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Israeli investor and entrepreneur Erel Margalit met with French Finance Minister Bruno Le Maire and leading technology and innovation figures at the Élysée Palace last week to establish Margalit Startup City Paris, which will function as an international innovation center that will help promote Paris as the international tech hub of Europe. The two agreed to create a package of incentives and benefits for Israeli startups and high tech entrepreneurs to choose France as their next high tech destination.   Cooperation between France and Israel is of strategic importance to the process of making Paris the international technological hub of Europe, especially after Covid-19. We intend to promote significant moves in taxation, and investment in technology as well as providing incentives and assistance for Israeli companies to build cooperation,” French Finance Minister Le Maire said.

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