Ambassador Yoram Ettinger’s monthly summary highlights that business in Israeli technology is booming despite the latest global economic slowdown. http://theettingerreport.com/Overseas-Investments/Israel-%E2%80%93-a-R-D-and-manufacturing-powerhouse.aspx

US venture capital fund 500 Startups is opening an Israel office. The fund, which operates one of the world’s five leading accelerators, will invest up to $5 million in 10-20 early stage Israeli startups in the coming year. http://www.globes.co.il/en/article-500-startups-opens-israel-office-1001067274

I’m not giving investment advice, but some readers may be interested in a US company Sunrise Securities Corp that has built a platform (ZionTech) for reviewing and seed-funding promising Israeli startups. Sunrise’s President, Nathan Low can provide more details. http://www.sunrisecorp.com/

Indian businessmen are eager for their Prime Minister to adopt some of Israel’s policies that have led to the success of the Startup Nation. They include Government loans, universities embracing entrepreneurs and the acceptance of failure. http://economictimes.indiatimes.com/small-biz/startups/startup-lessons-that-india-can-learn-from-israel/articleshow/48729881.cms

Israel’s global reach is highlighted by two of the startups chosen to be included in India’s GenNext Innovation Hub, an accelerator program managed by India’s Reliance Industries (RIL) and Microsoft Ventures. They are Israeli – In*Q*Sec and eLoan. http://www.businessworld.in/entrepreneurship-startups/gennext-launches-its-fall-batch-10-startups#sthash.7BSVNEDv.wDepQ2mo.dpbs

Following the launch of the John Hopkins / Luminox Israeli startup incubator (see last week) US giant Meditronic and IBM have won a grant from the Israeli government to open a digital medicine incubator to join an ever-growing list. http://medcitynews.com/2015/09/ibm-medtronic-digital-medicine-incubator/

Israeli startup Fisbo provides a For Sale By Owner (FSBO) facility for homeowners to sell their homes without using estate agents. Following a 2-month pilot in Israel, Fisbo has opened an office in New York. Fisbo’s database verifies FSBO homes … Continue reading →

I mentioned Israel’s Argus Cybersecurity last month as being able to prevent remote carjacking. There has been much interest and Argus just raised $26 million of funding. http://www.ibloomberg.net/magna-allianz-back-israeli-automotive-cybersecurity-startup/

The Swiss Government has approved the purchase of six Hermes 900 unmanned planes from Israel’s Elbit Systems for $256 million. The Swiss Defense Minister said the aircraft would be used for surveillance by border guards. http://www.timesofisrael.com/switzerland-to-buy-6-israeli-made-surveillance-drones/

Israel’s mifold has now closed the crowdfunding project for its tiny car-booster seat. Mifold aimed to raise $40,000 but received a massive $690,762. They received orders for 20,000 mifolds from 7,000 customers in 87 countries. https://www.indiegogo.com/projects/mifold-the-grab-and-go-booster-seat#/story