Former chief scientist takes reins at IVA

Orna Berry, a partner at Gemini Israel Funds who previously held the position of chief scientist at the Ministry of Industry, Trade and Labor, was named chairman of the Israel Venture Association on Thursday. Berry, who succeeds Yoram Oron in the position, also co-founded ORNET Data Communication Technologies helping to drive the company's growth until it was acquired by technology giant Siemens. Outlining the IVA's plans for the coming year, Berry told The Jerusalem Post key issues for the group would be to discover relationships with entrepreneurs and the evolution of young venture capitalists into the larger community as international activity would focus on the professional market segment, limited partners and institutional investors. Locally, she added, the IVA would work with institutional investors to augment social and educational activities with the Israeli community. "My intention is to continue the effort to ensure that the VC market remains the main engine for economic growth in Israel," she said. A.K.