Back in May I posted about why we were coming to Israel and what we would be doing. For those of you who have followed us these past two months, you've seen some of the great things we've done, companies we've met with, and an insight to the projects we're working on. When we return home and complete our second year of business school, one question with which we will be regularly confronted is: Why Israel?
A recent Yahoo! News article highlights the answer to this question better than I could. Titled "Israeli innovators build new 'Silicon Valley'", our work this summer has been focused on just that. In a country where 500 new startups form every year, our group of twelve MBA's from Maryland, Harvard, Emory and Peking University have have worked to build six companies of our own. We're not engineers or scientists - Israel has plenty of those (indeed Israel is home to more engineers per capita than any country in the world). Rather, we are filling an important gap in the Israeli economy, taking innovations and building well-managed business around them.
This Thursday we will put our last seven weeks of preparation to the test, pitching our businesses to representatives from some of the world's top venture capital firms. We will seek to raise funding for our own startups as we play a role in building the "New Silicon Valley" that is the Startup Nation.
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