Israel: The Ingenuity Society as Global Laboratory

Date: Wednesday, May 1, 2013 Time: 10:00 AM – 11:00 AM

Room: Brighton

Peleg

From Hi-Tech to Clean-Tech

Leveraging on known paradigms creates market opportunities

How to apply known technologies in new industries?

?

Innovation = Market Need + Entrepreneur + Funding

A meeting point between three components

Israel as the Global Hub for Water Technologies

The right mix of all necessary components

“We understand water for decades”

“Entrepreneur as a preferred profession”

“Israel is the 3rd largest VC community in the world”

Rosner

Source: Arial, font size 7.

Israel: The Ingenuity Society as Global Laboratory

The case of the “Fuel Choices Initiative"

Basic facts:

1. Small community (one degree of separation)

2. Problem solving mentality

3. Hackathon type entrepreneurship community ( people from different disciplines)

4. Strong Industry – Academia relationships (fast track from idea to execution)

5. Quick mobilization of people (even before the program ~ $200 million was invested)

6. Small size country enable “cheap pilots”

7. Unique task force set by the Government (see next slide)

Source: Arial, font size 7.

Israel: The Ingenuity Society as Global Laboratory

The case of the “Fuel Choices Initiative"

How the Fuel Choices Initiative Leverage the local :

1. Unique task force set by the Government (see next slide)

2. Hackathon type events to attract entrepreneurs from different disciplines

3. Build Industry – Academia clusters (try to solve specific problems )

4. Try to build effective funnel - fast track from idea to execution

5. Quick mobilization of people (even before the program ~ $200 million was invested)

6. Pilots program

Fuel Choices Initiative: Program Structure

OBJECTIVES Developing next generation technologies

Local Test Bed

Support Industry

Raise awareness

Int’l collaboration

GOVERNMENT TOOLS

Research centers & Industry – Academy projects

Support Pilots

Chief Science +Co-Invest Fund

Seminars & Int’l Prize

Int’l marketing

Gov. offices: Science, Energy, IT&L, MOF, Transportation, Environment, MFA, MOD

GOALS Turning Israel into a center of knowledge & best practices

Raise awareness & Int’ collaboration

To serve as a catalyst for the reduction to the world’s dependence on oil MISSION

Neff

Israel Graduate School of Finance – in formation

The Challenge and the Mission

Challenge

• To succeed, Israel must compete with the best Business Schools in the world.

• This competition drives tuitions and salaries in the US first and then in Europe (not in Israel).

• Israel has an ample supply of raw talent: Israelis occupy very prominent positions in

academia and firms.

• However, Israel does not have the institutions to train this talent, so it leaves the country!

Mission

• To develop the Israeli financial markets.

• To make Israel a more significant player in the world financial markets:

• The necessary condition is a steady supply of very well-trained specialists in Finance.

• This means competing with the best schools in the world. We must have local excellence!

Israel Graduate School of Finance – realistic solution

Realistic Solution: IGSF • A new Israeli institution as a significant center of excellence: consortium of schools. Benefits

the universities in Israel. • Similar to institutions created in Austria, France (Paris), Holland, and Switzerland, which

faced similar problems. • Utilize the economies of scale. • Attract faculty from abroad can be a contender to be among the top Finance Schools!

IGSF: Advantages • Keep bright students in Israel. • Create brand recognition among the top financial firms in the world, and attract foreign

students. • In addition, IGSF can facilitate the return of the Israeli Finance professionals – huge boost to

the industry!

• Contact: Andy Neff andyneff@gmail.com

Kandel

Israel as a Global Lab and Beta Site

Prof. Eugene Kandel

Head of the National Economic Council

Prime Minister’s Office

2.12.2012

The National Economic Council Prime Minister’s Office

Three conditions for success

Long term local need

Recognized excellence and track record

Growing global demand

Success stories: Defense, ICT, Water, Agro, Cyber security

From need to innovation: Israeli case

Need Innovative Solutions

Local Testing Global

Scale Up

Israel as a global lab

Keys to success

Private sector leadership

Quality and versatility of public research

Focus on global challenges

Long term commitment by government

Abramowitz

STRICTLY CONFIDENTIAL

Empowering the World

April 2013

December 2012

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5000

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2009 2010 2011 2012 2013 2014 2015

Western Europe* China Japan USA Rest of World

* France, Germany, Italy and Spain

Insta

llati

on

s (

MW

) Developing Markets

Opportunity

Growth in solar photovoltaic (PV)

600 million of these

are in Africa.

1.6 billion people in

the world have no

access to electricity

Solar PV is falling

dramatically in price

and is much cheaper

than diesel

April 2013

Need for energy

Fastest to Commercial Operation

Versatile Scalable Reliable

Cost Advantage

Renewable

Meeting electricity needs of developing countries in a reliable, sustainable and cost effective way

April 2013

Why solar?

Video introduction

http://www.youtube.com/watch?v=JlovdhJBfXo