The Chamber together with Chamber board member Gerry Stoch of Global NY and together with SelectUSA, and JLM-BioCity hosted Ed Kowalewski, New York State’s Director for International Investment Programs & Private Sector Liaison to the World Bank Group, for a special Breakfast Seminar on the business opportunities for Israeli companies in New York.

The well attended seminar was held twice, once in Tel Aviv and once in Jerusalem and drew strong participation given the importance that New York state and city play in the Israel – U.S. trade relations. For the presentation given by Mr. Kowalsky Click Here.

New York State’s economy is in a state of growth and Israeli companies should know about the opportunities for engaging with NYS companies and institutions. With 10 daily direct flights to the JFK and Newark International Airports, business with New York was never easier.

New York State offers very attractive incentives for Israeli companies that establish their US base in New York State. In particular, New York has committed $250 million to support AIM Photonics, leveraging the $110 million Department of Defense award and $250 million in private support for a total investment of more than $600 million.

Further, New York has committed $47 million for the formation of the Empire Discovery Institute, EDI, - a groundbreaking partnership of three premier academic, research and clinical institutions, the University of Rochester, University at Buffalo, and Roswell Park Comprehensive Cancer Center.

The State has launched a $100 billion infrastructure plan to increase competitiveness in the 21st century global economy.