Photo Credit: Abir Sultan / Flash 90
Israeli shekels

Bloomberg’s early June report on foreign capital flow into Israel stated that international investors are interested in Israeli startups because the “economy is expected to grow 2.8 percent this year compared with 1.8 percent for the US and the European Union.”

The Bloomberg financial news team asked Yoel Naveh, chief economist at Israel’s Finance Ministry, whether the Boycott, Divestment and Sanctions (BDS) movement against Israel has debilitated investments.

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“We don’t have a problem with foreign investment in Israel — on the contrary,” Naveh told Bloomberg.

“Good companies always keep raising [funds]; Israel’s startup community is doing well. We keep seeing great companies,” BVP’s Karp tells ISRAEL21c. “Good investors don’t change their minds every year because of the economy. I think most of the investors that are here are committed to Israel; they have people on the ground. They have a very long runway and they don’t have to show results every year, so I don’t think we’ll see any change [for the rest of 2016].”

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