Danish innovation centre opening up in Tel Aviv – The Post

Danish innovation centre opening up in Tel Aviv

Denmark’s innovation hubs now present in seven cities around the world

Tel Aviv is a global hub of research and innovation (photo: iStock)
May 4th, 2016 3:01 pm| by Christian W
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The Education and Research Ministry has teamed up with the Foreign Ministry to establish a new innovation centre in Tel Aviv, Israel.

The centre will help open doors for Danish companies looking for access to leading research arenas and relevant co-operation partners in Israel.

“We are strengthening Danish research by co-operating with the best environments abroad,” said Ulla Tørnæs, the education and research minister.

“Israel invests heavily in research and development, and there is great potential in a stronger Danish-Israeli co-operation regarding knowledge.”

READ MORE: Danish innovation hubs receive top marks

Seven wonders
Israel is the OECD nation where most funds are invested in research, innovation and entrepreneurship. Investment in research accounts for over 4 percent of the nation’s Gross Domestic Product (GDP).

The centre is scheduled to open sometime during the autumn of 2016.

With the new Tel Aviv centre, Denmark now has innovation centres in the seven global innovation hubs of Tel Aviv, Munich, New Delhi, São Paulo, Seoul, Shanghai and Silicon Valley.