The global pandemic has highlighted the strength of relationships and cooperation. Many relationships have become tense, but some have been strengthened by this challenge. The most important business relationship is the one between the Israeli technology ecosystem and the United States. US-Israel cooperation was strengthened only during this period. Especially in places like New York, where the pandemic broke. New York City is a resilient city, watching the day after we enter a new state. The center of the global economy will rebound from this pandemic, which affected it in ways that did not even affect 9/11.
New York City will recover, but there are ecosystems and opportunities beyond the five autonomous regions. In the meantime, many technical workers and people who can work in remote areas are leaving the city, creating new opportunities in other parts of the state. In the coming years, there will be soft landing pads for Israeli technology companies outside of major technology centers, and there will be strong government incentives to make this happen.
New York and Startup Nation have a long and successful history of cooperation, and because the innovation of smart cities is crucial to the recovery of the city after a pandemic, the Israel Innovation Authority and the State of New York have launched the New York Smart City Pilot Program. did. Find Israeli technology solutions to perform against these challenges. The program aims to introduce Israeli technology to the US market and advance technology that is deemed beneficial to both regions.
As New York recently announced in a statement: The Israel Innovation Authority (IIA) and New York will jointly open the NY Smart City pilot program through selected New York cities. Interested Israeli companies are invited to submit applications for piloting, testing, adapting and optimizing high-impact smart city technologies, services and devices in the municipal testbed of certain municipalities in New York City. I am
Who should apply?
As with any proposed project, applicants will be judged on the innovation of the project, the impact of startups, and the challenges they are trying to solve. Companies that communicate and propose value propositions provided by start-up companies should be able to demonstrate clearly how they can solve this problem by working with one of the local governments (municipalities). The applying Israeli company must provide proof that the proposed pilot works. Examples include prototypes and POCs.
Smart City technologies cover a wide range of challenges that startups in this space need to solve. Challenges and focus areas that need to be addressed include advanced water meter monitoring, smart courts, emergency medical triage, connected street lights and vertical urban agriculture. Check the Israel Innovation Authority website for a complete list of proposed challenges that each municipality is trying to solve.
Cooperation with local government
If you’re building an early start-up and are worried about your monthly burn rate, New York City can be prohibitive. Currently working in remote areas, many municipalities interested in working with Israeli startups offer a peaceful environment and the opportunity to work with local experts. Municipalities such as Syracuse, Southampton and Saratoga Springs offer remote work and work-life balance. POC is important, but partnering with a municipality also gives you the opportunity to further test your startup solution. Also, accessing the actual conditions of the tested innovation will provide you with additional data points.
Snapshots of the types of challenges the municipality is trying to solve include pilots developing online data dashboards to access the flood data collected. As part of the pilot, sensors will be installed in the street infrastructure to collect this data. Another example is leveraging Israel’s strength at Agritech by helping to develop and improve self-contained, scalable vertical farming systems. Due to the seasonal temperatures in New York State, the pilot is designed to grow vegetables and other plants in various locations throughout the year.
For companies that have been accepted into one of the pilot programs, the Israel Innovation Agency will support up to 50% of the approved R&D budget for Israeli companies. In addition, there is the added benefit of being able to provide physical resources by partnering with a municipality. Financing is important for start-ups, but this is an opportunity for companies affiliated with local governments to access their own data, datasets, and expertise.
Michael David, chairman of the New York Israel Chamber of Commerce, believes that it is important to drive this important initiative during this difficult time. As New Yorkers, we have seen the economic benefits that the strong ties to Startup Nations have brought to the Empire State. Over the years. For example, today more than 500 Israeli companies are based in New York. There is no doubt that technology innovation is critical to our collective success as we move forward.
COVID-19 may have suspended much of the world, but that doesn’t mean startups need to end their ambitions to solve big challenges. In addition to the new ecosystem under development, the trend of additional government funding to start-ups not only gives start-ups the opportunity to partner with municipalities in New York State and benefit from the program, but also the relationship between the United States and Israel. It will also be an opportunity to strengthen.
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Sit on the Executive Committee of the New York Israel Chamber of Commerce, written by YKC Media’s Jonathan’Yoni’ Frenkel
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