From MLive:
Gov. Rick Snyder met with Israel Prime Minister Benjamin Netanyahu and other government and business leaders as he toured the Middle Eastern country during an investment mission.I didn't even know GM has a facility in Israel.
The Republican governor is interested in Israel's budding startup businesses, particularly in automotive, defense, water technology and research.
He was last in Israel 14 years ago as a venture capitalist.
"I had a chance to see the start of high-tech boom in Israel and that's great to see," Snyder said in a phone call from Israel. "This is really a startup nation. They've done a great job of being entrepreneurial, innovative, and that's a major part of their economy now and the good part is we can learn from that."
He signed a letter of intent with the country to work together on industrial research and development, and create the framework for future cooperation between Michigan and Israeli companies.
Snyder has met or plans to meet with people from a few different industries, including:
Automotive: He met with several automotive company representatives and visited the General Motors Advanced Technical Center Israel in Herzliya. There are Israeli companies that offer smart vehicle technology, such as collision avoidance systems, he said.
"There's a lot of young companies here in Israel that are looking for ways to work with (original equipment manufacturers), tier one suppliers on how their technology might be helpful," Snyder said.
Water: He met with water industry officials in Israel to discuss ways they're using water more efficiently and reducing the electrical cost of providing water. For example, they use software to monitor water use.
Education: Snyder on Tuesday plans to learn about a program started by the Jewish Federation of Metropolitan Detroit in Israel to help immigrants with illiteracy problems get up to speed and into the school system quickly. He also plans to talk with university officials about opportunities for technology transfer collaborations. He said the University of Michigan already works with the Hebrew University of Jerusalem and Hadassah Medical Center on disease research.
(h/t Dan)
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Posted By Elder of Ziyon to Elder of Ziyon at 6/18/2013 11:30:00 AM
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