The Federation of Israeli Chambers of Commerce (FICC) is Israel's leading business and trade organization and the umbrella organization of Israel's local chambers of commerce. The FICC represents thousands of businesses and organizations from over 80 Trade and Services sectors, in order to promote the ease of doing business in Israel. The Chamber provides a variety of business services and matchmaking activities to all economic branches - export, import, trade, tech and business services. 

DeltaTech-Korea Ltd.,(DTK) acts to facilitate innovation by providing the bridging, brokering and transferring knowledge necessary to bring together technology seekers and providers. Engaging in different parts of innovation journey, such as opportunity assessment, partner search, proposal writing, due diligence, valuation and negotiation, which results in business contracts of licensing, OEM/ODM, Franchising, Joint R&D and invest relations. 

Both organizations, which are open innovation facilitators and promote Business Partnerships and opportunities for companies from South Korea (DTK) and Israel (FICC), established a collaboration for the benefit of their clients, exchanging company profiles using their own open innovation platforms. 

The collaboration aims to facilitate opportunities and create new partnerships between companies from Israel and South Korea, with better communication and dynamic synergy between the two parties. This cooperation will lead the two parties to better cooperation, engagement, increase the bilateral trade and good relationships between two countries.