Against the background of the legal reform: Companies in the high-tech field will build the “hub” (center) of Israeli companies, will work in neighboring countries, this was announced for the first time yesterday (Wednesday) in the evening news here at 11. This is a move by ten unicorns – Israeli startups, the value of each of which is estimated at more than a billion dollars.
The high-tech protest is getting a step up First publication: 10 Israeli unicorns promote a move to establish a joint center in a neighboring country #The evening news @ittaishick pic.twitter.com/3RKDA2jCXJ
— here news (@kann_news) February 22, 2023
Entrepreneurs plan to fly in an orderly manner, together, to these countries, and enter into negotiations on terms that include tax breaks and the construction of buildings in one center. The countries on the agenda are Cyprus and Greece, which are very close to Israel and will allow workers to return to Israel on the weekends. Other possible countries are Spain and Portugal, which wish for companies to settle there.
Israel has a total of 82 “unicorns”, according to Start Up Nation Central data. This step of at least ten companies from the list started even before the promotion of the legal reform, but sources familiar with the matter say that this move is picking up a gear even more strongly now – because of the reform.