The state of New Jersey and the Israel Innovation Authority (IIA) have inked an agreement aimed at strengthening economic ties between the “innovators” and tech industries of Israel and New Jersey, Governor Phil Murphy’s office announced, according to NJBIZ.
Tim Sullivan, CEO of the New Jersey Economic Development Authority, signed a formal memorandum of understanding with IIA, an arm of the Israeli government aimed at boosting industrial research and development and the innovation economy within the country.
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