TENAFLY, NJ – In an effort to assist Israelis who have recently moved to New Jersey, Choose New Jersey collaborated with the New Jersey-Israel Commission to co-host a seminar aimed at providing entrepreneurs with comprehensive knowledge on starting a business in the State. The event took place on February 6 in Tenafly to cultivate a conducive environment for networking and collaboration among participants, some of whom have been displaced from Israel following the attacks in October. 

The seminar covered a wide range of topics essential for Israeli business owners looking to establish themselves in New Jersey, including valuable insights into the services offered by Choose New Jersey, the New Jersey Economic Development Authority (NJEDA), and the New Jersey Business Action Center. Participants had the opportunity to learn about visas, setting up bank accounts, employee benefits, and the process of incorporating in New Jersey. Esteemed industry experts shared their expertise and provided guidance throughout the event. 

“We stand committed to assisting Israelis in establishing thriving businesses within the dynamic landscape of New Jersey,” said Karin Elkis, co-chair of the New Jersey-Israel Commission. “Continuing the important work of fostering collaboration, supporting the entrepreneurial spirit, and bridging innovation across borders is a win-win for both states.” 

“We are pleased to co-host this seminar with the New Jersey-Israel Commission. It not only aligns with our mission to foster economic growth in the State, but it also allows us to help Israeli businesses that have either temporarily relocated or are looking to expand to the North American market,” said Bill Noonan, Chief Business Development Officer at Choose New Jersey. “Entrepreneurs at this event gained a comprehensive understanding of the resources and assistance available to them, enabling them to successfully establish and grow their businesses in New Jersey.”

Choose New Jersey and the New Jersey-Israel Commission are committed to supporting entrepreneurs as they embark on their journey to build a prosperous future in the State. The event featured the following speakers: 

• Bill Noonan, Chief Business Development Officer at Choose New Jersey
• Josh Berliner, Executive Director at New Jersey Israel Commission
• Michael Wildes, Mayor of Englewood and Partner at Wildes & Weinberg P.C Law Office
• Mark Levenson, Sills Cummis & Gross
• Don Newman, New Jersey Business Action Center
• Andrew Gross and Erica Breiterman, New Jersey Economic Development Authority
• Brian Lee, PNC Bank

New Jersey is home to the fourth-largest Israel-born population and the fourth-largest population of Israeli ancestry in the United States and has longstanding ties to Israel. Israeli companies that expand here will find a cultural match within New Jersey’s thriving Jewish communities.

Both states share a spirit of entrepreneurship and innovation. Israel and New Jersey totaled $1.72 billion in two-way trade in goods in 2022, indicating a strong economic connection that is projected to continue to grow. 

ABOUT CHOOSE NEW JERSEY

Choose New Jersey is the state’s leading non-profit business attraction organization. We harness the collective power of New Jersey’s business, government, labor, and academic sectors to expand New Jersey’s economy. We work globally, using our marketing expertise, concierge business development services, deep knowledge of the state, and convening power, in collaboration with state government, to empower businesses, entrepreneurs, leaders, and innovators to make New Jersey their home.

Choose New Jersey’s New Jersey Israel Center was founded in 2023 during Choose New Jersey’s fifth business attraction trip to Israel. In partnership with the New Jersey Israel Commission, the New Jersey Israel Center continues to foster ties between New Jersey and Israel. For more information, go to choosenj.com. 

ABOUT THE NEW JERSEY-ISRAEL COMMISSION

The New Jersey-Israel Commission was established in 1989 to implement the goals of the New Jersey-Israel Sister State Agreement and is under the administration of New Jersey Department of State. The Commission promotes the development of trade, culture, and educational exchanges; encourages the development of capital investment and joint business ventures; and fosters a spirit of cooperation between the citizens of the State of Israel and the State of New Jersey.