UK Israel Tech Hub Overview
The UK Israel Tech Hub is a not-for-profit venture operating out of the British Embassy in Israel, with offices in London. The Hub promotes tech and innovation partnerships between the two countries, focusing on areas with high potential for partnerships, such as cybersecurity, future retail, insurtech, edtech, healthcare, smart mobility and smart cities. Since 2011 the Hub has helped facilitate more than 175 bilateral tech partnerships, with market worth of over 800 million. The Hubs activities are tailored for British companies looking for cutting-edge innovation and for Israeli tech companies seeking to grow through the United Kingdom. Activities include business delegations, innovation advisory projects, bespoke visits, conferences and workshops, and networking events.
Latest News
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UK Ambassador: “I don't think anyone comes to Israel and is not convinced that technology is the future” | CTech
Neil Wigan, the outgoing UK Ambassador to Israel, has reflected on his time in the role, highlighting the partnerships between the two countries in technology and science as a point of pride. During his tenure, the UK-Israel Tech Hub, a non-profit established in 2011, facilitated 250 tech partnerships, generated £1.2 billion ($1.3 billion) in Foreign Direct Investment (FDI) from Israel to the UK, and created 16,000 UK jobs. Wigan also praised Israels ability to turn academic research into business propositions. The Free Trade Agreement (FTA) between the two countries, currently under negotiation, was also discussed.
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Mapping the EdTech Landscape in the Time of Coronavirus
The UK Israel Tech Hub is curating an interactive EdTech Startup Map to showcase solutions to challenges in education as a result of Covid-19. The map will be unveiled on May 18 and will highlight the need for increased investment in the EdTech sector. The goal is to demonstrate the impact and growth opportunities in EdTech and the importance of investing in the sector. The map will showcase solutions in K-12 education in the UK and Israel. The UK Israel Tech Hub aims to assist UK corporates tap into innovation from Israel and has been active in encouraging innovation in education in both countries. The Hub has received hundreds of applications for the map, showing the potential in the EdTech sector.
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UK Israel Tech Hub Launches 2020 Program With a Focus on Healthcare
The British Ambassador to Israel, Neil Wigan, stated that the U.K. could benefit from Israels medical technology capabilities at the launch event of the TeXchange program in Tel Aviv. The program, initiated by UK Israel Tech Hub, focuses on healthcare innovation for 2020. Trade relations between the U.K. and Israel have been growing, with $11 billion-worth of goods and services exchanged between the two nations in 2018. Representatives from various technology providers spoke at the event, highlighting the challenges of working in the U.K. and the complexities of the U.K.s National Health Service (NHS). Brexit was also a major topic of discussion, causing uncertainty and regulatory issues.
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The UK's growing tech trade ties with Israel
Israeli maritime data firm Windward plans to invest more in London despite Brexit, citing the opportunities in the UK. The UK Israel Tech Hub, a government scheme launched in 2011, has been successful in boosting business links between the two countries. The scheme helps British firms find Israeli technology and assists Israeli technology businesses in selling their products and services in the UK. The value of Israeli investments in the UK has grown by 33% since the Brexit referendum, reaching £152m in the year following the decision. The UK government is now looking to replicate the model with other countries. Windward founder Ami Daniel believes that these new hubs will help companies from other countries expand into the UK.
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Team Members
3
Web & Social Links
| Website | www.ukisraelhub.com/ |
Locations
HaYarkon Street 192, Tel Aviv-Yafo, Israel
Photos & Videos
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