PRESS RELEASE: Uruguay and Israel’s OurCrowd Agree to Advance Tech Ties Between LATAM and Israel
Partnership within the framework of the “Uruguay Innovation Hub” ProgramPlan together to establish Uruguay based Incubator for early stage companies March 26, 2023 – JERUSALEM, Israel — The Ministry of Industry, Energy and Mining of Uruguay (MIEM) and OurCrowd, Israel’s most active venture investor and a leading operator of Israeli and global incubators are pleased to announce the signing of a memorandum of understanding (MOU) to collaborate in the potential establishment of a Technology Incubator in Uruguay within the framework of the Uruguay Innovation HUB Program (UIH). The MOU was signed on Sunday, March 26th, at OurCrowd’s offices in Jerusalem with OurCrowd CEO, Jon Medved, OurCrowd Partner and Head of Incubators, Ori Sobovitz, and Uruguay’s Minister of Industry, Energy and Mining, Omar Paganini. The Uruguay Innovation Hub, seeks to strengthen the country’s position as a technological hub for innovation and entrepreneurship, with the aim of promoting it as a nucleus for the development of new businesses for the region and the world. “The vocation of our country is to become a hub at the Latin American level,” said Uruguayan President, Mr....
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