Detroit summit boosts Israeli business in face of pro-Palestinian wave

The first-ever US-Israel Innovation Exchange Summit was held this week in Michigan at the Huntington Bank headquarters. During the event, attendees signed a memorandum of understanding to create a framework for cooperation, information sharing, and coordinated activities aimed at strengthening economic, innovation, investment, and commercial relationships between the United States and Israel.

The Jerusalem Post reports that dozens of regional groups, many of which are funded by local governments, participated in the summit to promote American business ties with Israel. Elad Strohmayer, the consul general of Israel to the Midwest, told the Jewish Telegraphic Agency that many states seek to recruit Israeli businesses to drive economic growth and that the US serves as a key destination for Israeli entrepreneurs looking to expand.

The Michigan Israel Business Accelerator faced criticism ahead of the summit, with Representative Rashida Tlaib calling for the state to end funding for the group, according to The Times of Israel.

Brief written by urgent.news from The Times of Israel, Jerusalem Post — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.