The incentive program supports commercial companies currently developing new products or upgrading an existing technology. The program offers the largest financial incentive awarded by the State of Israel for Israeli corporations’ R&D activity and is offered to all sectors with the aim of strengthening and advancing the Israeli economy.
Who is the incentive program for?
Israeli corporations at different stages and from all industrial sectors – from startups to investment-intensive corporations engaged in technological innovation, interested in developing or upgrading existing products and technologies.
What do you get?
- Financial support of between 20%-50% of the approved R&D expenditure.
- Companies operating in Development Zones are eligible for 10% additional support, and those operating in the areas around the Gaza Strip are eligible for 25% additional support.
- Preferential funding terms for a startup corporation owned by minority population and/or UltraOrthodox and/or women entrepreneurs of amounts up to 75% funding in the first year and 70% in the second year.