innovation israel

Assistive Technology for the Disabled Incentive Program

This unique incentive program encourages R&D of assistive technologies for the disabled and contributes to their quality of life while easing their integration into society, the community and the labor market. These developments benefit the disabled and enable significant financial saving on social and national levels.

Goal of the incentive program:

Encouragement of industrial products’ R&D that provide technological solutions for the disabled to enable them to integrate into society and the labor market. This incentive program is the result of collaboration between the Innovation Authority and the National Insurance Funds.

Who is the incentive program for?

Israeli companies and nonprofit organizations interested in developing technologies that serve groups with physical, mental or cognitive disabilities, who collectively represent up to 5% of the population.

What do you get?

  • A maximum grant of NIS 900,000 for a period of up to 12 months.
  • An NGO project that is approved will receive 85% of the approved budget up to the maximum grant.
  • A commercial corporation’s project that is approved will receive: 65% of the approved budget up to the maximum grant if the corporation was established up to 5 years before submission of the request and 30%-50% of the approved budget if the corporation is more than 5 years before submission of the request.

Why should you apply for this incentive program?

  • Support at a higher rate than usual: R&D projects in this incentive program are supported by the Authority at a higher rate than usual.
  • Exemption from royalty repayment for NGOs: Nonprofit organizations are exempt from paying royalties, as usually set in most of the Authority’s incentive programs.

For further details: Assistive Technology for the Disabled Incentive Program

 

Digital Innovation for Public Sector Challenges

This incentive program was launched by the Authority as part of the Ministry for Social Equality’s “Digital Israel” project.

Goal of the incentive program:

Encouragement and assistance for entrepreneurs seeking to meet the challenges and needs of the public sector with innovative technological solutions. The fruits of the incentive program will enable:

  • Improved public-government service for the citizens
  • Streamlining and enhancement of public sector and public services sector
  • Improved public accessibility of information
  • Protection of public sector data systems.

Who is the incentive program for?

Private Israeli companies or Israeli entrepreneurs seeking to develop, manufacture, and commercialize products, services, and processes that will support the goals of this incentive program. and that will provide a technological innovation criteria and the response to the needs defined as prioritized by the Digital Israel Fund.

What do you get?

  • Funding of up to NIS 300,000: Financial support of 80% of the approved budget for a period of up to 12 months.
  • Financial Support Funding of NIS 300,000-4,000,000: Financial support of 50% of the approved budget for a period of up to 12 months.

Why should you apply for this incentive program?

Attractive financing model: The incentive program offers participation in the risks involved in the development process, but not in the revenues or future achievements.

No royalties: Sales to the state, government companies, and public corporations in Israel are exempt from paying royalties.

First significant customer: The government may allow a “field trial” on a large scale and based on national infrastructure. Success in proving the feasibility and selling to a government customer provides a springboard to other markets in Israel and the world.

For further details: Digital Innovation for Public Sector Challenges

 

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