- Israel is often called the “Startup Nation” due to the sheer number of entrepreneurs and tech companies in the country of 9 million people.
- While Arabs make up 21% of Israel’s population, they currently only make up about 3% of the tech workforce.
- Itzik Frid, a longtime Israeli tech entrepreneur and the CEO of a startup incubator focused on Arab-led startups, thinks that the lack of Arab representation comes down to four factors, including geography.
- Most Arabs in Israel live far from Tel Aviv, Israel’s tech hub. But he thinks that could be starting to change.
- This post is part of Business Insider’s series on Better Capitalism.
Israel produces an impressive number of highly successful tech companies for a country with just 9 million people, from social navigation app Waze, which sold to Google in 2013 for $US1.15 billion, to autonomous driving company Mobileye, which sold to Intel last year for a whopping $US15.3 billion.
Read the full article by Harrison Jacobs at Business Insider Australia.i