innovation israel

Bilateral Programs for Parallel Support

Goal of the incentive program:

To promote international cooperation in R&D based on significant technological innovation. These programs also offer assistance in finding technological business partners, as well as access to governmental support for the project.

Who are the programs for?

• Technological industrial companies from all industry sectors that wish to develop or upgrade the development of products, services or manufacturing processes with an international partner.
• Israeli technology companies and startups seeking to create strategic alliances and partnerships with companies and organizations abroad, to expand their operations, to undertake Beta site and trial (pilot) projects, to gain access to innovative R&D infrastructure abroad (labs, simulators, etc.), locate additional sources of financing, break into new markets and benefit from the access to knowledge and technology existing overseas.

What do you get?

• Assistance in finding a foreign partner.
• Conditional grants of up to 50% of the approved budget of a R&D project, or in accordance with the financial incentive program relevant for a joint project.
• Depending on the nature of the R&D collaboration agreement between the two countries, the collaboration’s approval can be provided without financial assistance (self-financing of the applicant company).

Terms of the programs:

• The support is provided subject to the provisions of the R&D Law applicable to the relevant incentive program, and in accordance with the various bilateral agreements. In most cases, the criteria for submission of applications to the bilateral programs include the following:
  • The product, service or industrial process to be developed within the framework of cooperation should be innovative, suitable for commercialization in the target markets, and have added value for the Israeli economy and for the project partner.
  • The partner companies must have the ability to implement the project and the R&D processes necessary for its completion, as well as the ability to fund their proportionate share in the process required for project realization.
  • Research institutes and academic entities are allowed to take part in the cooperation as subcontractors.
  • The partner companies must demonstrate that the cooperation between them is necessary for the development of a value-added technology, resulting from the transfer of knowledge between the companies, as well as from sharing of resources, infrastructure or commercial relationships, innovative application of existing technologies to new markets and more.
  • The partner companies will sign an agreement to regulate the rights to their intellectual property (IP) and ownership of new IP, which will be produced during the project and its commercialization. This agreement is to be subject to the R&D Law.
• Please carefully read the complete list of conditions, which specifies the rights and obligations of the companies, as detailed on the Authority’s website.

For further details: Bilateral Programs for Parallel Support 

 

R&D Cooperation with Multinational Corporations

Goal of the incentive program:

To enable small and medium Israeli companies to establish relationships with MNCs and take part in their technological and marketing activities. Encourages networking and strategic cooperation between the two sides. The list of participating foreign corporations is published on the website.

Who is the incentive program for?

Israeli technology companies, especially startups and young and innovative companies, engaged in R&D and interested in paving their way to new markets and business channels in Israel and abroad.

What do you get?

• Israeli companies receive a conditional grant of 20%-50% of the development budget approved by the Research Committee of the Authority.
• Israeli companies receive assistance and support from the MNC in the form of consulting, services and resources (in-kind assistance).
• The possibility of sharing ownership of intellectual property with the MNC, or providing the MNC with a non-exclusive license to use the new knowledge via an agreement between the project partners.

Why should you apply for this incentive program?

Access to Expertise and Experience: Assistance and support from a world-renowned MNC and access to its technological, industrial and commercial expertise and experience.

Funding for Technological Adaptation: Funding assistance from the Innovation Authority for R&D of new technology, or the adaptation of existing technology to the foreign corporation’s technological infrastructure. The company will pay royalties to the Innovation Authority but only if the project reaches the commercialization stage and generates sales revenues.

Productive Collaboration with a MNC: Growth possibilities, exposure to new markets and international connections as a result of the collaboration; a professional vote of confidence from a giant MNC.

For further details: R&D Cooperation with Multinational Corporations