R&D Fund – Support of Competitive Research and Development
This is the main incentive program designed for industrial R&D support for the development of competitive products and innovative processes.
The R&D Fund, which offers the greatest financial incentives for R&D activities from the Israeli government, provides commercial companies in all areas with support for the development processes of new products or for the upgrade of existing technology. The support is offered to all businesses in Israel and all their branches, at all stages of R&D.
Goal of the incentive program:
The R&D Fund encourages technological innovation in order to strengthen and promote the Israeli economy.
What do you get?
- A conditional grant of 20% to 50% of the approved R&D expenditures.
- Companies operating in development zones (periphery areas) are eligible for additional support of 10%.
Why should you apply for this incentive program?
Attractive financing model: The R&D Fund provides financial benefits of significant scale; it participates in the risks involved in the development process of the company. The companies that receive financing undertake to repay the received funding to the Authority via royalty payments from sales, but only if the project succeeds in reaching the commercialization stage (conditional grant).
Long-term R&D: The R&D Fund enables long-term R&D operation for the development of future products and innovative technologies that provide the company with a competitive advantage and the ability to penetrate new markets.
Quality mark support: Support from the Authority is provided following a comprehensive professional assessment of the project, which serves as a mark of quality for companies in the industry and makes it easier for them to raise private capital in the long-term.
How to apply?
- Prior to application, please carefully read the instructions specific for each dedicated incentive program, as well as the complete list of conditions, which specifies the rights and obligations of the applying company, as detailed on the Authority’s website.
- Fill out the online documents and forms, available on the website, in accordance with the company size. In addition, print and sign the declaration and authorization form (also available on the website) and send it by mail.