Jerusalem based Hi-tech companies, or those who relocate to the city are entitled to grants for their employees of up to 600,000NIS.
Who is eligible?
High-tech companies registered in Israel that employ up to 20 people, and are either based in Jerusalem or relocating to Jerusalem
About the benefit
In accordance with the grant’s terms, for every eligible employee, the company may apply for a grant of 60,000 NIS if the employee lives in Jerusalem, or 40,000 NIS if the employee lives outside of Jerusalem.
The grant is available for up to a maximum of 10 employees, with a maximum total grants of up to 600,000 NIS.
Applications for this grant may be submitted at any time during the year as they will be reviewed on a rolling basis.
The grant is awarded over an eighteen-month period. Grantees will be paid 50% upon receiving authorization, 25%, six months later, and the remaining 25% at the end of the period.
The grant is not paid as a loan and does not cause dilution in any way.
How to apply
Please read the guidelines in a nutshell (in Hebrew).
Please read carefully the comprehensive grant guidelines (in Hebrew).
Contact Liron Dover at email@example.com if you have questions or when you
are ready to apply.