The Michigan Israel Business Accelerator, or MIBA, is an independent

nonprofit organization A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

that promotes economic ties between the of

Michigan Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the ...

and the

State of Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

. The Michigan Israel Business Bridge was founded in 2007 and based in West Bloomfield, Michigan. In 2017, the Bridge was transformed and renamed the Michigan Israel Business Accelerator (MIBA). The MIBA serves as the state of Michigan's lead for all international trade between Michigan and Israel in order to drive economic prosperity and job creation in Michigan.

Mission

Accelerating Michigan's economic growth, one Israeli innovation at a time

Background

The MIBA's economic development efforts focus on six industry sectors: mobility, defense, health tech, sustainability tech, food-ag tech and advanced manufacturing/industry 4.0. The MIBA accomplishes its mission of “accelerating Michigan’s economic growth, one Israeli innovation at a time” by creating an assortment of opportunities for Business-to- Business interactions through trade missions, events, curated connections, and through our newest initiative: The Elevator – the first-of-its-kind landing zone in the US exclusively for Israeli companies of all sizes and startups. Since being founded in 2017, the MIBA has created hundreds of connections between Michigan and Israeli businesses. These connections have resulted in over 50 collaborations between Michigan and Israeli companies that brought over $6 million in direct economic activity into our state since 2021. Michigan now ranks sixth in the country for Foreign Direct Investment (FDI) from Israel by number of projects and is positioned to move higher on that list. With the launch of The Elevator in June 2023, the MIBA has a new asset to leverage as part of a broadened attraction strategy. Not only does The Elevator provide no cost office space and landing zone amenities to Israeli startups/businesses that choose to scale in Michigan, but it also allows us to expand programming to provide educational and networking opportunities to help Israeli companies succeed in Michigan.

References

{{Reflist, 2

External links

Cooperation Between Israel and the State of Michigan
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Jewish Virtual Library Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""Th ...

International trade organizations Economy of Michigan Foreign trade of Israel Israel friendship associations Organizations established in 2007 2007 establishments in Michigan Zionist organizations in the United States

Mission

Background

See also

References

External links