Publication: IFC and Israel, Partners in Private Sector Development
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2024-02-01
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2024-02-01
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IFC has a longstanding relationship with Israel’s Ministry of Finance and the Ministry of Economy and Industry. Israel’s Ministry of Economy and Industry contributed close to two million to IFC’s TechEmerge Health Program in India, Brazil and East Africa between FY16 and FY21. TechEmerge was launched by IFC in January 2016 in Tel Aviv to connect innovative proven technology companies from around the world with companies in emerging markets to conduct local pilot projects and build commercial partnerships. The goal of the TechEmerge’s Health program is to drive innovation to improve healthcare delivery and patient outcomes in emerging markets. IFC works closely with the Foreign Trade Administration at the Israeli Ministry of Economy & Industry on the organization of business development events. Since FY19, IFC has also been collaborating with Start-Up Nation Central, an Israeli non-profit in the innovation space, to explore business opportunities for Israeli start-ups in emerging markets. In 2019 and 2020, IFC held awareness raising events with Start-Up Nation Central to promote the Financial Times/IFC Transformational Business Awards, a premier program recognizing private sector companies that make a difference in addressing development challenges.
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“International Finance Corporation. 2024. IFC and Israel, Partners in Private Sector Development. © World Bank. http://hdl.handle.net/10986/41233 License: CC BY-NC-ND 3.0 IGO .”
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