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NOFAR Incentive Program

The NOFAR incentive program provides support for applied research in academia, thus potentially increasing its economic contribution to the economy. 

This incentive program focuses on technologically feasible ideas, which are not mature enough for the support of the MAGNETON incentive program, but require financing in the initial applied research stage at universities in order to match them with the appropriate industrial sector. 
The NOFAR incentive program is limited to the fields of biotechnology and nanotechnology only, for a period of one year.

Goal of the incentive program:
To bridge the gap between academic knowledge and industry needs. All the research activities carried out as part of this incentive program are in academic institutions, accompanied by the support of an industrial company that sees business potential in the achievements of the project. The main goal is to reach significant milestones by the end of the project, which will enable the industrial company to sign a technology commercialization agreement with the research institution. The research activities in the incentive program will receive professional support by an industrial company or a relevant business entity (such as a venture capital fund).

Who is the incentive program for?

  • Academic research groups in Israel, operating as part of a higher education or research institution, seeking to carry out applied research, which is not mature enough to be supported by the industry or by the MAGNETON incentive program. 
  • The research should include a new and original idea that requires proof of concept, with preliminary basic research and results that are applicable to Israeli industry.

What do you get?

  • The research institution supported by the NOFAR incentive program is entitled to a grant of up to 90% of the approved budget with a maximum scope of NIS 550,000 for a period of 12 months, with an option to extend the support up to 15 months.
  • The supporting company serves as partner in professional guidance and in setting of research goals, as well as participates in the funding of 10% of the project cost.
  • At the end of the research, the supporting company receives the first right to negotiate a commercialization agreement with the research institution.
  • NOFAR research conducted in collaboration with two different institutions is eligible for funding of up to NIS 660,000.
  • The grant recipients are exempt from repayment of royalties.
  • The incentive program offers two fixed annual deadlines: November 30 and May 31.

Why should you apply for this incentive program?

  • Research institutions:
    • The incentive program provides financial and professional support of research processes and increases the chances for success.
    • All the rights to the knowledge accumulated in the research are retained by the research institution.
  • Commercial company:
    • The ability to influence, direct and support high-quality academic research that will contribute to the company's future activities.
    • The first right to negotiate commercialization of research results with the research institution.
    • Commercial development in exchange for a minimal financial investment.

How to apply?

  1. Prior to application, please carefully read the complete list of conditions, which specifies the rights and obligations of the applying company and research institution, as detailed on the Authority’s website.
  2. Commercial companies interested in cooperation with a research group as part of the NOFAR incentive program should apply directly to the academic application company representing the research group.
  3. The academic applicant will submit the application forms to the Technological Infrastructure Division in accordance with the procedures detailed on the Authority’s website.

For additional information, please contact:
Technological Infrastructure Division

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

 

The Advanced Technologies Users' Association

This incentive program allows joint activity of a group of industrial corporations as part of the Advanced Technologies Users' Association. 

The main idea of the incentive program is based on the notion that “the whole is greater than the sum of its parts.” In other words, though cooperation the companies learn from the experience of each other, thus increasing their knowledge and skills.

Goal of the incentive program:
Distribution, implementation, and demonstration of technologies or sharing resources in a way that contributes to R&D in the fields of practice of the companies.

Who is the incentive program for?
Companies engaged in R&D and interested in collaboration in the distribution and implementation of new technologies.

What do you get?
The Association, as a legal entity, receives a grant of up to 66% of the approved expenses. The members of the Association complete this sum to 100% of the Association’s expenses. Companies do not receive any grants as part of this incentive program.

Why should you apply for this incentive program?
Cost-effectiveness:
This is the most active incentive program. For a minimal budget worth one or two trips to conferences abroad, companies can be exposed to a wealth of available technology.

How to apply?

  1. Following coordination with the Head of the Division, a group of companies wishing to cooperate is organized. These companies submit a proper request for support to the Head of the Technological Infrastructure Division.
  2. The rest of the organizational process is similar to the MAGNET Consortiums incentive program.

For additional information, please contact:
Technological Infrastructure Division

Email: TI@innovationisrael.org.il

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