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VITAL
Virginia Israel Tech Alliance
VITAL Co-Directors:
Joe Meredith, Ph.D.
1-540-961-3600 ext. 2013
meredith@vitalva.com
Ralph Robbins
1-703-481-7494
robbins@vitalva.com
VITAL
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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
VITAL Summit is the End of the Beginning
www.viab.org
by Ralph Robbins
This is the end of the beginning.... for the VITAL (Virginia Israel Tech Alliance) program. This is a special issue about the VITAL Summit that took place in October at Virginia Tech. 28 Israeli companies participated. Over 20 Venture Capitalists and Investors participated. Leading Virginia Tech and State Officials participated. Leading businessmen participated. The Secretary of Commerce for the State of Virginia, Michael Schewel, participated. All of this demonstrates commitment.
We are now following up with each of the participants...serving as a catalyst and facilitator to help create movement and deal flow. The VITAL program is an ongoing economic development program for the State of Virginia. But it's also provides a proven infrastructure for Israeli companies that must expand into the United States. It assists in providing solutions to the 3 critical problems of young companies: marketing, infrastructure and funding. (www.VitalVa.com)
The results...
[Click Here for Full Story]
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Security Solutions Lead the Away for High-Tech Presentations
Investors Talk About 'Great Potential'
by Fred Diamond
In his inspiring lunchtime keynote at the VITAL Summit, RAD Group Chairman Zohar Zisapel noted that Israeli companies were often created in response to Israel’s need to be creative in solving the country’s unique challenges in the area of security, vehicle safety, and communications, for example. The high-tech companies that presented at the Summit exemplified Israel’s renowned self-reliance, creativity, and scientific application. The investor community was impressed by what the Israeli entrepreneurs had to show. The large number of meetings that happened after each company presented confirmed this.
High-tech, software, and services companies were well represented at the VITAL Summit in Roanoke. As expected, the entrepreneurs presented a wide range of solutions at the event that intrigued, impressed, and motivated the Virginia investment community.
“I saw a good number of solid companies that had great potential for expansion to the US markets. The (follow up) meetings after each presentation provided the best way to understand the goals of the Israeli organizations and their specific capabilities,” said Phil Garfinkle, President, Navig8, Great Falls, VA. “There were some ‘gems’ that had great potential for long term business success. The VITAL conference was a great way to see which ones could be polished up, focused, and positioned for success in the US and worldwide markets.”
[Click Here for Full Story]
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Life Science/BioTech Start-Ups Command Close Look
Israel Continues to Bring Fresh Technology to Market
by Fred Diamond
Life Sciences and Biotechnology companies were well represented at the VITAL Summit in Roanoke. The companies presented interesting technologies ranging from dentistry advancement tools to organic “coating” products that increase produce life.
Attendees were very impressed with the level of innovation coming out of Israel. "In talking to the companies, I am impressed in how far Israeli companies have come in recognizing that great science is not enough, but that they need to project science into real products that can be profitably manufactured, developed and marketed on a global basis,” said Gary Gamerman, President, Seraphim Life Sciences Consulting LLC. Seraphim, with office in Virginia and the United Kingdom, provides consulting, business development and due diligence for life science companies and investors in the US and worldwide.
"A common theme for both the companies and their products is deep appreciation for product cost-effectiveness, FDA requirements and burn rate management,” said Gamerman.
[Click Here for Full Story]
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Israelis Seek Possible Investors
(Originally published October 18, 2002 in the Roanoke Times)
by Paul Dellinger
Some 25 high-tech Israeli companies pitched their products Thursday to potential investors in a daylong session at Hotel Roanoke.
If some of them attract venture capital, they could end up launching U.S. companies in the Virginia Tech Corporate Research Center in Blacksburg, which they visited Wednesday. Their three-day visit culminated in strictly timed 15-minute presentations on the products they hope to produce and sell in this country. They were chosen from some 200 Israeli companies, pared down to 60 for interviews to choose those who would make the trip.
[Click Here for Full Story]
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GMU’s National Center for Biodefense turns to Israel
Israeli Companies invited to Special June 22 Event
GMU’s National Center for Biodefense turns to Israel
Israeli Companies invited to
Special June 22 Event
Ken Alibek, MD, Ph.d., the Director of the National Center
for Biodefense, announced today that he hopes a number of leading Israeli
companies will participate in a Special event: “Accelerating Solutions to
Bioterrorism”. The event will be held
at the Center For Innovative Technology on June 22, the day prior to the
opening of Bio2003 in Washington DC.
According to Dr. Alibek, this will be a unique opportunity
for Israeli companies to meet other international and US companies in their
same arena. The Center and the event
concentrate on “biological weapons in the areas of detection, prophylaxis, and
treatment. This may include companies
that are capable of manufacturing protective products, or for developing drug
treatment for infectious diseases. “We
both have exceptional talents to approach the unsolved terrorism threats. We must collaborate in order to accelerate
the solutions. That’s what this event
is all about.”
Congressman Jim Saxton will be the keynote speaker. Saxton is the Chairman of the newly created
House Terrorism, Unconventional Threats and Capabilities Subcommittee in the
new 108th Congress.
According to Saxton, “There are very few persons worldwide with the
expertise in the subject that Ken Alibek has.”
The special event will be a closed event limited to 100 of
the elite in the field. Companies must
submit an application, which will be reviewed by a committee at the National
Center for Biodefense. The event is
complimentary. Complimentary
transportation will also be provided from Washington, DC.
Click here to request more information about the event and
for an “Application for Participation”.
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Brought to you by:
Virginia-Israel
Advisory Board
Office of the Governor
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