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ISRAELI companies
interested in participating in the VITAL Business Development Summit at Virginia Tech should contact:
Dates:
October 16-17, 2002
Virginia Tech Corporate Research Center
Blacksburg, Virginia
VITAL ISRAEL Representative:
Rafi Sela
972-4-957-5828
Sela@VitalVa.com
USA
Ralph Robbins
1-703-481-7494
robbins@vitalva.com
VIRGINIA companies
interested in participating in the VITAL Business Development Workshop in Roanoke should contact:
Dates:
October 17, 2002
Hotel Roanoke
Roanoke, Virginia
VITAL Co-Directors:
Ralph Robbins
1-703-481-7494
robbins@vitalva.com
Joe Meredith
1-540-961-3600 ext. 2013
meredith@vitalva.com
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VIAB’s Mission
-Promote Partnerships and Opportunities Between Companies in Virginia and Israel
-Help Maximize the Nearly 40 Incentives for Israeli Companies to do Business in Virginia
-Facilitate High-Level Connections Throughout Virginia and the Washington, D.C. Area
-Help Ensure an Israeli Company’s Success Once it is Established in Virginia
-Act as a Critical Interface for Israeli Companies with State and Local Officials
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View From the Top: The Pendulum Swung Too Far
Satisfying the New Demands of VCs: A Way for Venture Capital Firms to Lower Risk
robbins@viab.org
by Ralph Robbins
Just the other day a young company returned from a meeting with a VC. "So, how did it go?" I asked nervously, afraid to hear the answer. "They have money. All they want to see is sales, profits, cash flow positive, and they’ll give us what we need…but at a low valuation."
Of course, if you have sales, profits and cash flow, you wouldn’t need a VC, but could find other alternative financing vehicles where ownership will not be as heavily diluted. VCs, rightfully so, are proceeding very cautiously these days and the real problem for VCs is how to reduce risk when investing in emerging companies. We may have a way to solve this problem…
[Click Here for Full Story]
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Virginia Tech to Launch VITAL Program on June 10
Proven Infrastructure Maximizes Israeli Business’ Potential for Success in a Global Market
by Debra Masters
The VIAB has partnered with Virginia Tech’s Corporate Research Center (VTCRC), to launch the Virginia-Israel Technology Alliance – or VITAL – a new program that maximizes the success of post-incubator Israeli companies by providing access to a leading technology university, resources for capital, cost-effective infrastructure and a proven platform for marketing and business development.
The program is designed to complement all of the R&D and manufacturing initiatives that are underway in Israel today, while fostering economic growth throughout the Commonwealth of Virginia…
[Click Here for Full Story]
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VITAL Business Development Summit at Virginia Tech: Aug. 19-21
As part of the VITAL launch, Virginia Tech will host a three-day "VITAL Business Development Summit" for Virginia and Israeli companies. The Summit will be divided into two tracks:
Track 1 (August 19-21) is designed for a pre-selected group of Israeli companies to present their business models to influential venture capitalists and hold intensive discussions with the executives from the VTCRC.
Track 2 (Aug 20 only) is for Virginia companies who wish to learn how to identify and benefit from the newest tehnology opportunities originating in Israel...
[Click Here for Full Story]
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Virginia-Israel Business Developments
Israel-based Amdocs (NYSE: DOX) and Reston, VA-based Nextel (NASDAQ: NXTP) received top honors at the 2002 Computerworld Honors Program Laureates Dinner and Medal Ceremony held in San Francisco earlier this month...
Telesat selects Gilat Satellite Networks (Nasdaq: GILTF) to provide VSAT satellite communications equipment to power its new high speed Internet service...
Chantilly, VA-based INPUT publishes report findings that federal government spending on information systems and services will increase to $63.3 billion by 2007...
[Click Here for Full Story]
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June VITTS Special Development Mission to Israel: Rescheduled to Fall 2002
The VIAB has postponed the Virginia-Israel Technology Trade Summit (VITTS) that was scheduled to be held in Israel this June. The Special Business Development Mission will be rescheduled to a time when it can have more impact. At the same time, another exciting event is on the horizon this summer – the upcoming VITAL Business Development Summit at Virginia Tech – and the VIAB wanted to be sure it didn’t conflict with the June VITTS Mission to Israel.
Please check back to the VIAB web site for updates on the VITTS Special Business Development Mission.
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“Virtual” (On-line) Security Trade Mission Continues until May 22
Key Players Make Contact
http://www.tradebuilders.com/israel-us.h...
The “Virtual” (on-line) Security Trade Mission has already attracted key players in both the U.S. and Israel. It will continue through May 22 when there will be a videoconference between Washington D.C. and Israel. According to Mr. Ralph Robbins, executive director of the Virginia-Israel Advisory Board, “This offers Viginia companies an opportunity examine the new technologies coming from the security field in Israel. As a co-sponsor of this event , the VIAB will assist Viginia and Israeli companies in the follow-up process."
Participating companies include: Aliroo; EDS; Elbit Systems; Israel Aircraft Industries; Lockheed Martin; Staubach; FEMA (guest expert), and more. To participate, please register at: Tradebuilders.
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And the Results from Last Week's Poll Question...
Last month's poll question asked, "Beyond North America, which countries have the most companies listed on NASDAQ according to their ranking?"
The results:
A) Germany, UK, Israel, Netherlands: 8.3%
B) Israel, Germany, Japan, UK: 41.7%
C) Israel, UK, Netherlands, Japan: 33.3%
D) France, UK, Israel, Japan: 16.7%
The correct answer is actually “C”. Of the 440 companies included on NASDAQ, 78 are headquartered in Israel. UK follows with 44 companies on the list, followed by the Netherlands with 23 companies and Japan with 17.
(Source: NASDAQ, http://www.nasdaq.com/about/NonUSoutput_A0.stm)
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Focus On: Main.Net Power Line Communications
by Ben Merritt
Someday soon, consumers in the U.S. will be able to get high-speed Internet access by simply plugging their computer into an ordinary wall socket. Always-on Internet access, at a fraction of the cost of xDSL, cable and wireless, thanks to Reston, VA-based Main.net Power Line Communications (PLC), Inc., a wholly-owned subsidiary of Israeli-based Main.net Communications, Ltd…
[Click Here for Full Story]
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Intellectual Property: The Greatest Asset You Must Protect
Patent Strategies for Israeli Companies Doing Business in the U.S.
by James Gatto
As the trend of Israeli companies – especially high tech and biotech companies – doing business with an in the United States continues to increase, it becomes more important for these companies to understand how U.S. patent laws differ from Israeli patent laws and to develop strategies that maximize the value of U.S. patents...
James Gatto is a member Mintz Levin’s Reston, Virginia office and is head of the Intellectual Property Section for Reston and Washington.
[Click Here for Full Story]
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Brought to you by:
Virginia-Israel Advisory Board
Office of the Governor
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