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BLUETECH STARTUP COMPETITION ANNOUNCEMENT

Updated: Jan 26

Newport, Rhode Island Ashdod Israel

FOR IMMEDIATE RELEASE

January 11, 2021

The Rhode Island Israeli Collaborative (RIIC) in collaboration with Innovate Newport, The Greater Newport Chamber of Commerce, and HUBASHDOD Israel is pleased to announce a BlueTech Startup Competition that will kick off February, 22, 2022 at the Blue Innovation Symposium in Newport, Rhode Island, USA. The goal of the competition is to cultivate the international blue tech ecosystem by supporting startups and connecting them with strategic partners, mentors, and resources. The program will create connections specifically between the Ashdod Bluetech ecosystem and the Rhode Island Bluetech ecosystem.

The BlueTech Startup Competition will identify four startup companies in the Bluetech space from each location for a total of eight companies based on criteria developed by the innovation hubs in each city: HUBASHDOD and Innovate Newport. The companies will compete for a 1st place prize that will include cash as well as a customized trip to the partnering country where the winner will gain access to personalized introductions, meetings, and coworking space. U.S. Newport judges will judge the four Israeli pitches; whereas Israeli judges will judge the four American pitches.

“The Greater Newport Chamber of Commerce and Innovate Newport are excited to partner with Rhode Island Collaborate and HubAshdod in this bluetech pitch competition, for it is a unique and exciting opportunity to create networks of partners, investors, and mentors and broaden international business opportunities” comment Mollie Frazer Williams; Director of Innovation & Entrepreneurship at The Greater Newport Chamber of Commerce and Innovate Newport.

Hai Vahnish, Head of HUBASHDOD, adds “Ashdod Municipality and HUBASHDOD congratulate the cooperation with Rhode Island and Innovate Newport. Developing relationships between the two innovation ecosystems is a course of blossoming for knowledge, technology, and business. We welcome RIIC and Innovate Newport for advancing efforts and collaborations in the development of ecosystems in Bluetech.”

Applications for the competition will be due March 8 with finalists being announced on March 15. Pitches will take place March 22 and 29. The winner of the competition will be announced at an Award Ceremony on April 5, 2022.

”We look forward to enhancing Ashdod/Newport connections and supporting our respective start up communities through impactful programming with international significance,” states Erin Donovan, Executive Director of The Greater Newport Chamber of Commerce.

That sentiment was echoed by Avi Nevel, CEO and Founder of the Rhode Island Israel Collaborative (RIIC). “This competition will be invaluable in developing the relations between the two innovations ecosystems in Ashdod and Newport. We congratulate HUBASHDOD and Innovate Newport on their mutual effort in collaborating and developing ecosystems in Bluetech.”

For more information, contact

Mollie Frazer Williams; Innovate Newport; mollie@newportchamber.com

Erin Donovan-Boyle; The Greater Newport Chamber of Commerce; erin@newportchamber.com

Hai Vahnish; HUBASHDOD; haay1800w@gmail.com

Avi Nevel; Rhode Island Israel Collaborative (RIIC); anevel@theriic.org

ABOUT Innovate Newport

Innovate Newport is a coworking space and private office provider with the goal of supporting the Greater Newport region as a driving ecosystem for business enablement and innovation. We provide flexible space, access to resources and a collaborative community that allows businesses to thrive. Through our co-working space, business events, strategic partnerships, dynamic programming, and networking, Innovate Newport aims to cultivate a community of collaborators, innovators and entrepreneurs.

ABOUT The Greater Newport Chamber of Commerce

The Greater Newport Chamber of Commerce is one of the state’s largest business advocacy organizations, whose mission is to connect, innovate, enhance and advocate for the businesses of Greater Newport. As a trusted and reliable institution for nearly 100 years, the Greater Newport Chamber is a vibrant collective body of the greater Newport business community with nearly 1,100 members representing over 50,000 employees. We work to create valuable strategic partnerships, promote strong economic growth, diversity and prosperity to serve its members and the Greater Newport region.

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