I would like to introduce you to a new grant program initiated by the Office of the Chief Scientist and the Ministry of Economy (sometimes the State not just asking what you can do for it, but also does something for you… )
The grant program is made for seed level start-ups in all high-tech industries, that hadn’t received any other governmental grant (except “TNUFA” program and the incubators sponsored by the government programs, those are eligible for the grant even though already received some sort of governmental support).
The Grant includes receiving up to 50% of the start-up’s R&D authorized expenses up to 5 million NIS. Companies located at the periphery areas are eligible for additional 10%.