Nachum welcomed Avi Hasson, CEO of Start-Up Nation Central, to this morning’s show for an important look at Startup Nation Central’s report on the economic impact Oct. 7th has had on Israel’s tech ecosystem over the last year. Israel’s tech sector shows resilience, but its future growth depends on regional stability and responsible government policies. Start-Up Nation Central is a non-profit organization that connects Israeli innovation to the world in order to help international entities solve global challenges. Immersed in the Israeli technology ecosystem, we provide a platform that nurtures business growth and generates partnerships with corporations, governments, investors, and NGOs to strengthen Israel’s economy and society. You can read a press-release concerning the information they discussed in the interview below.
Israel’s tech sector shows resilience, but future growth depends on regional stability and responsible government policies, Startup Nation Central reports as October 7 one year mark approaches
TEL AVIV – Startup Nation Central has released its latest report, “One Year of Israeli Innovation in War,” presenting a detailed analysis of the impact of the ongoing conflict following October 7th on Israel’s tech ecosystem. Using data from Finder, Startup Nation Central’s business intelligence platform, and insights from a survey conducted by Startup Nation Central of tech company leaders and investors, the report provides an in-depth examination of the macro and micro-level dynamics shaping Israel’s high-tech sector during this period of adversity.
“Israeli tech has shown incredible resilience in the face of prolonged conflict and mounting challenges. But this resilience cannot be taken for granted,” said Startup Nation Central CEO Avi Hasson. “However,’ The lack of long-term planning – whether in budget policy, research infrastructure, or future growth drivers – creates uncertainty that could undermine our momentum. Now more than ever, the government must act responsibly to ensure the sector continues to thrive, attract investment, and secure the future of our economy.”
“Our report shows that despite the challenges, Israeli tech continues to attract significant investments, raising $7.8 billion even during the conflict. While there is cautious optimism, with 54% of companies expecting growth, the sector is still facing significant hurdles,” said Startup Nation Central VP of Digital Products and Data, Yariv Lotan. “Funding uncertainty remains a major concern, with 49% of companies experiencing some level of investment cancellations. In addition, regional disparities are evident, with nearly 40% of tech companies in northern Israel considering relocation due to the ongoing conflict. The survey also highlights that over 80% of companies have low confidence in the government’s ability to lead recovery efforts. These findings underscore the sector’s potential, but also highlight the critical need for strategic planning to overcome the current obstacles.”
For more information and to access the full report, please visit here.
