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Country focus: Israel’s on course for further growth

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By Eric Burg

 

The private market ecosystem in Israel has been maturing rapidly over the past few years, underscored by several big deals and the emergence of a technology cluster in the area around Tel Aviv known as Silicon Wadi.

Despite its relatively small size and a population of around 8.9 million, the nation has become one of the most technologically influential hubs in the world due, in part, to a young and well-educated workforce and a favourable entrepreneurial environment, which is supported by the country’s government.

 

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