Until a few months ago, it was a family road. Israeli founders come together to create a generation that solves a challenge that exists in a giant market and quickly seeks to expand into New York or Silicon Valley in search of U. S. funding, consumers, and skills in creating a global business. It is a style that has been shown over and over again, with wonderful good fortune. In fact, the good fortune that the Israeli generation replaced its nickname startup nation to Scale-Up Nation. 19 hits and all replaced.
As a result, those American generation centers are no longer as attractive. NYC has suffered an economic hit, as many have fled the city and thousands of businesses closed, while California is expected to take more than two years to recover from the effects of the seven-month long past, if not longer. The coronavirus disease has also slowed some of the momentum that New York has built in recent years in terms of the progression of the Israeli generation. has remained eerily robust despite Covid-19, according to a recent Work-bench report, some of the newer projects, such as the creation of Cyber NYC and the status quo of a strong Israeli-generation ecosystem in New York. , have been affected by restrictions and security measures.
This replacement, as well as the new normality of commercial purposes that work in practice, has opened the door to new radar generation centers eager to attract wonderful Israeli talent. This new opportunity has the prospect of driving the expansion of these lesser-known generation centers. cities and surrounding areas, while providing a much more affordable lifestyle, a balanced lifestyle and a support network for promising entrepreneurs.
Three centers are competing in Startup Nation: Tulsa, Cleveland and Miami.
Tulsa: affordable, welcoming, livable
Located in central Oklahoma, Tulsa is a power plant, positioning itself as a means for interconnected verticals such as virtual health, force technology, drones, cybernetics and analytics. One of the main drivers of innovation is the University of Tulsa, one of the largest. NSA and security food programs, as well as other world-class educational institutions, that have helped expand a significant amount of skills in the region.
Elon Musk has thought about opening Tesla’s Gigafactory truck in the city. Added to this is the new Tulsa Remote, which provides staff with a monetary incentive and comfortable landing in a new city, as well as a thoughtful, community-based technique to attract remote personal talent to Tulsa and you can see why more and more young people are attracted to a city that offers affordable employment opportunities and habitability.
However, building a logo and emerging above noise remains an arduous task. This is where employing Israeli technological skill can make history much better. Michael Basch, managing spouse of Tulsa-based Atento Capital, knows there is a small window of opportunity to attract Israeli skill to Tulsa and has made it a non-public mission. “We believe we have the foundation for a suitable generation ecosystem: company-backed startups, a strong university, software and sales skills, cutting-edge coworking space, we all believe Tulsa is a hidden gem in Heartland.
Atento Capital recently invested in two high-level Israeli venture capital firms, Team8 and Hanaco Ventures, committed to exposing their startups to Tulsa’s developing technology talent, but for Basch, this is just the beginning. He needs more and is willing to devote more resources to this mission. “For Israeli corporations to expand to Tulsa, we will offer twinnings for relocation, visa assistance, flexible hiring services, free workplace space, presentations for potential consumers and potential investors, among other benefits. We need to give Israeli corporations unfair merit in their expansion by opting for Tulsa. »
Cleveland: The City of Return
In recent years, Cleveland has gone through an update as new generations update factory corporations decades ago and jobs related to industries. Conducted through the Cleveland Clinic and its acceleration program, Cleveland has become a fitness generation center, accelerating the progression of clinical discovery in advertising products that improve the patient’s fitness. In addition, an active venture capital network aimed at innovation in the Midwest, hungry vendors and local government help, and suddenly the center of the country is a technological hub for Israeli founders.
Scott Shane is a Mixon Professor of Entrepreneurship at Case Western Reserve University and Managing Director of Comeback Capital, a start-up fund aimed exclusively at financing and accelerating new businesses in the Midwest, so they can grow and secure funding from the largest venture capital firms in New York and Silicon Valley. Shane is convinced that the most recent pandemic is a watershed for the progression of this tech scene. “Covid-19 has radically replaced options in the U. S. Where new Israeli tech companies want to go,” he says, bringing the desire to attract consumers and distributors as the ultimate attraction to come to Cleveland.
Shane mentions that things are radically different in a post-coronavirus world: “Before the coronavirus, if corporations targeted production generation or generation corporations that provide packaged customer goods services or logistics corporations, they would want to approach their customers, which gets like Midwest or Southeast, but pushing them toward New York and the Bay Areas was the desire to get skills and money.
The money is still concentrated in the Bay Area and New York, however, VCs are becoming more comfortable making an investment in corporations outside the gates of New York and San Francisco, taking the initial meetings in a practical way and seeing that the founders running in Tel Aviv and Indianapolis are not as good. . different from the founders running in Tel Aviv and New York. The end result is a broader geographical extension of the location of Israeli start-ups in the US. America to a larger component of the core of the United States. “
Miami – Sunshine State
Outside of New York and Los Angeles, Miami is strengthening one of the largest Israeli communities in North America. However, generation has never played a vital role. Now an israeli organization is looking to replace that by creating a generation network in the Sunshine State. . Miami offers a lot to Israeli marketers: a bridge to Latin America, a strong pro-Israel network in South Florida open to new Israeli businesses and abundant sun.
Today, an organization of genuine Israeli real estate entrepreneurs, the city and local generation communities like Refresh Miami are looking to build a ”technological bridge” between Miami and Israel, basically around 4 vertical sectors: virtual health, technology, logistics and Uri Adoni, CEO of Mana Tech, is a long-time Israeli venture capitalist and author of the recent publication , The Unstoppable Startup, which stores the secrets of Israel’s incredible track record in creating innovative new companies. build a bridge between Israel and Miami.
For Adoni, expanding to the United States is one of the ultimate and difficult responsibilities of a small Israeli startup, and this is where Miami can make a difference for Israeli founders. “Since Israel is a small country, one of the most demanding situations it faces. The maximum of all new Israeli companies is how to grow your business around the world at an early stage.
This global expansion includes facets such as the creation of the legal entity, the hiring of the right people, the right tax structure, the planning of the right marketing campaign and, more importantly, the creation of a cheap product talking to so many people. potential consumers. Local technology centers in the United States, such as Miami, can simply be a wonderful “landing pad” for these new businesses, as long as they can help them expand and penetrate the U. S. market. “
These 3-generation centres are making concentrated efforts to attract the Israeli skill and opportunity presented to them by Covid-19. It remains to be seen.
I am a co-founder and spouse at ICONYC labs, a value-added investor for the most productive new Israeli generation companies seeking success in global corporations through NYC.
I am a co-founder and spouse at ICONYC labs, a value-added investor for the most productive new Israeli generation companies looking to become successful global corporations through NYC. To date, I have invested and begged more than 150 corporations that have raised more than $200 million in venture capital. Born in Tel Aviv and trained in New York, my hobby has been to fuse those two tough technological ecosystems and give birth to exceptional Israeli entrepreneurs. Follow me on Twitter at eyalbino