Israel earmarks NIS 2.5 million to make cities smarter

Startup Nation wants to draw entrepreneurs to use technology to meet the challenges facing cities in and out of Israel

A new government initiative will allocate some NIS 2.5 million ($689,000) to a national program to help make cities in Israel and around the world smarter.

The program, called CITYZOOM — Smart cities in Israel, aims to create a local ecosystem that will encourage entrepreneurs to address the problems that haunt cities, from cybersecurity threats to traffic jams and smart parking. At the center of the program will be a database that will match local authorities with startups and companies that have technologies that can address their issues.

The database will include issues experienced by other cities, including Chicago, London, New York and Barcelona, a statement announcing the initiative said.

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