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Innovation Authority

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Innovation Authority

15 stories about Innovation Authority

"2024 was a year of war, but it was a record year for exits"
14.01.25|Tomer Hadar"Startups in Israel still managed to raise nearly $10 billion in 2024, ranking third globally after Silicon Valley and New York. In other words, we maintained a strong overall financing volume," Innovation Authority CEO Dror Bin said at Calcalist and LeumiTech's Tech TLV conference.
"2024 was a year of war, but it was a record year for exits"
14.01.25|Tomer Hadar"Startups in Israel still managed to raise nearly $10 billion in 2024, ranking third globally after Silicon Valley and New York. In other words, we maintained a strong overall financing volume," Innovation Authority CEO Dror Bin said at Calcalist and LeumiTech's Tech TLV conference.
Hezbollah wreaks havoc on northern Israel’s foodtech dream
22.07.24|Meir OrbachDozens of startups in the fields of food and agriculture that operated in Kiryat Shmona and its surroundings migrated south when the fighting began. Despite the jump in costs and only partial government support, entrepreneurs remain hopeful and continue to promote their activities. However, without a change in policy, it is difficult to see how the vision of blossoming the north through high-tech will be realized even after the war ends.
For Israeli economy, no substitute for high-tech dominance
04.06.24|Meir OrbachThe high-tech sector's contribution rate to the country's GDP of 20% is significantly greater than that of the USA at 9% and Russia's dependence on gas and oil at 16%, according to a report by the Innovation Authority. However, the diversity of the working population in the high-tech sector remains low, with 65% being non-ultra-Orthodox Jewish men.
Fear factor: Israeli startups registering abroad due to judicial coup
02.05.23|Meir OrbachAccording to the Israel Innovation Authority, "there is a concern that venture capital funds and high-tech in Israel will be split off from the world." The Authority’s CEO Dror Bin: "The government must be active and reduce uncertainty"
Innovation Authority to invest NIS 25 million to create Be'er Sheva innovation center
30.03.23|CTechAs part of the center's establishment, three innovation sites will also be established in Be'er Sheva in the fields of medical data, autonomous robotics and cyber defense
New NIS 4 million program to promote research collaborations between manufacturers and academic institutions
31.08.22|CTechThe Israel Innovation Authority and the Ministry of Economy and Industry are behind the new program
"Thinking technology will solve the climate crisis is naive”
27.06.22|Yuval SadeSagi Dagan, Executive VP at the Israel Innovation Authority, was speaking at Calcalist's Green Economy Conference
Israel Innovation Authority announces winners of NIS 500 million incubator program
22.02.22|Meir OrbachAmong the winners are Strauss' food-tech Incubator, and other incubators in the fields of sustainability and space. The groups will collaborate with huge global corporations, which will accompany about 150 start-ups in their early stages
“Israeli government should allow tech companies to work 24/7”
12.09.21|Meir OrbachDror Bin, the Chief Executive Officer of the Israel Innovation Authority, promises not to allow politics in his office and calls for new policies for the local industry to thrive
Israel to Support Homegrown Cybersecurity Companies with $24.4 Million Investment
15.08.18|Meir OrbachAs part of a three-year plan, the government will invest in the development of new technologies and pilot programs
GE Health, Change Healthcare, Medtronic to Receive Israeli Government Grant
17.07.18|Lilach BaumerThe three companies will receive grants of $5.5 million-$14 million to expand their existing research and development centers in Israel
Israel’s Innovation Authority Launches Pilot Program for Israeli Startups in India
17.06.18|Meir OrbachThe program is part of a wider collaboration initiative between the two countries called India Israel Innovation Bridge, launched during mutual visits by the countries’ leaders in 2017
Israel Picks Seven Companies to Run State-Funded Coding Bootcamps
04.06.18|Hagar RavetThe initiative, designed to increase diversity in Israel’s tech sector, will be open to people with degrees in exact sciences
Israeli Diplomats Now Undergo Technology Training
29.04.18|CTechThe Israeli Ministry of Foreign Affairs has added seminars and training sessions on technology and innovation to its training programs for diplomats headed to overseas assignments

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