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Israel Bourse Starts Up Innovation Hub
Jun 19, 2017 9:40 AM
By Rapaport News
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RAPAPORT... The Israel Diamond Exchange (IDE) is opening a technology
incubator, providing both space and financial support for start-up companies in
the diamond industry, the bourse said Monday.
Known as the Diamond Tech Innovation Center, the hub will
enable the IDE to promote new technologies for diamonds beyond gems and
jewelry, including their use in industry, robotics, semiconductors and other
sectors. The facility will be on the IDE premises, though its launch date has yet to be announced.
“We made a strategic decision to establish the Diamond Tech
Innovation Center because we are convinced that the diamond industry must
advance technologically,” said IDE president Yoram Dvash. “Since Israel is a
world leader in technology — with over 1,500 new start-ups established every
year — we are in a perfect position to take the lead in this.”
The bourse has partnered with Sarine Technologies, a
provider of equipment to diamond manufacturers, and rough brokerage firm Hennig
& Co., which has an investment arm specializing in diamond technology. The
Technion — Israel Institute of Technology, a university in the Israeli city of
Haifa, is also a strategic partner for research and development.
The project is applying for recognition and support
from the Israel Innovation Authority, which funds start-ups and technological
hubs. |
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Tags:
Diamond Tech Innovation Center, Haifa, Hennig & Co., IDE, industrial diamonds, Israel, Israel Diamond Exchange, Israel Innovation Authority, Rapaport News, Sarine Technologies, start-ups, Technion — Israel Institute of Technology, technology, technology incubator, Yoram Dvash
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