In order to leverage Jerusalem’s competitive advantage in the life sciences, the Jerusalem Development Authority (JDA) established and funds BioJerusalem, which operates as a one-stop center for life sciences entrepreneurs, companies and investors operating in Jerusalem. Our goal is to serve as a catalyst for the development of the life sciences industry in Jerusalem through creating value for the local life sciences community.
BioJerusalem’s mission is to promote business development and connectivity for the life sciences industry in Jerusalem by streamlining investments, as well as advising and assisting companies in the city throughout their various stages of growth.
We help provide a soft landing for companies that wish to move or establish themselves in Jerusalem by offering exclusive economic benefits, as well as providing assistance in finding suitable research labs and office space. BioJerusalem’s experience in working holistically with all parts of the local ecosystem allows it to create meaningful connections between key players in the city from the fields of academia, industry, or local government.
The city’s flourishing life sciences industry has all of the elements needed to continue to succeed and grow. Cutting-edge research is carried out by world-class institutions such as The Hebrew University of Jerusalem and Hadassah Medical Center, with a world-leading knowledge base in the life and biomedical sciences. In addition, a highly skilled professional workforce graduates annually from the city’s academic institutions, with over 1,800 students finishing life sciences degrees.
The city’s unique biomedical R&D infrastructure and platforms include state-of-the-art facilities, technology parks and research labs, such as Jerusalem BioPark, BioGiv, BioHouse and ALYNovation. Fittingly, the 2018 Global Startup Genome Report singled out Jerusalem as “The heart of Israel’s life science and biotech innovation.” To date, over 150 companies operate in Jerusalem in all sectors of the life sciences, from medical devices to biopharma and digital health.
The Jerusalem Development Authority offers a unique set of grants and financial benefits for emerging life science companies operating in Jerusalem. We are fully aware that financing a start-up is not an easy task, especially in the biotech industry. We therefore offer different grants and benefits to help start and grow life science companies in Jerusalem.
Over the past few years, we have approved grants of more than 30 million shekels for life science companies in the city. We invite you to learn more about the benefits available, and we are here to assist you and your company with the process and answer any questions that may occur.
