Dayton Business Journal
Dayton-area officials plan to launch an office in Haifa, Israel as a way to boost aerospace and high-tech development work in the Dayton region.
The city of Dayton, Montgomery County and the Dayton Development Coalition announced Wednesday they were teaming up to open the new office as they signed an economic development agreement with Haifa officials. A delegation from Haifa has been in town to mark the formal launch of the new relationship.
Montgomery County Commissioner Dan Foley said $350,000 in private donations has been raised to staff a one-person office and Haifa officials plan to provide some in-kind support for office space. The Dayton delegate in Haifa will work to “marry” companies from Haifa and the Dayton region. A board will be seated to oversee the initiative and Foley expects the office to open by the start of 2010.
“Our goal is to give this thing three good years,” Foley said. “We think that having somebody on the ground in Israel, given what we know about all of the opportunities that are there, is a strategy that has great promise. Our communities have a lot in common, good way to help each other.”
E-mail jcogliano@bizjournals.com. Call (937) 528-4424.
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