New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home FinTech

Connecticut governor leading fintech, business delegation to Israel next week

New York Tech Editorial Team by New York Tech Editorial Team
February 15, 2022
in FinTech
0
Connecticut governor leading fintech, business delegation to Israel next week
Share on FacebookShare on Twitter

Connecticut Governor Ned Lamont announced on Tuesday that he will be visiting Israel with a business and innovation delegation from his state next week.

Joining Lamont on the five-day trip will be the University of Connecticut’s interim president, executives from Connecticut Innovations, the state’s strategic venture capital arm, Raytheon Technologies’s vice president for international government relations, the executive director of Connecticut’s Jewish Federation Association, and the CFO of Digital Currency Group.

Ruth Porat, CFO of Google parent firm Alphabet, will also be traveling to Israel for meetings, but is not part of the official delegation.

“It’s celebrating our mutual entrepreneurial cultures,” Lamont told The Times of Israel last week during a Zoom conversation. “We have a lot in common. Big Jewish population here in Connecticut.  We love Israel, and we’re going to reinforce that.”

Lamont, a Democrat in his third year in Hartford’s Governor’s Residence, will meet Israeli leaders, including Prime Minister Naftali Bennett, President Isaac Herzog, and Foreign Minister Yair Lapid.

Sign up for the Tech Israel Daily
and never miss Israel’s top tech stories

By signing up, you agree to the terms

The 68-year-old former businessman lands in Israel on Friday.

“We’ve been trying to get to Israel for a couple of years,” said Lamont, who was forced to delay the trip because of the COVID-19 pandemic.

This will not be the governor’s first trip to Israel. As a telecommunications executive, he came in the mid-2000s with the Young President’s Association, and was in Israel and neighboring countries more recently as a board member of the NGO Mercy Corps.

Lamont said that he wants to show Connecticut’s business community that “Israel is the startup nation, an incredibly entrepreneurial country.”

Congrats to Pineapple for their insurance app, taking home the top prize @VentureClash!
Welcome to CT! pic.twitter.com/qR3w241rUP

— FML CPAs (@FMLCPAs) October 17, 2019

“And by the same token, we would like to see what some of those Israeli companies think about Connecticut.”

Beyond Israeli politicians, the delegation with meet with Israeli fintech leaders, and will host a “Ventureclash,” the state’s global venture challenge for early-stage companies.

“It’s an opportunity for young entrepreneurs with a dollar and a dream — or a shekel and a dream — who want to start up a business,” Lamont explained.

Tel Aviv fintech professionals, on April 3, 2017. (Screenshot/Startup Lithuania Facebook page)

He also wants to get more Israeli investors and companies to look at Connecticut as a promising state in which to do business.

“We started up 15,000 businesses last year,” Lamont said. “We’re in our own humble way a start-up state, just like Israel is the start-up nation. I’m going to tell them that we have some of the best-trained workers, best workforce in the world. We make jet engines, Sikorsky helicopters, submarines. But in addition, we have a big fintech, social media presence as well.”

Israel and Connecticut already enjoy a robust business relationship. Israel is the #17 global destination for the state’s exports, totaling over $175 million in 2020, especially in aerospace, according to Lamont’s spokesman.

The trip was facilitated by the United States-Israel Business Alliance, an organization that specializes in business development missions to Israel for governors.

Connecticut, a small New England state with over 3.5 million residents, has one of the highest median incomes in the country.

Lamont expects Israeli officials to discuss the COVID-19 pandemic as well. He recently announced that he was removing a statewide mask mandate.

“There’s a lot of exhaustion with the rules,” he said, “and I think the people of the United States, and Connecticut, have earned the right for more freedom. Because you now have the ability to keep yourself safe.”

Officials from Connecticut — the most vaccinated state in the union — have learned from Israel’s experience, according to the governor. “Israel was 2-4 weeks ahead of the northeast in terms of COVID and all the different variants. So we followed your lead very carefully.”

A vial of the Pfizer vaccine is shown on December 18, 2020, in West Hartford, CT. (AP Photo/Stephen Dunn, Pool)

Still, as in other states, the pandemic has caused a host of other challenges beyond public health.

“COVID unleashed a lot of demons,” Lamont said. “We’ve had a lot of violence. We’ve had a lot of suicide and domestic abuse. We’ve had a lot of hate crimes. And we’ve had a lot of antisemitism. Maybe not on a worldwide scale, but the swastikas spray-painted on the walls of synagogues, it’s been shocking.”

In March 2021, at the start of Passover, a 21-year old UConn student spraypainted a swastika on a wall facing the campus Hillel House. The man was caught and arrested.

“We’ve worked very closely with the Jewish community,” Lamont explained. “We’ve got a [state] security grant so that they know that they can keep their synagogue open, they know they can do that safely.”

“We have absolutely zero tolerance for antisemitism or any other type of racially inspired crime. That is wrong and we’re coming like a ton of bricks as needed.”

A Yad Vashem security guard in the empty Hall of Names in the Yad Vashem Holocaust Memorial Museum in Jerusalem, on April 19, 2020. (Yonatan Sindel/Flash90)

Lamont will spend time at the Yad Vashem Holocaust memorial in Jerusalem on his trip, and will stress the importance of facing the past to his constituents.

“Don’t deny the past,” he said. “It’s extraordinary. You’ve got to learn from the past. Here in this country, there’s something called critical race theory, they want to downplay the Holocaust. They want to downplay things we have to learn from… It’s important to learn from the past and make damn sure this doesn’t happen again.”

Lamont, a Democrat, is not worried that support for Israel is slipping in his party.

“I think there’s as strong bipartisan support for Israel as there’s been at any time in my life, and I’m old,” he said with a smile. “Some of the college campuses, some of the folks in Congress, but I think it’s a small minority. I think the prime minister works very collaboratively on both sides of the aisle, has a strong understanding of making sure that Israel is not a partisan issue, and I think the support for Israel is as strong as ever.”

He doesn’t anticipate any criticism from constituents as a result of this trip to Israel. In fact, quite the opposite.

“I believe in economic integration. The better integrated, the stronger we are.”


Credit: Source link

Previous Post

Black-led VC fund aims to even the playing field for minority health-tech start-ups

Next Post

The NYC Venture Capital Firm News Digest: 2/15/2022

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
The NYC Venture Capital Firm News Digest: 2/15/2022

The NYC Venture Capital Firm News Digest: 2/15/2022

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
laptop on glass table

Automat-it Cuts Deployment Friction as Monce Scales AI Order Processing on AWS

April 13, 2026
Lee's Famous Recipe Chicken

Why Lee’s Famous Recipe Chicken Is Betting on Hi Auto to Quietly Rewire the Drive-Thru

April 9, 2026
computer generated image of letters

San Francisco Tribune Lists 11 HumanX Startups Moving AI Closer to the Operating Core

April 8, 2026
Impala CEO and Highrise AI CEO

The Industrialization of AI Infrastructure: What Impala and Highrise AI Reveal About the Next Scaling Frontier

April 7, 2026
Employee Time Tracking

What is an Employee Time Tracking Solution? A Definite Guide for 2026

March 31, 2026
Voltify founders

Voltify Raises $30 Million Seed Round as It Challenges $1 Trillion Rail Electrification Model

March 31, 2026

Recommended

laptop on glass table

Automat-it Cuts Deployment Friction as Monce Scales AI Order Processing on AWS

April 13, 2026
Lee's Famous Recipe Chicken

Why Lee’s Famous Recipe Chicken Is Betting on Hi Auto to Quietly Rewire the Drive-Thru

April 9, 2026
computer generated image of letters

San Francisco Tribune Lists 11 HumanX Startups Moving AI Closer to the Operating Core

April 8, 2026
Impala CEO and Highrise AI CEO

The Industrialization of AI Infrastructure: What Impala and Highrise AI Reveal About the Next Scaling Frontier

April 7, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch cryptocurrency Cybersecurity Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement hi-tech Hi Auto Impala Investing Investors investorsummit Israel israelitech Leaders LinkedIn Leaders Metaverse Mindset Minnesota omri hurwitz PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media