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MAGNET Consortiums

The MAGNET incentive program (Generic Pre-Competitive Technological R&D) focuses on consortiums of industrial companies and research institutions that collaborate to develop innovative technologies.

 The consortiums enable long-term R&D and create a supportive work environment. Collaboration with industry also strengthens the commercialization capabilities of research institutions and assists them in understanding market needs.

Goal of the incentive program:
To assist in the development of generic technologies in important fields in the global market, in which Israeli industry has a competitive advantage. Since the incentive program specializes in the development of infrastructural technology, it allows distribution of knowledge and cooperation between companies operating in the same field, which may be difficult to achieve otherwise.

Who is the incentive program for?

  • Israeli manufacturing companies developing competitive products and simultaneously seeking to develop innovative technologies, which can be used as a basis to develop a new and advanced generation of products.
  • Israeli academic research groups engaged in scientific or technological research, seeking to promote applied research as part of a consortium, as well as to collaborate with the industry and study the market needs.

What do you get?

  • The amount of the grant provided through the consortium is up to 66% of the approved budget for an industrial company and 100% of the approved budget for a research institution (80% as a grant and 20% from the industrial companies in the consortium).
  • The operating period is three to five years, in order to facilitate a long-term R&D process.

Why should you apply for this incentive program?
Exposure to new knowledge:
The cooperation exposes the companies to new knowledge and allows collaborative R&D in ways that otherwise would not have been possible.

Solid ground for development: Long-term financial support, exemption from repayment of royalties, supply of the necessary equipment and creation of collaborations between leading industrial companies and academia serve as an expedient and solid framework for developing breakthrough technologies, as well as offer the consortium members an industrial advantage and contribute to the Israeli economy in general.

No royalties: The companies participating in this incentive program are exempt from paying royalties for repayment of grant funds transferred to them through the consortium.

How to apply?

  1. Prior to application, please carefully read the complete list of conditions, which specify the rights and obligations of the companies and organizations in the consortium, as detailed on the Authority’s website.
  2. The application for membership in a consortium should be submitted in accordance with the guidelines published by the Technological Infrastructure Division.
  3. Following the above-mentioned guidelines, the Technological Infrastructure Division will hold a specialized conference with the participation of the core initiators of the consortium, as well as other companies and academic research groups that have expressed interest in joining the initiative.  After the conference, the companies will formulate a preliminary document justifying the establishment of the consortium, which should be submitted to the Technological Infrastructure Division by the 1st of October each year.
  4. In an annual meeting held every November, a dedicated committee will consider whether to give an approval in principle to the establishment of the consortium. The approval will be given after considering other proposals submitted to the Technological Infrastructure Division that year. The approval in principle should not be considered as a confirmation of the Technological Infrastructure Division to begin work as part of a consortium.
  5. After receiving an approval in principle for the establishment of the consortium, a complete request for support of the consortium should be submitted to the Technological Infrastructure Division. Fill out the online documents and forms, available on the Authority’s website. These documents should be signed by the authorized signatories of the applying company or the research institution and sent by email.
  6. The application should include un-scanned source files and scanned signatures pages in the relevant forms.
  7. The application by research institutes should be submitted as a single unit that includes all the relevant projects at once, with the addition of all the required accompanying documents.

For additional information, please contact:
Technological Infrastructure Division

Email: TI@innovationisrael.org.il
Further information on the Israel Innovation Authority website: MAGNET Consortiums

 

MAGNETON Incentive Program

The MAGNETON incentive program encourages the transfer of technological knowledge accumulated in academia for the use of industry, by creating collaborations between Israeli companies and academic research groups. 

 

These collaborations expose industrial companies to the research achievements relevant to their activities and assist research groups in transforming academic developments into commercial applications.

Goal of the incentive program:
To transfer technology from research institutions to industrial corporations for the development of breakthrough products.

Who is the incentive program for?

  • Israeli industrial companies seeking to incorporate new technologies developed in the academia and striving to develop a new product or to improve an existing product based on recent studies, relevant to their field of activity.
  • Academic research groups from Israeli research institutes and think tanks approved by the Technological Infrastructure Division, seeking to carry out innovative and original applied research in collaboration with a leading company interested in the relevant technology. The research should be focused on technological feasibility for the industry, and the applying research institute should be the sole owner of knowledge in the project.

What do you get?

  • An applied research grant of up to 66% of the approved budget, up to a total of NIS 3.4 million for a period of 24 months. The academic research group receives the full budget: 66% of which will be provided by the Technological Infrastructure Division and the rest by the partner company.
  • The grant recipients are exempt from paying royalties for repayment of grant funds transferred to them.

Why should you apply for this incentive program?
Commercialization of academic knowledge:
The incentive program assists research institutions in commercializing the knowledge developed through scientific research, while industrial companies receive exposure to new technology. After examining this technology, they can integrate it in their activities and continue to develop innovative products with economic potential or upgrade existing products.

Examination of application potential: The MAGNETON incentive program offers companies a favorable environment to examine the application potential of technologies developed in academic institutions. Without this environment, the companies would find it difficult to carry out the examination process, which entails relatively high risk and uncertainty.

Possibility of realization of the commercialization right: At the end of the project and at the end of the proof of concept, the company will be given the right to decide whether to exercise commercialization rights. If it chooses to do so, it can continue developing commercial products independent of the research that was carried out jointly with the research institution.

How to apply?

  1. Prior to application, please carefully read the complete list of conditions, which specify the rights and obligations of the applying company and research institution, as detailed on the Authority’s website.
  2. After the research group and the industrial company join forces, a joint and coordinated work plan should be formulated, defining the tasks of each partner and detailing the mutual goal. The application for the support by the Authority will be submitted by the research institutions and industrial companies together and in full coordination.
  3. Fill out the application forms and documents, available on the Authority’s website, and email the source files (not scanned files) to the Technological Infrastructure Division.
  4. The incentive program offers two fixed annual deadlines: October 15 and April 15.

For additional information, please contact:
Technological Infrastructure Division

Email: TI@innovationisrael.org.il
Further information on the Israel Innovation Authority website: MAGNETON Incentive Program

 

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