Israel Supports American Innovation, Jobs and Investment.
Launched in 2017 by the U.S. Chamber of Commerce’s U.S.-Israel Business Initiative, Business Israel educates and inspires leading chambers of commerce to foster stronger commercial ties with the State of Israel. This nationally- coordinated effort will engage chambers of commerce to exponentially expand the American business community’s exposure and access to Israel and create a new and powerful constituency of supporters of the U.S.-Israel relationship.
Business Israel engages chambers of commerce to be champions of the US-Israel relationship and promote American and Israeli companies to work together and support economic growth in both countries – creating jobs and new products with the potential to transform industries.
Three Components of Business Israel
Business Israel leverages the U.S. Chamber’s national network by inspiring leading chambers of commerce across the country to catalyze stronger commercial ties between American communities and Israel. The campaign covers three main areas:
BUSINESS MISSIONS TO ISRAEL:
CEOs from a targeted group of 200 chambers of commerce learn about Israel’s economy, history, and politics. Participants meet Israeli government officials and business leaders and learn how to bring Israel to their communities and strengthen commercial ties.
NEW STATE INITIATIVES:
INTEGRATED COMMUNICATIONS CAMPAIGN:
Business Israel provides participants with a range of tools and services to support an integrated communications campaign about the U.S.-Israel business relationship. They:
1. Launch comprehensive digital marketing campaigns
2. Generate and share social media posts and groups
3. Craft and executive effective media outreach
In March 2018, the U.S. Congress appropriated $4 million to establish the Center, which will be matched by $4 million from the Israeli government. The Implementation Agreement signed at the Chamber provides the foundation for the establishment of the Center, which aims to accelerate development of innovative technologies for fossil energy, energy cybersecurity in critical infrastructure, the energy-water nexus, and energy storage. The Center significantly upgrades the governments’ support for advanced research, technology transfer, and commercial cooperation between the U.S. and Israel in the energy sector. Greater U.S.-Israel energy research and connectivity is already driving economic growth, and this Center will provide another avenue to support economic gains and advance technology development as Israel continues to grow its energy sector and transition much of its economy to natural gas.
The Chamber has been a strong advocate of the Center since Congress called for the Center’s creation in 2014, and it will continue to strengthen the connection between the private sector and both the U.S. and Israeli governments on energy security through the Center.