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IATI - Israel Advanced Technology Industries
IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News UN passes Israeli entrepreneurship resolution

UN passes Israeli entrepreneurship resolution

Nov. 21, 2016

The UN Second Committee (Economic and Financial) approved on Friday an Israeli-sponsored resolution for encouraging entrepreneurship, Entrepreneurship for Development, by a vote of 123-30, with eight abstentions, despite opposition from the Arab bloc.

The resolution was based on previous Israeli-sponsored resolutions on global entrepreneurship approved by the Second Committee. The new resolution highlights ways to enable UN members and the UN organizational apparatus to remove obstacles facing entrepreneurs, thereby taking advantage of the store of talent in each country.

The day before the resolution was approved, the Israeli UN delegation staged an event to highlight Israel's contribution to entrepreneurship and innovation. The event was held in cooperation with Israel Advanced Technology Industries (IATI). Participants included United Nations Conference on Trade and Development (UNCTAD) chief Chantal Line Carpentier, IATI co-chairman Erez Tsur, Google VP engineering and Google R&D center in Israel managing director Yossi Matias; Danon, and representatives from ReWalk (which is developing technology to enable people with spinal column injuries to walk under their own power), Kaima (genetic engineering in agriculture), Novartis, Unistream, and Social Finance Israel, an investment house for financing non-profit organizations.

"We were glad to see that the innovation and entrepreneurship industry in Israel is a success story," Tsur said. "In view of recent proposals in UNESCO, which were not to Israel's advantage, it is good and important that we also have high-tech and innovation industries that arouse appreciation and curiosity around the world."

Click for the full Globes news item.

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