The Japanese Israeli relationship is kicking into new gear, as the Japanese External Trade Organization, or JETRO, is dedicating one of its dozen international startup hubs to support Israeli entrepreneurs aiming to grow within the Japanese ecosystem.
The Global Acceleration Hub, centered in Tel Aviv, will be a business center of sorts, providing free temporary work space, consultations and other necessary business services to enable foreign companies to gracefully enter the Japanese scene. In addition, it will support existing Israeli startups with an accelerator program as well as mediate business cooperations for those looking to expand in Japan.
When two power forces like Japan and Israel choose to support each other’s strengths and exchange knowledge with cooperative force, the future seems limitless with potential. The collaboration between Japan and the startup nation has already seen over $2 billion in investments in 2017, and is only slated to grow.