Israel, Pennsylvania Sign Memorandum of Understanding
November 9, 2017 | The State of Israel and the Commonwealth of Pennsylvania have signed a Memorandum of Understanding (MOU), which hopes to bring with it a new chapter of business development between the two regions. The Consul General of Israel in New York signed the memorandum on November 6 along with Pennsylvania Secretary of Community and Economic Development Dennis Davin and Ambassador Dani Dayan at Thomas Jefferson University. Dayan said that this document will open the gates for many Israeli companies in Philadelphia and Pennsylvania and that both regions have economically reinvented themselves along the same lines of innovation. The signing came after a series of panel discussions and one-on-one meetings at the Greater Philadelphia-Israel Big Data and Digital Health Summit, on November 6, where Israeli startups met with potential investors. Nineteen startups made the trip as part of a delegation. The MOU is the 14th Israel has signed in the United States.