65% of small Israeli start-ups may fail due to coronavirus lockdowns

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Jun 01, 2020 | News | Jerusalem & Area
65% of small Israeli start-ups may fail due to coronavirus lockdowns

Around 65 percent of small Israeli start-ups expect to cease operations in the next six months due to the
economic impact of the coronavirus crisis, a poll released Sunday said.

The survey, conducted by the Israeli Innovation Authority (IIA) -- a state agency that finances start-ups -- and a consortium of tech industries, paints a gloomy picture of future in the self-styled "start-up nation".

Full Story (Israel National News)


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