Virginia Israel Advisory Board

Friday, April 6, 2007 Issue 22   VOLUME 1 ISSUE 22  
CONTENTS
Virginia Hosts Spingboard Israel 2007 on April 19
“Virginia Israel Bioscience Commercialization Center” Opens in Richmond Virginia
Aliroo Opens US Headquarter In Most Security Conscious Area of World: Virginia/DC
Facts from NASDAQ

Virginia Israel
Bio Sciences
Commercialization
Center

Interviews in Israel
October 7-11, 2007


To request an
interview:
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or contact
Ralph Robbins
Exec. Director, VIAB
robbins@viab.org

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more information


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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
1-703-234-7713
robbins@viab.com

VITAL

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


Wisdom…

Nothing in the world can take the place of persistence.

Talent will not; nothing is more common than unsuccessful men with talent.

Genius will not; unrewarded genius is almost a proverb.

Education will not; the world is full of educated derelicts.
Persistence and determination are omnipotent.

The slogan 'press on' has solved and always will solve the problems of the human race.

Calvin Coolidge


Virginia Hosts Spingboard Israel 2007 on April 19
Investor Presentations set for April 19; targeted meetings in Virginia on April 20
www.springboardenterprises.org

Amy Millman, President, Springboard Enterprises

Springboard Enterprises has assisted over 350 women lead businesses raise over $3.5 billion over the last six years.   They are teaming with the Virginia Israel Advisory Board (VIAB) to identify the most promising Israeli technology and life sciences companies which are poised for market entry and/or expansion in the United States.  Presentations will be made to venture capitalists, angels and institutional investors on April 19.  Additional meetings will be held in Northern Virginia and Richmond on April 20 with potential strategic partners.

 

What makes this group of companies special?  Amy Millman, the Executive Director of Springboard responded: A team of over 100 investors, business development experts and successful entrepreneurs from Israel and the US have reviewed and coached these companies.  Not only do we recruit and select the most promising companies, but we team them with experts for an intensive coaching process.   As a result, each company’s business opportunity and differentiation will come across clearly in their presentation on April 19.”












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“Virginia Israel Bioscience Commercialization Center” Opens in Richmond Virginia
International partnership to link biotechnology sectors in Virginia and Israel
www.vabiotech.com

Philip Morris R&D Center in Park

Richmond, Va – The Virginia Bio Technology Research Park (Park) announced today the formation of the Virginia Israel Biosciences Commercialization Center (Center), which will serve as a preferred destination and entry point for Israeli bioscience companies seeking to enter U.S. markets. 

Virginia BioTechnology Research Park in Richmond, Virginia.  Over eleven years, the Park has aided in the formation of 63 early-stage bioscience companies which have collectively raised over $155 million in seed and late-stage capital.  The largest company in the Park is Phillip Morris’s $350 million R & D Center.


Governor Kaine: "Israeli technologies are recognized around the world for their innovation, advance development, and functionality, and Virginia is proud to continue its expansion into the biosciences field with a leading international partner."

The Park has already interviewed four Israeli companies and signed two MOU’s.  According to Bob Skunda, the CEO of the Park, “ The Center will assist Israeli companies with business organization, intellectual property protection, regulatory approvals, market channel development, manufacturing, sales and marketing strategy development.  In addition, the Center will assist in raising capital and fostering research collaborations with Virginia Commonwealth University and other companies located in the Park.”


[Click Here for Full Story]
 
Aliroo Opens US Headquarter In Most Security Conscious Area of World: Virginia/DC
Ultimate email security for health care, financial institutions, government.
mailto:yair.granek@aliroo.com

Yair Granek, VP Business Development, Aliroo

Some would call it a no-brainer: Where should you locate a company that provides the highest level secure email solutions?  Obviously… in the most security conscious region of the world: the Virginia/DC area.  And if the solutions are effective in the DC area, the rest of the world should feel equally confident in Aliroo’s solutions.

 

According to Yair Granek who leads the Business Development for Aliroo, “HIPPAA regulations were created in Washington DC.  Since new standards are developed in the region, our new US headquarters allows us to keep our fingers on the pulse at all times.”

 

Developed in partnership with Kodak Health Imaging Group, Secured Email System (SES) assures the highest level of compliance and security for both text and digital imaging. 

 

According to Mr. Granek, “our GSA approval enables us to provide solutions to the Government as well as health and financial institutions.” 


 
Facts from NASDAQ
Will the next Israeli NASDAQ company come from the Springboard Israel 2007 program?
by Asaf Homossany

In the past five years, nearly 70 percent of foreign companies listing in the US chose the NASDAQ exchange. From an Israeli perspective, the story is well matched. With 75 Israeli companies listed, representing 95 percent of all Israeli companies trading in the US the largest representation of any single nation outside North America NASDAQ is the US "home" for Israeli firms.

In the past two decades, NASDAQ has played a strong supportive role in raising capital for Israel's corporate sector. Since 1999, NASDAQ facilitated 36 Israeli initial public offerings, raising some $2.3 billion, as well as 22 secondary public offerings, raising $2.5 billion. The 75 Israeli companies listed on NASDAQ have a combined market capitalization of over $50 billion.

Note: Asaf Homossany is Managing Director Israel and Central and Eastern Europe at the NASDAQ Stock Market. Tel: +44 (0)20 7825 5537, Fax: +44 (0)20 7825 5237 or Asaf.Homossany@nasdaq.com  Reprinted from Globes.


 

Brought to you by:

Virginia-Israel
Advisory Board
Office of the Governor

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For more information:
For more info about the Virginia-Israel Advisory Board, visit www.viab.org or contact Ralph Robbins at robbins@viab.org or (703) 288-1414.

ARCHIVE
Issue 23
August 30, 2007
Vol. 1 Issue 23
Issue 21
November 6, 2006
Vol. 1 Issue 21
Issue 20
September 10, 2006
Vol. 1 Issue 20
Issue 19
April 24, 2006
Vol. 1 Issue 19
Issue 18
February 4, 2006
Vol. 1 Issue 18
Issue 17
August 31, 2005
Vol. 1 Issue 17
Issue 16
April 18, 2005
Vol. 1 Issue 16
Issue 15
November 17, 2004
Vol. 1 Issue 15
Issue 14
October 2, 2004
Vol. 1 Issue 14
Issue 13
March 2, 2004
Vol. 1 Issue 13

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