Korea Israel Business Council (KIBC)'s history had begun with a giant step with an encounter with former Israel's Prime Minister, Ehud Olmert. PM Olmert attended the first Korea Israel Business Forum held in Jerusalem in 2012. With his generous acceptance to endorse the K-I business relation, KIBC was able to pave the way to pursue combined efforts of both countries' ongoing innovative technology initiatives. Without the former Prime Minister, Ehud Olmert, it would not have been possible to come this far. Therefore, we want to frame this very significant moment of the encounter with Prime Minister Ehud Olmert as the remarkable moment of the KIBC establishment.