Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

Estonian Prime Minister Andrus Ansip San Jose Visit Promotes Ties Between Silicon Valley and Estonia

Enterprise Estonia Technology Embassy to Open Up New Investment Opportunities to San Jose and Silicon Valley

SAN JOSE, CA -- (MARKET WIRE) -- 12/01/07 -- San Jose Mayor Chuck Reed and members of the San Jose City Council Friday, Nov. 30, warmly welcomed Estonian Prime Minister Andrus Ansip to the Capital of Silicon Valley. Ansip, along with the Honorable Vaino Reinart, Ambassador of the Republic of Estonia to the United States, spent the afternoon with Mayor Reed, members of the Community and Economic Development City Council Committee and San Jose officials. Discussions focused on key economic development initiatives that have propelled San Jose and Estonia as global leaders in technology and innovation.

"San Jose is honored to host Prime Minister Ansip and his delegation. The evolution of Estonia as one of the most dynamic economies of the European Union is a remarkable success story. We are pleased that Estonia and Estonian entrepreneurs -- through Enterprise Estonia -- have chosen San Jose as their West Coast landing pad to establish strong relationships with other top global technology companies here in the Silicon Valley," said Reed.

Estonia is considered one of the most technologically progressive countries in Europe -- with one of world's most advanced telecommunications infrastructures. As a testament to the country's commitment to innovation, the popular Internet phone application Skype, now a part of eBay, was developed in the Estonian city of Tallinn. In Estonia, web-based services for doing business are provided both by the government and the private sector are widespread, with 98 percent of banking transactions made electronically. More than 80 percent of income tax filings by individual citizens of Estonia were filed electronically in 2006, and 65 percent of the population uses chip-based ID cards.

Later in the afternoon, Prime Minister Ansip ceremonially opened Enterprise Estonia, a new "tech embassy" in Downtown San Jose. Located at the US Market Access Center, an international business incubator sponsored by the City of San Jose's Redevelopment Agency, Enterprise Estonia will facilitate the needs of Estonian businesses and entrepreneurs.

"As a crossroads for global talent, innovation and capital, San Jose is delighted to be aligned with the Estonian entrepreneurial spirit and to have the Enterprise Estonia Technology Embassy in our Downtown. Estonia and San Jose have similar characteristics: a workforce with a progressive technology culture and intellectual vigor that drives innovation. By building strong ties with each other, we will both grow our economies here and throughout the world," Reed said.

Enterprise Estonia Technology Embassy, will also provide financing, counsel, partnership opportunities and training for entrepreneurs and research and development institutions. With offices in Helsinki, London Stockholm, Moscow, St. Petersburg, Hamburg, Kiev, Shanghai and now San Jose, Enterprise Estonia was founded in 2000 by the Ministry of Economic Affairs with the aim of promoting the competitiveness of the Estonian entrepreneurial environment and Estonian businesses and is one of the institutions responsible for the implementation of EU structural funds in Estonia.

About the US Market Access Center

The US Market Access Center (US MAC) is the leading gateway to the United States for international companies. The US MAC, formerly the International Business Incubator, was established in 1995 to attract international firms to San Jose and to help them enter the U.S. market. Located in Downtown San Jose, the US MAC offers home office and business development services, including extensive research and consulting services, to international companies. The US MAC is operated and managed by the San Jose State University Research Foundation in partnership with the San Jose Redevelopment Agency.

About the City of San Jose's Office of Economic Development

The City of San Jose's Office of Economic Development (OED) is committed to a vital, competitive San Jose economy that increases prosperity for people and companies and enhances City revenues. The Office guides the City's economic strategy, provides assistance for business success, helps connect employers with trained workers, and provides art and cultural resources to our community. For more information, please visit, www.sjeconomy.com.

About the City of San Jose

From its founding in 1777 as California's first city, San Jose has been a leader, driven by its spirit of innovation. Today, San Jose stands as the largest city in Northern California and the Capital of Silicon Valley -- the world's leading center of innovation. The city, the 10th largest in the U.S., is ranked the most competitive knowledge economy by the World Competitive Knowledge Index. San Jose, home to Cisco, Adobe, eBay, BEA, Xilinx and Cadence, is the most diversified innovation-based economic community, spanning seven core technology sectors, with 1,500 of the 2,500 largest technology firms in the world located within 30 miles of Downtown San Jose. The City's economic strategy focuses on small companies and start-ups with potential to become global leader and is complemented by the largest comprehensive incubator program in the nation, including the Software Business Cluster, Environmental Business Cluster, US Market Access Center for international business, and San Jose BioCenter. For more information, visit, www.sanjoseca.gov.

Contact
Steven Brewster
(408) 535-8168
San Jose Office of Economic Development
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...