Greater Heksinki PromotionsI and Miikka had a chat yesterday with Tatu Laurila, CEO of Greater Helsinki Promotions about a venture they are organising for Finnish startups and prospects to Israel. Greater Helsinki Promotions is co-organising the event with Technopolis ventures.

Ten of the finest Finnish companies eligible for this venture will be sent to Israel to the IVA Hi-Tech Conference 2008. The event is held in Tel Aviv 19.-20.5.2008. The Israeli Venture Capital Association (IVA) has offered the Finnish organizers an opportunity to bring 5-10 promising start-ups plus an accompanying delegation to Tel Aviv for IVA’s annual conference, which attracts about 1,500 global players from the high tech industry, including VC and Corporate investors. Large number of global VC’s will attend the conference. The estimated cost for the whole program is a maximum of 5000 € at the maximum, a more exact budget will be available in the next couple weeks.

Deadline for enrollment is 2.4.2008. If you’re interested, contact Will Cardwell of Technopolis Ventures for more information on how to apply.

For those who are unaware with the startup and entrepreneurship environment in Israel, it is a lot more effective than it is in Finland. The countries themselves are similar in size and population. With a focus on entrepreneurship and a 15-year strong track record, Israel has managed to enlist over 100 companies to Nasdaq and there seems to be more in the pipeline. There’s definitely a lot there to learn. Arctic Startup will try to cover the process, preparaion up to the event and the event itself as thoroughly as possible. Stay tuned!