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Israel Innovation Authority
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Israel Innovation Authority
20 stories about Israel Innovation Authority
North Israel tech community unites to prepare for post war revival
Erel Margalit: “The high-tech visionaries in Galilee serve as the bridge to reintroducing stability and prosperity to the north”
Are emergency grants for startups merely postponing their inevitable end?
The Israel Innovation Authority established an emergency grant program after the outbreak of the war with the aim of extending the runway for startups, but the money often arrives too late
Google announces $4 million support fund for Israeli AI startups amid war
The company has provided Israel with a total of $8 million in relief since the October 7 attacks. The fund aims to help maximize the success of roughly 20 Israeli startups in need of immediate funding.
Israel Innovation Authority calls global VCs to invest in “the pearls and gems of Israeli tech”
CEO Dror Bin spoke to CTech at TechTLV about the urgency faced by early-stage startups amid the ongoing war.
"We are at a defining moment, and the actions we all take will decide where Israeli high-tech is headed"
Maya Nahum Shahal
Israel Innovation Authority CEO Dror Bin added: "No one wants to stand in front of their board of directors at the end of the quarter and say they did not meet their goals due to the war in Israel. That's why it's crucial that the high-tech industry continues to supply the goods even during the war"
Early-stage startups facing extreme difficulty raising funds, says Israel Innovation Authority
According to a survey conducted in the past month among 500 entrepreneurs, around half of early-stage Israeli startups have enough money for just six more months of operations
Finance Ministry increases budget for Israel Innovation Authority Fast Track channel by 300 million NIS
The ministry had already pledged 100 million NIS to the channel aimed to support Israel’s high-tech sector, struggling amid Israel’s war against Hamas
Israel Innovation Authority launching $25 million grant fund to support 100 startups
The program is aimed at Israeli startups with a limited future capital runway who are facing difficulties in raising the necessary capital
Israel Innovation Authority to invest $10 million to develop human capital for quantum, AI, cleantech, foodtech, and Bio-Convergence industries
Some 2,000 participants are set to take part in 20 programs over the next two years to help expand the workforce for the future technology trends of the Israeli high-tech industry
Israel Innovation Authority to invest $30 million in R&D center for bio-devices based on bio-chips
The tender is directed at companies dedicated to developing key service infrastructure for companies that develop bio-devices such as environmental diagnostic sensors, smart implants for treatment and diagnostics, lab-on-chip and organ-on-chip technologies
Israeli startup funding increased more than fivefold over the past decade, totaling $95 billion
The Israel Innovation Authority’s “The State of High Tech” annual report revealed that in 2022 the high-tech sector accounted for 18.1% of Israel's GDP
YDLabs selected by Innovation Authority to establish microorganism fermentation labs for Israeli foodtech industry
The Israel Innovation Authority will invest up to $14 million in infrastructure to serve all foodtech companies using fermentation for research, development, and production of their products
Institutional investment in Israeli startups dropped by 54% in 2022
Despite a decrease in the number of rounds with institutional participation and a reduction in the financial scale of investments, the half a billion dollars invested last year still marks a significant three-fold increase compared to 2020
Israel Innovation Authority's budget to be cut by NIS 100 million
The budget of the Authority, which assists startups, will now be around $383 million. This comes at a time when the need to help startups has only increased due to the uncertainty following the current crisis and the drop in investments by foreign and local VCs
For the first time since 2008 the number of high-tech employees in Israel has shrunk
"Since the fourth quarter of 2022, we have seen a sharp decline in Israeli high-tech. We will see a continuation of the downward trend in the coming quarters as well,” said Dror Bin, CEO of the Israel Innovation Authority
Innovation Authority to invest NIS 25 million to create Be'er Sheva innovation center
As part of the center's establishment, three innovation sites will also be established in Be'er Sheva in the fields of medical data, autonomous robotics and cyber defense
"The judicial debate in Israel is adding uncertainty and it needs to be removed as soon as possible"
Dror Bin, the CEO of the Israel Innovation Authority, was speaking at the Mind the Tech conference in London
Israel Innovation Authority making major push to develop quantum computing technologies
The IIA has announced the formation of the largest consortium in its history to develop quantum computing tech with a budget of over $30 million
“Founders should look for the next big thing. Making things only a bit better is not good enough”
Aviv Zeevi, VP, Technological Infrastructure Division at the Israel Innovation Authority, explained why innovation is not in danger and shared his tips for the future
Innovation Authority CEO: "The government needs to reduce regulation so that deep-tech develops in Israel"
"If we want Israeli high-tech to be at the forefront of the world,” said Dror Bin, CEO of the Israel Innovation Authority, “we need to promote the deep-tech industry and meet global demand”
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