Startups

Hamburg and Israel launch innovation partnership

21 February 2023
Chamber of Commerce and Hamburg Invest sign co-operation agreement in Tel Aviv - closer ties between Israeli start-up scene and Hamburg's economy

Businesses in Hamburg and Israel's start-up scene are set to forge even closer ties. This comes after Hamburg’s Chamber of Commerce, Hamburg Invest and the German-Israeli Chamber of Commerce Abroad signed an agreement Monday (February 20, 2023) on closer co-operation with emphasis on tech scouting. The agreement, which was signed in Tel Aviv, gives Hamburg-based companies an overview of new technologies and digital solutions in Israel and should facilitate contacts to potential partner companies. The agreement is also likely to boost the settlement of Israeli start-ups and scale-ups in Hamburg. The fintech, cyber security, logistics, life science, maritime economy and renewable energies are particularly important sectors.

Tel Aviv and Hamburg banking on innovations

Philip Koch, Managing Director International at Hamburg's Chamber of Commerce, remarked: "Israel is an international centre of innovation and can offer important impetus for boosting the digital transformation of Hamburg's economy. In accordance with our location strategy 'Hamburg 2040,' we want the collaboration to give Hamburg a locational edge and to raise its international visibility," Koch added.  

"Hamburg 2040"  focuses on increased international networking with centres of innovation including Israel, which is also hailed as a hub of start-ups.

Grisha Alroi-Arloser, CEO AHK Israel, Dr Rolf Strittmatter, CEO Hamburg Invest, and Philip Koch, CEO International Chamber of Commerce Hamburg (l. to r.)
© Boris Chernykov

Innovation partnership - part of "Hamburg 2040" strategy

Dr Rolf Strittmatter, Managing Director of Hamburg Invest, said: "Hamburg and Tel Aviv have many commonalities. In addition to their maritime character and high standard of living, both cities share an open and welcoming culture of innovation, the opportunity of which should be used for development and marketing." The collaboration offers talented professionals and the start-up scene in particular an excellent opportunity to network and use the many links between the two cities, he added. The partners had identified topics for an innovation partnership during a trip by a delegation in June 2022. The agreement has been signed for an initial, two-year period.
nj/sb/pb

Sources and further information

Hamburg Invest

Hamburg Invest is the one-stop agency for relocations and investments in Hamburg as well as the main point of contact for all business development issues. A wide range of services is available especially for SMEs. Hamburg Invest also markets urban commercial and industrial sites - from site development, advertising and customer approach to the land contract. Technology and knowledge-based start-ups find their central point of contact there.

Infos and Inspiration for Startup City Hamburg

What’s new on Hamburg’s start-up scene? Which events are a must for founders and who offers start-ups advice? Start-ups, entrepreneurs and innovators can read all about this and far more on Startup City Hamburg. The platform offers an overview of funding opportunities and co-working spaces. Start-ups can also announce job offers and expand their network on the site. Hamburg’s start-up ecosystem is gathered in one space! The website is a joint initiative by the Ministry of Economics and Innovation, Hamburg Innovation, Hamburg Invest and Hamburg Marketing, as well as the Institute for Innovation and Technology (IIT).

Scaleup Landing Pad Hamburg

The Scaleup Landing Pad Hamburg is a young programme for attracting and settling international scaleup companies in Hamburg. Approved scaleups are advised on their internationalization and go-to-market strategy with the help of individual incentives & services, networks and support (single point of contact). The incentives are divided into Business Development, Location Consulting, Living & Workspace, and Business Services. The application phase for next batch of the Scaleup Landing Pad Hamburg will start in spring 2023.

For further information, please have a look at the Landing Pad website and subscribe to the programme’s newsletter: Scaleup Landing Pad Hamburg | Home (future.hamburg)

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