Tuesday, September 29, 2015

Ramat Gan Bursa vying for Tel Aviv's FinTechies

Ramat Gan, just east of Tel Aviv is chasing FinTech firms with new attractive construction @ DAVider 2015
While Tel Aviv is undisputedly the location for Israeli FinTech entrepreneurs, Ramat Gan is still chasing the big city technologists and finaciers for attention. Long considered the "orphan child" of the central region, construction at the business areas is moving at a faster clip than anywhere in Tel Aviv. Allegation of cutting lengthy and expensive construction approval processes have been buzzing for decades (actually have turned into a conviction of the last mayor). Yet, the smaller (and much less glitzy) and more affordable city, somehow manages to continue building at a fast pace. There is a new effort to turn the more traditional location, home to banks, insurance companies and financial institutions into a start-up hub. Yet, this illusive goal, of capturing the imagination of the Israeli entrepreneur (and investor) within one location, is still unattainable. But not for the lack of trying. [more on this in future posts]


1 comment:

gary said...

Go Ramat Gan! How far is that tower at Elite Chocolate junction off Abba Hillel? Trump wants to put his name on it.