Governor Andrew M. Cuomo today announced a $2 million partnership agreement with the Israel Innovation Authority for two new programs that will further strengthen economic development ties between New York State and Israel. Empire State Development will sign a Declaration of Intent with the Israel Innovation Authority to cooperate on the co-development and commercialization of innovative solutions in the fields of cybersecurity, supply chain, smart cities, energy, unmanned aerial vehicles, life sciences and other areas. As part of the agreement, New York State and Israel will establish a Smart Cities Innovation Partnership, a new initiative that will share innovative technologies, research, talent and business resources between cities in New York and Israel. The Governor also announced that New York State's Hot Spot and Incubator programs will now implement a new focus on Israeli companies who want to invest in the Empire State.

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