Israel. Where Breakthroughs Happen

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1 Israel Where Breakthroughs Happen

2 ISRAEL Area: 8,500 sq. miles Population: ~ 7.4 million GDP: $206.8 Billion (2009) Main Cities: Jerusalem, Tel-Aviv, Haifa, Be er Sheva

3 Texas VS. Israel - Size

4 Texas VS. Israelthe right perspective ~32 Times

5 Main Economic Indicators Criteria GDP (current prices in $B)* GDP Real Growth Rate (%) 5.1% 5.2% 5.4% 4.0% 0.7% GDP per Capita (PPP adjusted)** $24,271 $27,395 $28,473 $28,400 Exports (Goods & Services)** $B* (As Percentage of GDP) 57.2 (43.0%) 62.6 (43.5%) 71.2 (43.4%) 80.4 (40.3%) 54.6 (39%) Imports (Goods & Services)** $B* (As Percentage of GDP) 57.5 (43.2%) 62.2 (43.2%) 74.0 (45.1%) 84.1 (42.2%) 52.1 (37.8%) Unemployment Rate (%) 9.0% 8.4% 7.3% 6.1% 7.8%

6 Venture Capital Raised by Israeli Hi-Tech Companies Source: IVC-ONLINE

7 NASDAQ Non US listed companies- Selected Countries Singapore France Marshall Islands Netherlands Japan Hong Kong Australia United Kingdom Bermuda Cayman Islands Canada Israel

8 Israel s Competitive Edge IMD World Report 2009 Country Rank 1st 2nd 3rd 4th BUSINESS EXPENDITURE ON R&D Israel Sweden Japan Korea TOTAL EXPENDITURE ON R&D AS A PRECENTAGE OF GDP Israel Sweden Finland Japan AVAILABILITY OF QUALIFIED ENGINEERS Singapore Israel Chile Taiwan KNOWLEDGE TRANSFER BETWEEN INDUSTRY AND ACADEMIA Singapore Israel Switzerland U.S.A VENTURE CAPITAL AVAILABILITY U.S.A Hong Kong Israel Singapore INFORMATION TECHNOLOGY SKILLS Sweden Singapore Israel U.S.A RESILIENCE OF THE ECONOMY Australia Denmark Switzerland Israel Source: IMD World Competitiveness Yearbook

9 Foreign Companies Invested in Israel Partial List US EUROPE ASIA Microsoft Epix AOL Time Warner Intel IBM Perrigo Cisco Systems GE Healthcare Lucent 3Com Hewlett Packard Stryker Motorola Sun Microsystems Johnson & Johnson Dentsply Kodak British Telecom SAP Philips Medical Alcatel Siemens Cable & Wireless Deutsche Telekom Telecom Italia Generali Nestle L Oreal Danone Unilever Vilmorin Veolia Ferring MERCK Serono Sony Toyo Ink Fuji Honda Sumitomo Trading Nomura Samsung Electronics Daewoo LG Group Hyundai Acer Computers Macronix Winbond Hutchison Telecomm Scigen Jain Irrigation Sun Pharmaceutical

10 Multinationals Microsoft built its first R&D facility outside the US in Israel Veolia partnered to operate one of the largest RO Desalination plant in the world. Cisco built its first R&D facility outside the US in Israel Motorola s Israel facility is the company s largest development center worldwide. IBM chose Israel for its first VC investment outside of the US Intel has 4 R&D facilities and 2 manufacturing centers in Israel, employing 7,000 Israelis Google opened 2 R&D centers in Israel

11 The Israeli Winning Model Solid Infrastructure Experienced 2 nd time entrepreneurs Government Support Incubators Defense Source: IVA University Students Immigration Availability of Technical People & Management Expertise Entrepreneurial Culture Global Companies Seasoned VC Community Soft Infrastructure Existing Technology Infrastructure Quick flow of information Corporate Spin- Offs Corporate R&D Leading Academic Institutions & Research

12 Renewable Energy in Israel

13 Renewable Energy in Israel Solar energy is the largest and most impressive source of energy in our world David Ben Gurion 1955

14 Cleantech companies in Israel Air P ollution, 14 Was te Management, 18 Other, 12 E nergy, 119 Water, 270

15 Energy companies in Israel Alternative Energy, 12 Renew Energy, 18 Solar Energy, 39 Energy Preservation, 48

16 Solar Thermal Luz1 Solar thermal technology pioneer Solel World s largest Solar plant- 354MW Largest solar thermal company Contracts in US and Spain Bright Source World Economic Forum 2009 Technology Pioneer Award 12,000 square meter to generate 1.5 MW of electricity

17 Geo Thermal World leader in Geothermal power Established in 1965 Built and supplied equipment for more than1200mw Plants in the US, New Zealand,Kenya.. Record in 71 countries on 6 continents

18 Bio Mass Arrow Ecology Recovering materials and energy sources out of solid waste, producing fertilizers,water and Biogas world wide operations Evogene Ag-Biotech Company geared toward developing improved plants for the agriculture and biofuel industries. JV with Texas A&M

19 Energy Efficiency & Smart Grid Alvarion Optimizing smart power grid Broadband connectivity solutions for distribution networks Worlds largest WiMAX pure-player Over 250 commercial deployments worldwide DUCool Energy Efficient Cooling and Dehumidification Patented liquid desiccant process Independent control of temp. and humidity Powered by renewable energy sources

20 Wind TechnoSpin Next generation small wind turbines Applicable to low and medium wind Off grid solution Commercial and residential use WINFLEX Rotor made of light flexible and inexpensive material Cost p. kw installed to be 50% reduced

21 World s Largest Solar Tower Test Facility- Weitzman Institute

22 THANK YOU! Roee Madai Consul for Economic Affairs