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The 50,000-square-meter space will house startups, multinational companies, an investment center, and international research and development centers. The launch included participation from nine Jerusalem-based startups. Margalit Startup City aims to drive innovation in areas such as cyber, food technology, digital health, and artificial intelligence. The project emphasizes the role of high-tech in leading economic and social change within the city. It aims to connect Jerusalem to other innovation hubs in Israel and major cities worldwide.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Margalit Startup City","Jerusalem","startups","innovation","economic recovery"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"GAr3Wqz4sYjL2BMrqISXCalVwYArnP7xollRfOci3nllyv4OUKlFIK","news_summary":"Jerusalem innovation, investment and startup quarter opens","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8161e117-8253-4bbc-ae0a-156bc009794d","date":"Sep 15, 2020","link":"https://www.jpost.com/jpost-tech/new-international-innovation-quarter-launched-in-jerusalem-642353","source":"www.jpost.com","visible":1,"analysis":{"tags":"Startup Launch, Innovation, Job Creation","company":"Margalit Startup City","layoffs":"N/A","summary":"Despite the ongoing COVID-19 crisis, Margalit Startup City was launched in Jerusalem by Jerusalem Venture Partners founder and chairman Erel Margalit, along with Mayor of Jerusalem Moshe Lion. The new venture will include a 50,000 square meter International Entrepreneurship and Innovation Quarter to house startups and multinational companies, as well as an investment center and international research and development centers. The initiative is expected to add thousands of jobs to the city. Nine startups, including InnovoPro, Podtech, Healables, Cnvrg.io, Vicarius, Compira Labs, SynergyMed, and Bio-T, were present at the event.","partners":"Mayor of Jerusalem Moshe Lion, InnovoPro, Podtech, Healables, Cnvrg.io, Vicarius, Compira Labs, SynergyMed, Bio-T, Astrazeneca","customers":"N/A","investors":"Jerusalem Venture Partners","confidence":9,"key_topics":["Startup Launch","Job Creation","Innovation","Collaboration","Economic Development"],"date_of_event":"SEPTEMBER 15, 2020","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Investment","Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"1aZg2J9UQwwWEogrlGODi0IEWNH7p1An499wgcpiMsUypbO5ymkwA0","news_summary":"https://www.jpost.com/jpost-tech/new-international-innovation-quarter-launched-in-jerusalem-642353","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"0fc91fc0-2992-46ec-888c-468861aa9a8e","date":"Sep 14, 2020","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3849667,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"expansion","company":"Jerusalem Venture Partners (JVP)","layoffs":null,"summary":"Jerusalem Venture Partners (JVP) founder and chairman, Erel Margalit, announced plans to expand the Margalit JVP Startup City in Jerusalem by more than 50,000 square meters. The expansion will focus on four main areas of Israeli innovation: foodtech, cybersecurity, media, and healthcare. Margalit believes that Israel should follow a more European approach to reopening businesses during the pandemic. He hopes that Israel will eventually take a European approach to managing fluctuating Covid-19 cases. The expansion comes at a time when countries are starting to open up their economies after global lockdowns. Margalit is also involved in establishing a tech ecosystem in New York City. The Margalit Startup City Center aims to be present while abiding by social distancing rules and regulations.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Margalit JVP Startup City","expansion","Israeli innovation","European approach","Covid-19"],"date_of_event":"2020-09-14","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"NbpCZjNjbxJ10jkCx0XymXg9jsfuIYXF8VY18B4PvNdBfSpcCBDTLv","news_summary":"JVP founder launches Margalit Startup City as Israel prepares for second lockdown","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"93205f5a-f602-4503-8640-6b172bcc06ec","date":"Sep 14, 2020","link":"https://www.ynet.co.il/digital/article/ByJo0Ij4P","source":"www.ynet.co.il","visible":1,"analysis":{"tags":"Startup, Technology","company":"Margalit Startup City","layoffs":"N/A","summary":"Margalit Startup City, a new innovation hub, has been launched in Jerusalem. The hub will combine startups, multinational technology companies, investment centers, and research and development centers. It will also serve as a center for social activity. The hub will focus on four areas in which Israel excels: foodtech, cybersecurity, media, and digital health. The new complex, which includes 50,000 new square meters, is expected to add thousands of new jobs in the high-tech sector in Jerusalem.","partners":"N/A","customers":"N/A","investors":"N/A","confidence":8,"key_topics":"Startup, Innovation, Technology, Social Change","date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"EeYaVWtO38vO5jvaQohnnYhMVLMSMjEN5MOFHpKDdUmIsH0eUKduMq","news_summary":"\"תפקיד ההייטק אינו רק להוביל את הכלכלה, אלא להוביל לשינוי חברתי\"","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"}],"timeline":[],"techcommunityinvolvement":null,"affiliatedOrganizations":[{"id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgP7V58EIDA","name":"JVP","type":"Investor","hidden":false,"fullurl":"/investor_page/jvp","logokey":"$dDFzKyKo58pImScZg558W5X0ShSSszWpAl4tfCWuPaAerhjeCI4tuI","logourl":"https://storage.googleapis.com/clean-finder-353810/$dDFzKyKo58pImScZg558W5X0ShSSszWpAl4tfCWuPaAerhjeCI4tuI","onClick":"","visibilityClassName":"","visibilityTooltip":""},{"id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAkIjw-4EKDA","name":"Studio.Galil","type":"Entrepreneurship Program","hidden":false,"fullurl":"/program_page/studio-galil","logokey":"$qpdVIAv8XcoqaWpypBDw8iRrRXMJbI65PAB3rndOIF1tPiyi9UqCbb","logourl":"https://storage.googleapis.com/clean-finder-353810/$qpdVIAv8XcoqaWpypBDw8iRrRXMJbI65PAB3rndOIF1tPiyi9UqCbb","onClick":"","visibilityClassName":"","visibilityTooltip":""},{"id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAkLjosJEIDA","name":"Margalit Startup City Haifa","type":"Accelerator","hidden":false,"fullurl":"/program_page/margalit-startup-city-haifa","logokey":null,"logourl":"/assets/hubs-icon.svg","onClick":"","visibilityClassName":"","visibilityTooltip":""}],"tags":["cloud","computer-vision","iot","artificial-intelligence"],"investmentstage":[],"exits":[],"investments":[],"portfolio":[],"funds":[],"founded":"9/2020","contributors":[],"employeesworldwide":"","fundingtype":"","parsedName":"Margalit Startup City Jerusalem","logourl":"https://storage.googleapis.com/clean-finder-353810/$lU4INjLvX53ohUkMbgNw6PhAUeFWKIcA2giUqxTSv4Eu59kTSiiBaT","oglogourl":"https://storage.googleapis.com/clean-finder-353810/$lU4INjLvX53ohUkMbgNw6PhAUeFWKIcA2giUqxTSv4Eu59kTSiiBaT","teamMembersNumber":2,"nationality":"Israeli","communityinvolvement":[],"officespacesstr":"YES","popup_claim_profile":"false","claimedBadge":"none","display":{"mainContact":"none"},"mainContact":{}}