I am very happy to announce that the Israel Diamond Exchange (IDE) joins the "Start-Up Nation" with the coming opening of Diamond Tech Innovation Center – a technological incubator for Israeli and international diamond-related start-ups.
Through this initiative we plans to promote new technologies for diamonds in the broadest sense, reaching beyond gems and jewelry. This includes the use of diamonds in industrial platforms, robotics, semi-conductors, medical technologies, space technology, as well as software, finance, and B2B and B2C marketing platforms.
In establishing the Innovation Center, we are is partnering with Sarine, the Israel-based world leader in developing technologies for the diamond industry and the Hennig Diamond group, which has an international investment arm specializing in diamond technologies. The Technion- Israel Institute of Technology, has signed on as a strategic partner for research and development.
Serving as advisors to the project are Ernest & Young Israel, which specializes in the establishment of technological incubators and the legal firm Amit, Pollak, Matalon & Co., which works extensively in pairing Israeli technology companies and international investment funds.
We made a strategic decision to establish Diamond Tech Innovation Center because we are convinced that the diamond industry must advance technologically. Since Israel is a world leader in technology – with over 1500 new start-ups established every year – we are in a perfect position to take the lead in this. We will harness the energy and creativity of the Start-Up Nation for the good of our industry. The Israel Diamond Exchange will invest all of its resources to ensure the success of these start-ups and their contribution to the diamond industry