The Piemonte Agency and Margalit Startup City a new partnership Monday with the aim of forging new ties in tech, business, and economic organizations between the northwestern Italian region and Jerusalem.
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Piemonte has been diversifying its economic structure in recent years, attracting some of the most important Italian and multinational companies to the region. Strategically located in the heart of Europe and the Mediterranean area, the Piemonte region is dynamic in services, with a skilled, flexible, and versatile workforce.
Margalit Startup City is the flagship of a network of innovation centers of excellence in Israel, which integrate the best local and international strategic partners in both the public and private sectors.
"Our mission has always been to build bridges, between communities, between cities, between regions – and today is a milestone on this journey," said Erel Margalit, founder and executive chairman of JVP and Margalit Startup City. "We are not just opening one partnership today, we are expanding across an entire network of innovation."
Fabrizio Ricca, of the Internationalization Regional Ministry of Piemonte, added, "The path of collaboration that our region began some time ago with the State of Israel reaches a decisive turning point. We believe that our countries, which have always been friends, should intensify their collaborations in terms of research, training, and trade."
Israeli Ambassador to Italy Dror Eydar called the deal "historic," adding, "May Piedmont, where the unification of the Italian State began, become the messenger of Italy's official recognition of Jerusalem, the eternal capital of the Jewish people and of the State of Israel. I am confident that the Piedmont trade office will further strengthen the Israel-Piedmont friendship, consolidated by continuous and fruitful collaborations in the political, economic, scientific and cultural fields."