We connect Israel’s most high-potential tech startups to the partners, investors, and advisors they need to launch successfully in the US.
On February 22nd, the Department of Management Services and Florida Commerce hosted “Pitch Day at the Capital” in collaboration with SelectFlorida, the Florida Opportunity Fund, and the Florida-Israel Business Accelerator. Highlighted by multiple Memoranda of Understanding and historic trade missions led by Governor Ron DeSantis, Florida and Israel share a unique economic relationship, particularly in the technology sector. Attendees included representatives from the Florida Governor’s Office, Florida Department of Transportation, Florida Department of State, Florida Department of Revenue, Florida Department of Law Enforcement, the Division of Emergency Management, and Space Florida.
After nearly seven years of success in launching high-tech companies from Israel into the U.S. market, as well as highlighting Israeli innovation throughout the State of Florida and beyond, FIBA has elected to embark upon the next logical step in its evolutionary journey as an international economic development platform with the creation of one or more venture funds.
To this end, in early 2023 FIBA Services Inc., a for-profit subsidiary of the Tampa JCCs and Federation, signed a Term Sheet with renown international investment group, Ark Invest. Discussions are currently underway to create a venture fund that seeks to bring together Ark Invest’s investment prowess together with FIBA’s commercialization and engagement success to form a dynamic venture fund for investment in high-tech ventures in Israel and other countries yet to be determined.
More details will be published when available. Stay tuned…
There’s a lot more awareness and interest in Florida, and specifically Tampa Bay, than we have ever seen before. Now we don’t really need to do a lot of outreach. Israelis have discovered Florida and are coming here, and we’re happy to support them. View article
Tampa is becoming a hot market for tech startups, and one local nonprofit is eyeing companies in Israel to help solve problems businesses in Florida and beyond may be facing. Watch story
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