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
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
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...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
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...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...