Deloitte Forges U.S.-Israel Tech Startup Channel
Big Four firm Deloitte has opened the Innovation Tech Terminal in Tel Aviv to connect U.S. and global organizations to Israeli startups in disruptive technology.
ITT is aimed at helping clients meet with startups, entrepreneurs and other stakeholders, and to experience disruptive technologies firsthand. Deloitte plans to maintain a dedicated core team of ITT professionals from Israel and the United Statesin Tel Aviv to establish relationships with key ecosystem players, conduct research, build content and deliver solutions to clients.
Israel has approximately 6,000 startups mostly focused on cyber, mobile and blockchain technologies in the financial services industry, automotive and mobility solutions, digital health, the Internet of Things, and sports technologies. There are also more than 300 R&D centers located in Israel that serve global technology companies.
“Deloitte has a unique ability to scan and identify emerging technologies, trends, and startups and introduce clients to potential alliance partners based on relationships we have with innovative incubators, accelerators, venture capital firms, and think tanks across academia, industries, professional organizations and other businesses,” said Jeff Schwartz, principal with Deloitte Consulting LLP, in a statement. “The ITT allows us to expand the reach of that work by helping clients establish relationships in the fast-growing and highly innovative Israeli startup market.”