Unterstützung für Achgut

  04.02.2012   11:56   +Feedback

Tel Aviv: Silicon Valley of Europe

Who is going to be Europe’s main technology hub? While London and Berlin both see themselves as claimants to the title, if you look at the numbers (and you take a Eurovision Song Contest view of the Continent) arguably neither can challenge Tel Aviv. According to a report commissioned by the city, Tel Aviv and its surrounding area, hosts more than 600 early stage companies. Access to venture capital is, per capita, 20-fold greater in Israel than in the rest of Europe. “If you take the amount of VC per capita, in Europe, it is $7. In the U.S. it is $72. In Israel it is double that,” Jan Müehlfeit, Microsoft’s European chairman asserted last year. More here

(Dr. Benny Peiser)


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