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New International Innovation Quarter in Jerusalem

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Despite the intensifying COVID-19 crisis, Margarit Startup City was founded in Jerusalem on Monday by the founders and chairman of Venture Partners in Jerusalem, the mayors of Jerusalem Mosherion and Jerusalem Mosherion. The quarter includes a 50,000 square meter international entrepreneur and innovation quarter to accommodate start-ups and multinationals, as well as an investment center and an international R & D center, adding thousands of jobs to the city. Alongside the Economic Center, the Quarter also has a Cultural and Social Center, which also includes the National Service Volunteer Center. Margarit Startup City is built as a model of socio-economic development initiated by Eler Margarit, designed to facilitate progress in various aspects and urban regions. It is based on the establishment of an innovation center that connects technology business entrepreneurship with social and cultural entrepreneurship. Each Innovation Center works with major universities, research institutes and multinational corporations to create a thematic ecosystem around it, which is the engine of collaboration between various stakeholders, including investment funds and start-ups. .. Definitely, this is done in collaboration with local governments and governments. Nine start-ups representing Jerusalem’s unique ecosystem attended the event. They are led by Innovo Pro and Podtech, which developed innovative protein alternatives, ultra-orthodox health startup Healthables, big data company Cnvrg.io, cyber company Vicarius, Compira Labs media company, and East Jerusalem entrepreneur Annan Copti. SynergyMed, innovation company PlayBeyondBio, is a joint venture between Margarit Startup City and global pharmaceutical giant AstraZeneca. “It is in these difficult times more accurately than ever that Jerusalem has to build itself for a new world after the economic and social crisis caused by COVID. 19 Pandemic. Margarit It holds the key to rebuilding the cities of Jerusalem, Galilaya, Negev and Jerusalem economically, culturally and socially, “says Margarit. Margarit Startup City will add thousands of high-tech jobs to the city of Jerusalem, “Lion added. “The Media Quarter, along with the Hebrew University and the Hottsvim Mountain and Fujitec Complex currently under construction, will significantly strengthen the city and, along with Jerusalem, make Jerusalem the high-tech capital of Israel,” he said. cnxps.cmd.push (function () {cnxps ({playerId: ’36af7c51-0caf-4741-9824-2c941fc6c17b’}). Render (‘4c4d856e0e6f4e3d808bbc1715e132f6’);});

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