Governor Cuomo Announces Sweeping Series of Economic Development Partnerships Between New York and Israel

July 1, 2019

As a Result of Solidarity Trip Last Week, Partnerships to Focus on UAV/Drones, Transportation, Energy, Cybersecurity, Financial Technology and Health Care Technology and Research

17 Israeli Entities Will Work with Six New York State Agencies and Other Partners to Bolster Innovation and Economic Ties Between the Two States

Governor Andrew M. Cuomo today announced a wide ranging series of economic development partnerships between New York State and Israel that are the result of the Governor's recent trip to Israel. The administration and several major New York health care institutions have signed a series of agreements with Israeli entities in the UAV/drones, transportation, energy, cybersecurity, financial technology and health care industries.

"Our economy is stronger than it's ever been and our message during this trip was simple: New York is open for business," Governor Cuomo said. "On our solidarity trip, we focused on key areas that present real opportunities for collaboration with Israeli companies because when Israeli startups choose New York, there is tremendous potential for growth for both economies. I am confident the initiatives announced today will build on the current partnerships that exist between businesses in New York and Israel, and bring our people even closer together."

"We have worked to ensure New York maintains a strong relationship with Israel, and these latest initiatives will further our shared economic progress," said Lieutenant Governor Kathy Hochul. "The collaboration between our agencies will foster innovative ideas to grow key segments of our economy, ensuring an even brighter future for the people of New York and Israel."

Read the full press release here.