SHINING A LIGHT ON GRANTS
Support grants for internationally competitive industrial companies
Industrial companies located in Development Area A can receive grants of 20% of the approved investment,1 covering investments in fixed assets (equipment, buildings, furniture, etc.) over a period of 5 years. The company must be internationally competitive and registered as an Israeli entity.
The company can receive an additional grant of up to 8% if it is located in the Negev.1
SUPPORT GRANTS PROMOTING R&D MAIN GRANTS FOR GENERIC R&D NON ROYALTY BEARING
THE GENERIC PROGRAM
Large companies can receive up to 20% of their annual R&D budget. Eligible companies: annual sales exceeding US $100 million with over 200 R&D employees in Israel, or alternatively, R&D budget in Israel that exceeds US $20 million.
MAGNET
Aimed to enable a long-term R&D process. Industrial companies cooperating with academic institutions and potential qualifiers can apply for grants covering up to 66% of the R&D budget in an industrial company and of 80% of the R&D budget in a research institution. The objective is to support technologies with a commercialization horizon of 3 to 5 years.
MAGNETON
Offers a grant of up to 66% of the approved budget in order to support technology transfer from academic research institutes to industry for commercialization purposes.
NITZAN FUND
Supports technological collaboration between research institutes and agricultural companies.
MAIN GRANTS FOR APPLIED R&D ROYALTY BEARING
THE COMPETITIVE PROGRAM
Grants cover up to 50% of the approved development budget, depending on several criteria such as technological innovation, business potential and the applicant’s capability.
TRADITIONAL INDUSTRY PROGRAM
Grants of 50% of the approved budget aimed to assist traditional industries companies that are interested in upgrading their competitiveness by implementing innovative R&D.
TNUFA FUND
Designed for pre-seed companies. Grants of up to 85% of the budget or NIS 200 thousand.
KIDMA
A fund designed for cyber-security companies with grants of up to 50% of the approved budget and participation in marketing expenses.
TECHNOLOGICAL INCUBATORS
The primary goal of this program is to transform innovative technological ideas in their early, high-risk stages into viable startup companies capable of raising money and operating on their own. For a period of 2-3 years, the program provides approved companies with full financial support (approximately US $500,000 – US $750,000) to be repaid to the government only upon generation of sales.
GLOBAL ENTERPRISE R&D COLLABORATION FRAMEWORK
This flagship program aims to encourage partnerships between Multi National Companies (MNC) and startup companies in Israel, in order to maximize the synergy between the partners’ strengths. Within this framework, both the Office of the Chief Scientist (OCS) and the MNC commit to equally invest in pre-selected R&D projects, conducted jointly by the MNC and the Israeli company. The MNC can invest in cash and/or in kind, i.e. it can provide the startup with facilities like: technological guidance, borrowing equipment, using labs, discounted software licenses, regulatory advice, etc., instead of or in addition to cash funding. Eligible MNC must have annual revenues exceeding US $2 billion, significant investment in R&D, and worldwide presence. To date, over 40 corporations have joined the program.
1 Subject to the Investment Center’s approval