Israel Bonds

• The February 2, 2012 Wall Street Journal proclaimed that Tel Aviv ‘takes the tech-hub crown,’ with access to venture capital that, on a per capita basis, is ‘20-fold greater in Israel than in the rest of Europe’ and double that of the U.S.
• 'Footnote' is the latest Israeli film to be nominated for an Academy Award , and the country's fourth Oscar nomination in the past five years.In what’s being called an “historic partnership,” Cornell University and
• Technion-Israel Institute of Technology are joining together to build a two-million-square-foot applied science and engineering campus on Roosevelt Island in New York City
• A recent Washington Post-Bloomberg article notes that Google is “pouring money into Israel”
• The world is taking notice – an article in the Japan Times declares, “Israel is punching far above its weight,” praising the nation’s “amazing technological innovation at companies big and small, and the development of a wildly disproportionate number of world-beating startup companies”
• Some of the most popular shows on television – including Golden Globe best drama winner "Homeland" - were adapted from Israeli programs
• Apple is opening an R&D facility in Israel focusing on semiconductors – the tech giant’s first development center outside its California headquarters

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Israel, which is benefiting the entire world through ingenuity and resourcefulness, is ranked in the top 10* in the world for:

• Total R&D expenditure
• Venture capital investment
• Entrepreneurship
• Scientific research
• Patents per capita
• Quality of research institutions
• Capacity for innovation
• Availability of latest technologies

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*International Institute for Management and Development World Competitiveness Year Book 2010/World Economic Forum Global Competitiveness Index 2010-11

In 1881, English cartographer Arthur Penrhyn Stanley surveyed the forbidding landscape of Judea and wrote this bleak assessment: ‘It is hardly an exaggeration to say that for miles and miles, there was no appearance of life or habitation.’ *
The dramatic reclamation of the land, beginning with the Zionist pioneers and dramatically accelerated following Israel’s independence, has resulted in a transformation that would astonish Stanley. Dynamic cities, abundant greenery and vibrant cultural centers have replaced the once- barren surroundings.
Jerusalem’s evolution has been especially significant. Today, Jerusalem is a dynamic world capital, center of spirituality and a hub of innovative science and technology, as exemplified by Har Hotzvim, the city’s high-tech industrial park.

* Arthur Penrhyn Stanley, Sinai and Palestine, (London: John Murray, 1881), page 118.

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