Knesset hosts seminar on small business

Regulatory issues and assistance to businesses on the conflict line will top the agenda of a seminar focusing on small- and medium-sized businesses at the Knesset today.

January 9, 2007 08:07
1 minute read.


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


Regulatory issues and assistance to businesses on the conflict line will top the agenda of a seminar focusing on small- and medium-sized businesses at the Knesset today. "The main challenges of small- and medium-sized businesses revolve around regulatory issues including those relating to credit, value-added tax levies, and access to government tenders," said Shmuel Rozenman, chairman of the Israel Small and Medium Enterprises Authority. "The goal of the day is to stress the problems and advance the suitable solutions for the sector." The Knesset will host seven different committee discussions today in an effort to lift the difficulties experienced by small- and medium-sized businesses, particularly those on the conflict line. Among the issues up for discussion, the Knesset Finance Committee will debate bank and revolving credit available to the businesses and credit benefits available to businesses on the conflict line. The Economics Committee is scheduled to discuss their involvement in government tenders, while the committee for labor, welfare and health will discuss social conditions for the self-employed and the Education Committee will explore introducing entrepreneurship as a compulsory subject at high schools. The remaining three discussions will explore the entrepreneurial potential of immigrants from the former Soviet Union and Ethiopia, advancing women in various business sectors and easing the municipal tax burden. The committee sessions will be followed by a panel discussion on the situation of small and medium enterprises in the Center and in conflict areas. Among those participating in the discussion will be stand-in Tax Authority director and former Finance Ministry director-general Yossi Bachar, Ministry of Industry, Trade and Labor director-general Gavriel Maimon, the small business Authority's Rozenman and Manufacturers Association of Israel President Shraga Brosh. In light of the day's activities, Brosh called on the government to strengthen its operations in absorbing the research and development being carried out by small factories and to help improve the proposals by these factories for grants from the Chief Scientist. The Manufacturers Association reported that these factories' R&D expense make up on average 3.1% of the total. Small- to medium-sized factories made up 13% of industrial exports selling $3.8 billion worth abroad in 2006 while they make up 26% of total proceeds in industry, it said.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection


Cookie Settings