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2016 Connecticut-Israel Innovations Showcase Highlights Foreign Direct Investment in State

Ofer Sadka, SolviewCaption: Ofer Sadka, CEO of the Israeli solar analytics firm SolView, discusses why he chose Connecticut as his U.S. base of operations at the 2016 Connecticut-Israel Innovations Showcase, held May 11 in Hartford.
Credit: J. Fiereck Photography.

Hartford, Conn. (May 16, 2016) – Nearly 200 business leaders and members of the Jewish community attended the 2016 Connecticut-Israel Innovations Showcase on May 11 to learn about Israeli entrepreneurs who have recently located their U.S. operations in Connecticut. An increasing number of Israeli businesses are opening international offices in the state, citing the prime East Coast location, excellent quality of life and support from the Jewish community and local economic development organizations. 

The Showcase featured remarks by Israeli business leaders as well as local academic, medical and economic development leaders who are partnering with Israeli organizations. Presenters included:

Ofer Sadka, Chief Executive Officer of SolView, a Hartford-based company that uses patent pending image analysis and computer vision technology to help solar companies target and engage customers, increase conversion rates and reduce marketing costs;

Lior Hessel, Chief Executive Officer of Growponics – a partner in H2O Farm, a Guilford-based lettuce farm that uses hydroponic technology to save up to 80 percent of the water used through recirculation and eliminate groundwater contamination;

Isaac L. Moss, MD, MASc, FRCSC, Assistant Professor of Orthopaedic Surgery at the UConn Musculoskeletal Institute at UConn Health, who is using the Israeli Mazor Robotics Renaissance Guidance System to assist in spinal surgeries at UConn John Dempsey Hospital; and

Daniel Weiner, PhD, Vice President for Global Affairs at the University of Connecticut, who discussed the university’s many academic and research partnerships with Israeli institutions.

Commissioner Catherine Smith of the Connecticut Department of Economic and Community Development and Jason Giulietti, Vice President of Business Recruitment at the Connecticut Economic Resource Center, Inc. (CERC), provided an overview of the state’s economic development efforts with Israel.

Israeli businesses’ desire for collaboration and demand for construction, legal and other services have already had a positive economic impact on Connecticut businesses. “Technological collaboration and foreign direct investment through global partnerships are critical in ensuring a bright future for the Hartford Region and the entire State,” said Oz Griebel, MetroHartford Alliance President and Chief Executive Officer. “The Alliance is committed to strengthening international business relationships, and our investors are already reaping benefits from their connections to Israeli innovators.”

The program was a joint presentation of the MetroHartford Alliance, Jewish Federation of Greater Hartford and CERC; it grew from a highly successful partnership between the three organizations that began in 2011. Past collaborations include three Technology Summits that attracted hundreds of regional businesses to meet Israeli startups and a 2013 business mission to Israel led by Commissioner Smith. Last year’s Showcase drew healthcare industry leaders from across the state to meet with Israeli medical and health information technology entrepreneurs. 

Sponsors of the 2016 Showcase included DECD, Universal Enterprise LLC, UConn Global, UConn Health, Wellstone Insurance, Cantor Colburn LLP and Wiggin and Dana as well as Pullman & Comley LLC, which has supported the Connecticut-Israel business relationship for many years and is the Founders Circle Partner for this year’s program. 

For highlights from the Showcase, visit http://bit.ly/CTIsraelInnovationsShowcase.

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About MetroHartford Alliance
The mission of the MetroHartford Alliance is to compete aggressively and successfully for jobs, talent and capital for the Hartford Region and to ensure that the Hartford Region is a premier place for all people to live, work, play, start and grow a business, and raise a family.  Through its members’ intellectual capital and financial investment, the Alliance is able to implement key strategies that further our regional goals of job growth, wealth creation, and talent attraction and retention. Visit www.metrohartford.com for more information.

About Jewish Federation of Greater Hartford
Since 1945, Jewish Federation of Greater Hartford has been a community leader and change agent, working with a diverse set of partners to create a thriving, caring and connected Jewish network in 30 towns in Greater Hartford. Federation collaborates with partners across the State to create meaningful connections to Israel; care for the neediest and bring Jewish values to life. Visit Federation online at www.jewishhartford.org.

About the Connecticut Economic Resource Center
The Connecticut Economic Resource Center, Inc. (CERC) is a nonprofit corporation and public-private partnership that provides economic development services consistent with state strategies, leveraging Connecticut’s unique advantages as a premier business location. Visit www.cerc.com to learn more.

MetroHartford Alliance Media Contact:
Brian Boyer
VP Communications, Marketing, Media and Public Relations
860.728.2290
bboyer@metrohartford.com