(Photo By: Reuters)
By: Zev Stub - December 21, 2020
A new program aims to connect Israeli startups with German medium-sized companies.
Elnet-Germany, a nonprofit aimed at strengthening German-Israeli ties, said it launched the German Israeli Network of Startups and Mittelstand (GINSUM) with a grant of more than NIS 2.7 million from the German Federal Ministry for Economic Affairs and Energy. This is the first time that the German government, on the basis of an official decision by the Bundestag, will invest in the Israeli start-up ecosystem, aiming to address the gap in digitalization of Germany’s small and medium-sized companies.
Read More: Jerusalem Post