Anat Katz, head of the Israeli government’s economic mission in New York, spoke at the Jerusalem Post 2024 annual conference. Katz’s remarks, which focused on the key role of the economy in stability, resonated among the distinguished speakers and provided a well-founded view of Israel’s economic situation.
Echoing earlier sentiments, Katz emphasized the vital link between a robust economy and the livelihoods of its citizens. She highlighted her mission’s role in facilitating collaboration between Israeli startups and U.S. companies to foster mutually beneficial relationships. Katz noted Israel’s historical resilience in the face of adversity, highlighting its ability to bounce back quickly from crises. Despite security challenges and global economic downturns, Israel has consistently bounced back, demonstrating its resilience and adaptability.
Katz noted that Israel is recovering rapidly from the 2023 shock, especially in early-stage startup investment, with investment reaching pre-COVID levels in the first quarter of 2024, demonstrating the enduring attractiveness of Israel’s innovation ecosystem to investors.
The establishment of scouting organizations by leading venture capital firms like Sequoia and Greylock Partners further highlighted Israel’s attractiveness as a hub for innovation. Katz’s mention of Greylock Partners, known for its visionary investments in technology giants, highlighted investors’ recognition of Israeli talent. Katz concluded by extending an invitation to investors and partners, emphasizing Israel’s readiness for business. He stressed the mutual benefits of investments and partnerships and said supporting the Israeli economy is a sound business decision.
