The Michigan Israel Business Bridge (MIBB), which has been a cornerstone of the Michigan Israel business agenda for the past 10 years, is transitioning to a more robust economic growth bridge between Michigan and Israel. With this new transition comes a new name:  The Michigan Israel Business Accelerator (MIBA).

Through the assistance of the Michigan Economic Development Corporation (MEDC) and private support, MIBA will elevate the scope and scale of the Michigan Israel relationship, targeting the convergence of technology, industry and research in such sectors as advance manufacturing, mobility, cyber, defense, water, health and life science and agriculture.

“MIBA will be the single portal for business-to-business connections between Michigan and Israel,” said Mark Davidoff, Michigan Managing Partner, Deloitte, who is helping to lead the transition. “We are building on the historic work of MIBB, the efforts of Governor Snyder and the MEDC, and the three leadership missions to Israel that have occurred since November 2015.”

“With the tremendous progress made to date and the convergence of the strategic direction of Michigan and Israel, it is the right time to build on the organization’s success and expand the opportunities for greater outcomes,” said Beth S. Gotthelf, MIBB President, and an attorney with Butzel Long. “There is more opportunity than ever for Michigan and Israel-based companies, from mature organizations to start-ups, to collaborate for the benefit of all. This new organization is a win-win for both Michigan and Israel.”

“Michigan’s strong economy continues to offer opportunities for businesses from around the world to find success here thanks to our tremendous resources and talented workforce,” said Michigan Gov. Rick Snyder. “Our ever-expanding collaboration with Israel — especially in the areas of mobility and entrepreneurship — will allow us to build upon that relationship and create more jobs within both our borders.”

Jeff Mason, President and Chief Executive Officer, MEDC, said, “the establishment of MIBA is built on the long-term commitment of business leaders, the Jewish Federation of Metropolitan Detroit, the foundation community and universities, among others, that have worked together over the years to build a deep business-to-business connection with Israel. With the transition to MIBA, it will provide an even stronger catalyst for driving economic development between Michigan and Israel.”