In an effort to assist Israelis who have recently moved to New Jersey, Choose New Jersey collaborated with the New Jersey-Israel Commission to co-host a seminar yesterday aimed at providing entrepreneurs with comprehensive knowledge on starting a business in the state. The event took place in Tenafly to cultivate a conducive environment for networking and collaboration among participants, some of whom have been displaced from Israel following the attacks in October.
The seminar covered a wide range of topics essential for Israeli business owners looking to establish themselves in New Jersey, including valuable insights into the services offered by Choose New Jersey, the New Jersey Economic Development Authority (NJEDA), and the New Jersey Business Action Center. Participants had the opportunity to learn about visas, setting up bank accounts, employee benefits, and the process of incorporating in New Jersey. Esteemed industry experts shared their expertise and provided guidance throughout the event.
“We stand committed to assisting Israelis in establishing thriving businesses within the dynamic landscape of New Jersey,” said Karin Elkis, co-chair of the New Jersey-Israel Commission. “Continuing the important work of fostering collaboration, supporting the entrepreneurial spirit, and bridging innovation across borders is a win-win for both states.”
“We are pleased to co-host this seminar with the New Jersey-Israel Commission. It not only aligns with our mission to foster economic growth in the State, but it also allows us to help Israeli businesses that have either temporarily relocated or are looking to expand to the North American market,” said Bill Noonan, chief business development officer at Choose New Jersey. “Entrepreneurs at this event gained a comprehensive understanding of the resources and assistance available to them, enabling them to successfully establish and grow their businesses in New Jersey.”
Choose New Jersey and the New Jersey-Israel Commission are committed to supporting entrepreneurs as they embark on their journey to build a prosperous future in the state. The event featured the following speakers:
New Jersey is home to the fourth-largest Israel-born population and the fourth-largest population of Israeli ancestry in the United States and has longstanding ties to Israel. Israeli companies that expand here will find a cultural match within New Jersey’s thriving Jewish communities.
Both states share a spirit of entrepreneurship and innovation. Israel and New Jersey totaled $1.72 billion in two-way trade in goods in 2022, indicating a strong economic connection that is projected to continue to grow.
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