DELEGATION OF LARGE COMPANIES FROM AUSTRALIA AND NEW ZEALAND VISIT KINNERET INNOVATION CENTRE TO EXPLORE BUSINESS COLLABORATIONS IN FOOD AND AGRICULTURE

10 MAY 2018. ZEMACH, JORDAN VALLEY
A delegation of large companies from Australia and New Zealand visited Kinneret Innovation Centre to learn more about Israeli innovation in agriculture, agtech, food, water and related technologies.

Australia and Israel are both global leaders in agriculture, and the aim of the visit was to help pave the way to commercial collaborations which will benefit both countries and promote global food security – with huge business opportunities for both countries. The meeting enabled delegates from each country to better understand business needs and opportunities in the other country and start to map out possible areas for collaboration.

Kinneret Innovation Centre will serve as ‘a bridge’ to facilitate and mentor quality collaboration and a hub in which companies can locate and work. KIC is a technology innovation hub and a ‘living lab’, established to provide a holistic environment for the development and in-field testing of innovative agriculture and food technology solutions. Founded on the partnership between the Kinneret Academic College and Zemach Regional Industries Ltd., KIC aims to attract and develop new talent, ideas, entrepreneurs, investments and enterprises, leveraging the extensive assets of the founders and strategic partners to create new economic levers and rewarding employment opportunities in the Jordan Valley, Israel.

The delegation reflected the diversity and size of agricultural industries in Australia and New Zealand, and their leading role in those economies. The delegation was led by senior representatives of Fonterra, a global dairy nutrition company with farming and processing operations across four continents and sales in 140 countries. Visiting senior executives represented Australia’s largest bank; a large New Zealand government VC fund and large Australian government investor; and large companies from the grain, fruit, livestock, animal nutrition and fertilizer areas, together with software companies, leading academics and other organizations.

Over a dozen Israeli companies made presentations, and important links were made between the companies during the networking event. Participants summed up the day by saying “Take Israeli chutzpah and innovation plus Australian and New Zealand experience and penetration of the APAC market…and the sky is the limit!” Kinneret Innovation Centre will be there to help companies all along the way to success in the global marketplace – and the development of the Jordan Valley.

The visit to Israel and KIC was organized by the Israel Trade Commission, Australia and the Trans-Tasman Business Circle.