BCBusiness

April 2019 – Thirty Under Thirty

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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T HE PROMISED L A ND B.C. IS BUILDING BUSINESS TIES WITH ISRAEL, WHOSE EXPAT PRESENCE HERE KEEPS RISING. CAN THE MIDDLE EASTERN COUNTRY'S VAUNTED CULTURE OF INNOVATION HELP OUR ECONOMY GROW AND DIVERSIFY? b y N G W E N G H O O N G p o r t r a i t b y A D A M B L A S B E R G S 40 BCBUSINESS APRIL 2019 TEAM PLAYER Bill Barrable heads the Rick Hansen Institute, which is working with Israeli researchers to create products for patients with spinal cord injuries ince independence in 1948, Israel has trans- formed parts of the harsh Negev Desert that occupies more than half of the country into forests and farms to grow food crops and even sh. But it would require a combination of Einsteinian imagi- nation and risk-taking to turn today's parched economic landscape between B.C. and Israel into fertile ground for innovation, invest- ment and trade. In 2017, Canada's bilateral trade with Israel was worth $1.7 bil- lion, according to Statistics Canada—just 0.15 percent of the former's $1.12-trillion global trade total. B.C.'s share of the Israel portion is so microscopic that provincial government statistics don't mention it. But numbers don't tell the full story. Beneath that trade desert, o‰cials from both countries are working with businesspeople, aca- demics, scientists and technologists to help build the foundation for B.C.'s future economy. "We don't look at the trade numbers as a matrix to measure the success of our projects," says Bill Barrable, CEO of the Rick Hansen Institute (RHI), the Vancouver-based spinal cord injury research and care centre. As part of a groundbreaking alliance with Hebrew Uni- versity of Jerusalem in 2017, the non-prot has begun focusing on developing commercially viable products to help people with spinal cord injuries ( SCI).

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