HomeOpinionIsrael isn’t losing to Europe. It’s simply not showing up - opinion

Israel isn’t losing to Europe. It’s simply not showing up – opinion

Tell me if this sounds familiar: an Israeli start-up with a mature product and proven technology heads straight to San Francisco to raise capital, while a German construction company worth tens of billions of dollars is looking for exactly what it has.

Its investors are ready to invest. The Israeli company has no idea they exist. This is not an isolated case. It’s a systemic failure.

Europe’s construction sector accounts for roughly 10% of the EU’s economic activity and employs more than 15 million people, one of the largest economic sectors on the continent.

Some of the world’s largest construction companies, including VINCI, ACS, Hochtief, and Skanska, are European. Stricter sustainability regulation, labor shortages, and the pressure to raise productivity are driving the industry to invest in technological solutions at an unprecedented pace.

Corporate giants with serious investment and development budgets are building dedicated arms to identify and adopt new solutions.

An illustrative image of Israeli and the European Union flags with a division between them. (credit: SHUTTERSTOCK)

Europe is only one example. While Israeli start-ups reflexively aim for the United States, decision-making and investment hubs are opening in parallel across Europe, Asia, and other arenas around the world. And we’re simply not there.

Israel develops technologies that are in demand in nearly every advanced industrial market. But in most cases, they never reach the decision makers and are overlooked or entirely not evaluated.

In sectors like construction and infrastructure, where decisions are based on relationships and trust through procurement, pilots, and partnerships with major corporations, absence is no less a barrier than a lack of capability.

Technology that never reaches the market doesn’t become innovation. It becomes a missed opportunity.

And none of this should be blamed on politics. Yes, the diplomatic climate in Europe is complicated, but that’s not the whole picture. While diplomacy struggles, the private market keeps working.

A construction company that needs to shorten timelines and meet sustainability targets doesn’t ask whether the technology is Israeli. It asks whether it solves its problem.

So if it isn’t technology, and it isn’t politics, what is it?

It is the Israeli ecosystem. We’ve grown comfortable calling ourselves the Start-Up Nation, celebrating every funding round and photographing every exit. But we fixate on the founding stage and forget everything that comes after it.

No one sees it as their job to continuously map global opportunities, make them accessible to entrepreneurs, identify relevant competitions and accelerator programs, highlight foreign investors looking to invest, and ensure Israeli companies are in the right place at the right time.

Everyone assumes someone else is already doing it. In practice, no one owns it.

The missing link: global exposure

Recently, I came across an example that shows just how deep the gap runs. Only one Israeli company knew in advance about one of the world’s largest construction tech competitions – the Construction Startup Competition. All it took was letting a few companies know about the opportunity. Within days, the number of Israeli start-ups applying had increased fivefold. This didn’t happen because four more good companies suddenly appeared. 

It happened because someone simply made sure they knew the opportunity existed and bothered to tell them: you have a stage. Step onto it. This shouldn’t be the exception. It should be the standard.

At the major conferences and trade shows in the field, Germany shows up with national delegations. So do the Netherlands, Finland, and South Korea. Israel appears only occasionally, and usually without a coordinated effort.

That’s precisely where partnerships are sealed, investments are born, and pilots are signed with the world’s largest construction companies. Israel’s accidental presence isn’t a strategy. It’s a failure.

What’s missing is bridges, not brilliance. Israel doesn’t need more good ideas. It needs more presence in the arenas where tomorrow’s partnerships are being built.

That requires a shift in mindset: not to wait for the world to come to us, but to be there when it’s searching. Every international platform where an Israeli start-up shows up is another stone in that bridge.

The question is no longer whether Israel has something to offer. In a global economy, what never meets a market never becomes impactful.

International investors don’t come to Israel by accident. They come because they saw us on a stage. And if we never step onto that stage, we shouldn’t be surprised when the applause goes to someone else.

The writer is the founder of the Israeli Center for Construction Technology (ICCT) and Global Construction Tech.


Source:

www.jpost.com

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