Israeli startup Sling has been bought by Brazilian Avante.  Sling allows independent traders to access essential business financial services direct from their smartphones.  Sling was extremely popular in Israel and plans to service 10,000 merchants in Brazil. http://www.jpost.com/Business-and-Innovation/Israeli-start-up-Sling-acquired-by-Brazilian-micro-credit-giant-Avante-460059

Fashion house Maskit was founded in 1954 by Ruth Dayan – wife of Moshe Dayan.  Then in 2011, young Israeli designer Sharon Tal, inspired by the dress worn by Kate Middleton at her wedding with Prince William, contacted Ruth (then … Continue reading →

Intel Capital, the global investment arm of the US-based chipmaker Intel Corp, has invested in three additional Israeli startups – Velostata, Panoply.io and Sedona Systems, for a total of $25 million.  Intel Capital has invested over $345 million in Israeli … Continue reading →

Israel’s Finance Ministry plans to cut corporate tax for multinational hi-tech companies that register their Intellectual Property in Israel.  The move would encourage large companies to move or continue with their Research & Development in Israel. http://www.timesofisrael.com/tax-cut-plan-would-see-rates-slashed-for-high-tech-companies/

“Excel Ventures,” an extension of the specialized Birthright Israel Excel program, brought 10 American business students, and 10 Israeli ex-tech soldiers, together for a 10-week “start-up training boot camp” in the heart of Tel Aviv.  The Israelis bring their problem-solving … Continue reading →