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Story summary
- The Israel Innovation Authority (IIA) provides grants to support R&D in the hi-tech sector, de-risking private investment by offering 20%–50% of R&D expenditures.
- Programs include funding for start-ups, manufacturing, and technological incubators, with benefits potentially reaching up to NIS 40 million over five years.
- The IIA also facilitates collaboration with multinational corporations and helps Israeli companies adapt products for emerging markets.
- Grants are repayable through royalties if companies achieve commercialization.
