Midc News

Opportunities for Funding U.S.-Israel Cooperation for Renewable Energy and Efficiency
February 8, 2012

New Call for Proposals issued by BIRD Energy, a program sponsored by the U.S. Department of Energy and the Israel Ministry of Energy and Water Resources

The current call for proposals announced by BIRD Energy is in its fourth funding cycle for U.S.-Israel joint Project Proposals with a focus on Renewable Energy and Energy Efficiency. To be considered, a project proposal must include R&D cooperation between two companies or cooperation between a company and a university/research institution (one from the U.S. and one from Israel).

Why MIDC?
February 8, 2012

A unique opportunity for business professionals

The Associated’s Maryland/Israel Development Center (MIDC) is not your average non-profit. It is a pioneering hub for local and Israeli companies to do business. The MIDC has enabled scores of Israeli companies to enter the U.S. market, playing an active role in the establishment of almost three dozen Israeli offices in Maryland.

MarketReach America 2012
February 8, 2012

March 29, 2012 at Constellation Energy!

MarketReach America is the MIDC’s sophisticated corporate partnering program, connecting Israeli entrepreneurs with Maryland and U.S. business opportunities. MIDC prepares the Israeli companies for success by assisting in marketing, overcoming cultural differences and understanding the U.S. business arena. MIDC hosts Israeli companies looking to enter the U.S. market, exposing them to a network of potential investors, customers and strategic partners.

MIDC Annual Holiday Networking Event Welcomes Crowd of Jewish, Israeli Business Professionals
December 15, 2011

 Baltimore, MD - Dec. 14 - The Maryland/Israel Development Center (MIDC) last night hosted its third annual holiday networking reception at the University of Maryland BioPark. The evening drew upwards of 70 people, mostly business professionals in the hi-tech, biotech and financial sectors.

Maryland/Israel Fund Invests in Speech Recognition Firm
November 15, 2011

The Maryland/Israel Trendlines Fund L.P. is making its first major investment in NovoSpeech Ltd., an Israeli developer of speech recognition technology.

The $550,000 investment will help NovoSpeech develop a new algorithm that will make speech recognition technology more accurate. The company expects to achieve greater than 95 percent success rate with its speech recognition software.

NovoSpeech is working with a major manufacturer to embed its software in its Bluetooth devices and use the speech recognition technology as firmware.

MIDC Welcomes Preferred Provider: Gorfine, Schiller & Gardyn, P.A.
November 9, 2011

For over 75 years, Gorfine, Schiller & Gardyn, P.A. (GSG) has met the needs of its customers with innovative expertise in complex financial solutions. A Maryland-based full-service certified public accounting firm, GSG offers a wide range of tax, accounting, and consulting services to clients of all sizes. GSG was selected to audit the new Maryland/Israel Trendlines Investment Fund. Beth Perlman, Chair of Membership, Marketing and Event Committee, praised GSG for their outstanding community service and support of the MIDC.

Why Innovation is Thriving in Israel
November 7, 2011

Todd Dollinger, CEO of the Trendlines Group in Israel, recently shared his thoughts on MSNBC’s Dylan Ratigan show on why innovation is thriving in Israel. The Maryland/Israel Development Center (MIDC) has been partnering with the Trendlines Group for more than 15 years to promote business between Israeli and Maryland companies.

Push to Grow Jobs in Maryland, Israel
September 30, 2011

As the ancient proverb goes, “Give a man a fish, you feed him for a day.

The Interview: Barry Bogage
August 22, 2011

The Maryland/Israel Development Center sees itself as a matchmaker — not of a romantic kind but an economic one. For the past 19 years, the nonprofit group in Baltimore has been connecting Maryland companies with Israeli partners to promote trade and investments.

Most recently, MIDC helped secure funding for two Maryland companies to do business with Israeli firms through the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation.

Maryland center's $10M venture fund targets Israeli tech firms
August 19, 2011

Abba David Poliakoff’s “V8 moment” hit when he was plotting the Maryland/Israel Development Center’s future strategy early this year. If the nonprofit he chaired was doing so well in helping grow and develop Israeli companies, imagine what it could do as a for-profit company.

The Baltimore center has since set up its own venture capital fund, a for-profit subsidiary, to fund early-stage technology companies in Israeli incubators. The fund has so far raised $3.8 million toward a goal of $10 million, much of it from investors in Baltimore’s Jewish and business communities.

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