Choose New Jersey, New Jersey – Israel Commission and Jerusalem Development Authority Announce Formation of Bilateral Business Collaboration

At ceremony in Jerusalem, Jerusalem Development Authority and New Jersey – Israel Commission agree to cooperate around business development and technological collaboration across various sectors of industries

(Jerusalem, Israel) – Choose New Jersey, in partnership with the (NJIC), announced a bilateral business cooperation with the (JDA) at a ceremony in Jerusalem on Thursday. The cooperation is aimed at establishing business development and technological collaboration across various sectors of industries.

“We are thrilled that New Jersey has chosen to partner with Jerusalem to focus on business activities with our city. We will continue to actively help grow this relationship because we believe that this strengthens not just our economy but our friendship with the great State of New Jersey,” said Fleur Hassan-Nahoum, Deputy Mayor for Foreign Relations, City of Jerusalem.

The primary objective of this partnership is to promote interaction and collaboration between private sector companies, academic institutions, and related government agencies in New Jersey and Jerusalem through business development assistance, exchanges, and professional consultation. The two organizations will seek to secure a formalized agreement in the immediate future.

“We are excited to announce this innovative partnership with the Jerusalem Development Authority,” said Jose Lozano, President & CEO of Choose New Jersey. “Business development and technological collaboration across key sectors and industries will enhance interaction between New Jersey and Israel, benefitting all parties through an established synergy. This bilateral agreement strengthens our bond with Israel and incentivizes its companies to explore opportunities in New Jersey more seamlessly.”

“This important cooperation complements the incredible innovation originating in both Jerusalem and New Jersey today and the high frequency of Israeli companies and technologies entering the United States through New Jersey,” said Andrew Gross, Executive Director of New Jersey – Israel Commission. “We look forward to working with the JDA, which represents hundreds of innovative companies, and deepening the already strong relationship between New Jersey and Israel by advancing business opportunities on both sides.”

Cooperation will be focused on several areas including international bilateral business development, sharing of commercial incentives and opportunities, promotion of New Jersey – Jerusalem trade, collaboration through professional engagements and research, institutional exchanges, and supporting technological innovation.

“The Jerusalem Development Authority works for international cooperation with the city’s leading bodies. We see the New Jersey delegation as a great opportunity to create a collaborative infrastructure between Jerusalem and New Jersey based on our similar strengths,” said Eyal Haimovsky, CEO, Jerusalem Development Authority (JDA).

The ceremony was attended by Choose New Jersey President & CEO Jose Lozano, New Jersey – Israel Commission Executive Director Andrew Gross, Jerusalem Development Authority CEO Eyal Haimovsky, and Jerusalem Development Authority Business Development Director Itzik Ozer.

“This is another terrific example of the growing business and trade cooperation between New Jersey and Israel. This cooperation has resulted from the hard work and collegiality by both the Israeli and New Jersey teams and is a portend of even greater developments to come,” added Mark Levenson, Chair of New Jersey – Israel Commission.

About Choose New Jersey

Choose New Jersey is a privately funded 501 (c)(3) economic development organization with a mission to stimulate job creation and attract capital investment to New Jersey. Choose New Jersey markets New Jersey both domestically and internationally as the best place to grow a business in the United States. Knowledgeable, experienced staff, supported by a network of State agencies and private partners, provide free, confidential assistance to guide companies in establishing operations in New Jersey. By harnessing the power of business, labor, academic and government leaders, Choose New Jersey enables growth across all sectors of the State’s economy, aspiring to build a stronger and more prosperous New Jersey for all. To learn more, visit www.choosenj.com.

About New Jersey – Israel Commission (NJIC) 

The New Jersey-Israel Commission was established in 1989 to implement the goals of the Sister State Agreement – to promote the development of trade, culture and educational exchanges; encourage the development of capital investment and joint business ventures; and foster a spirit of cooperation between the citizens of the State of Israel and the State of New Jersey.