Israel Innovation Authority

Overview

The Israel Innovation Authority is an independent statutory public entity responsible for formulating and executing Israel's innovation policy. Its mission is to strengthen the innovation ecosystem and promote innovation, entrepreneurship, and disruptive technologies as levers for inclusive and sustainable economic growth. The Authority provides conditional grants to support disruptive technological innovations and engages in creating the groundwork and infrastructure to prepare for future technologies, aiming to maintain both technological and economic leadership and improve productivity and global competitiveness of the Israeli economy. The Authority operates through various divisions, including the Innovation Infrastructure Division, which supports research infrastructures and breakthrough technologies; the Startup Division, which assists entrepreneurs in developing new technological ideas into products; the Growth and Advanced Manufacturing Division, which helps companies grow through technological innovation; and the International Collaborations Division, which supports Israeli companies in entering international markets by financing R&D collaborations with foreign companies. Additionally, the ISERD division supports the participation of Israeli companies in European Union framework programs. By offering a variety of practical tools and funding platforms, the Israel Innovation Authority addresses the dynamic and changing needs of the local and international innovation ecosystems. Its efforts contribute to the advancement of Israel's knowledge-based science and technology industries, encouraging innovation and entrepreneurship while stimulating economic growth.

Investment Focus

• Innovative technological solutions
• Potential for significant economic impact
• Alignment with Israel's strategic sectors
• Potential for global impact
• Alignment with Israel's economic growth objectives

Portfolio Companies