Startup Nation Basics
This country is nicknamed the “Startup Nation” because of its high concentration of startups per capita.
This Israeli government authority provides grants and support to reduce the risks of innovation for startups.
What is the Israel Innovation Authority?
Israelis often embrace this type of approach to risk, which encourages experimentation and learning from failure.
What is risk-taking?
Israeli startups have been particularly influential in this sector, developing technologies to protect computer networks.
What is cybersecurity?
This startup, famous for its messaging app, was acquired by Facebook in 2014 for $19 billion.
What is Waze?
The capital city of Israel, which is also a major hub for tech startups.
What is Tel Aviv?
Many Israeli startups benefit from this type of investment that gives capital in exchange for equity in a company.
What is venture capital?
Israeli companies often practice this type of management style, which values flat hierarchies and open communication.
What is collaborative or informal management?
This Israeli-founded company became a global leader in computer vision and was acquired by Intel for over $15 billion.
What is Mobileye?
This Israeli invention consists of a minuscule camera inside of pill capsule.
What is Pill Cam?
Israel is especially known for innovation in this tech sector, which involves cybersecurity, AI, and data analytics.
What is technology?
Israel offers these incentives to foreign investors to encourage them to invest in local startups.
What are tax breaks or financial incentives?
Many Israelis learn technical and leadership skills in this national institution, which influences the startup ecosystem.
What is the Israel Defense Forces (IDF)?
Israel is one of the world leaders in the number of startups per capita, often compared to this much larger country.
What is the United States?
This was the brand name of one of the first commercially available USB flash drives, invented by Israelis, introduced by IBM in 2000.
What is DiskOnKey?