Established in 1948, Israel is a small country that has overcome constant conflict and shares many similarities with South Korea. Despite unfavorable circumstances, Israel has demonstrated resilience during economic crises with trademark Chutzpah, undergoing initiatives such as the Yozma Fund, Technology Incubator, Public Technology Commercialization, and Global Enterprise R&D Center to become an internationally recognized nation of start-ups and technological innovation.
The Yozma Fund was created in conjunction with the Israeli government in 1993 to support the globalization of Israeli start-ups and to foster the growth of Israel’s venture capital industry. The Fund was privatized in 1998.
YOZMA GROUP KOREA
Yigal Erlich founded Yozma Group Korea to serve as the hub for Asia region in 2015. Drawing from the Israeli-style incubation system and its global network, the company provides services in all areas, from investment to exit, in order to cultivate exponential growth by helping Korean and Asian companies make headway in the global market.