ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the February 2006 issue


Akron, Ohio links with Israeli 'incubator'

Akron has a deal to help Israeli companies get off the ground and bring jobs to the city. Akron Mayor Don Plusquellic signed a deal in Israel last month. The greater Akron area will invest at least $1 million in Targetech, an "incubator" for new high-tech companies in the Israeli city of Natanya.

Plusquellic says some of the firms will be invited to set up shop in Akron, and the city will provide technical support and help them market their products. He hopes they will choose to remain in the Akron area and employ local people. The partnership is thought to be the first of its kind between an Israeli incubator and an American city.



Reprinted from the Israel High-Tech & Investment Report February 2006

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