Palestine and Romania forge a partnership to fuel their IT growth
The now established partnership will allow these organizations to exchange information and collaborate on multiple levels.
The Middle East and Eastern Europe might not seem like hot regions for IT development and growth, but the truth is that they are. So much, in fact, that they are even looking at the outside world and looking to expand and cooperate with foreign entities.
That is exactly what has recently been achieved by the Rawabi Foundation from Palestine and the Cluj IT Cluster from Romania, who established a strategic international partnership with the goal of creating and strengthening the business relationships between the two entities.
Hosted in the city with the same name, the Rawabi Tech Hub plays an important role in Palestine’s ICT sector, as it is helping with the incubation micro and small start-up companies in that sector.
This hub plans to leverage Palestine’s advancement of the sector on three main pillars: the creation of an infrastructure for local and international enterprises, creation of a technology-focused training institute, and leveraging the collaborative and innovation-spurring community work spaces and investment funds.
On its end, the Cluj IT Cluster exists since 2012 and currently encompasses over 65 members, including IT companies, universities, research institutes and more. Collectively, the Cluster employs thousands of professionals, with an annual global turnover of more than $100 million.
Just like its Palestinian counterpart, Cluj IT Cluster aims to increase the competitiveness of the Romanian IT sector, as well as raising awareness to it, with the goal of making it an important player on Central and Eastern Europe.
The now established partnership will allow these organizations to exchange information and collaborate on multiple levels, including mentorship, marketing support, investment assistance and a wide range of other business development services. They also agreed to share their respective networks and market access channels for benefit of the other party.
Such a partnership is a good sign and should be complimented, as emerging IT regions should definitely establish these partnerships in order to mutually help each other to grow.
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