Generic R&D Arrangement for Large Companies
This incentive program allows large companies to focus on long-term creation of new knowledge and technological infrastructure, used for the development or production of future innovative products.
Goal of the incentive program:
To encourage and support long-term R&D of large companies, which invest in the development of infrastructural knowledge that can be implemented in a series of products over a long time frame. The R&D plans under the arrangement are exempt from royalties (full grants). R&D projects submitted to this incentive program should include a long-term R&D plan or collaboration with another Israeli company.
Who is the incentive program for?
Large Israeli companies with revenues of more than USD 100 million, with total R&D expenditures that are more than USD 20 million, or alternatively, Israeli companies that employ at least 200 employees directly in R&D.
What do you get?
- A grant of up to 50% of the approved R&D expenditures for long-term R&D plans or for an R&D project executed in cooperation with another Israeli company.
- The company receiving the support will not be obliged to pay royalties to the Authority (full grant).
Why should you apply for this incentive program?
Financial grant: The incentive program offers a grant used for the R&D process of a new product or the upgrade of an existing product.
Long-term R&D: The incentive program enables long-term R&D operations for the development of future products and innovative technologies that provide the company with a competitive advantage and the ability to penetrate new markets, as well as strengthen overall growth in the Israeli economy.
Attractive financing model: The incentive program offers participation in the risks involved in the development process, but not in the revenues or future achievements.
How to apply?
- Prior to application, please carefully read 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 forms, available on the website, in accordance with the company size and concentration of resources. In addition to the submission of the online application, please fill out the application forms available on the website, print and send by mail.
For additional information, please contact:
Further information on the Israel Innovation Authority website: Generic R&D Arrangement for Large Companies