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Tel Aviv Global City. Work Plan 2012 Draft I Global City Administration I June 2011. What is a Global City. In the 21 st Century cities lead international competition. Two main anchors : Culture Business. Mission. Positioning Tel Aviv-Yafo as: an International Business Center
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Tel Aviv Global City Work Plan 2012 Draft I Global City Administration I June 2011
What is a Global City In the 21st Century cities lead international competition Two main anchors: • Culture • Business
Mission Positioning Tel Aviv-Yafo as: an International Business Center based on existing strengths
Strengths State level… • Economic stability • Proximity to Europe and central Asia • Human Capital and talent • Highest number of startups per capita (around 4500) • Highest VC investments per capita (2.5 of USA, 30 of Europe) • More startups established annually than any European country
Strengths City level… • The largest metropolis in the country • Wide range of spoken languages • Over 40% of the country’s startups are in the metropolis and almost 70% in the center of the country • An exhaustive tech entrepreneurial and innovative ecosystem • Culture center and non-stop city • National Geographic top 10 beach cities • Lonely Planet top 3 hottest cities
Innovation Ecosystem: Existing • Tel Aviv enjoys a unique innovation ecosystem for tech entrepreneurs and startups • The ecosystem includes platforms such as co-working spaces, hubs, techie events, networking events • The ecosystem is almost exclusively operated by private entities
Vision Positioning of Tel Aviv as an International Center of Innovation
Objectives • Exhausting and leveraging the city’s assets in the tech innovation and entrepreneurial industry • Maintaining the city’s competitive edge
Target MarketForeign Talent and Startups Creative Class: The combination of: a young, vibrant and pluralistic city + an informal business center attract entrepreneurs 2. Startups The unique innovation ecosystem contributes an immense added value for startups
Work Plan 1. Cultivating an Innovation Atmosphere 2. Developing an Innovation Mile
Innovation Mile Hub Center Youth Center PresenTense Hub TLV Evergreen The Library The Junction Innovation Center
“If you threw a stone in Tel Aviv, it would probably hit a high-tech entrepreneur…Tel Aviv can compete with London, Paris and Berlin in connection to the concentration of Startups in it” (Mike Butcher, Editor, TechCrunch Europe, during his visit to Israel in April 2011)