רשות החדשנות Rashut HaHadshanut | |
Israel Innovation Authority offices in the Jerusalem Technology Park | |
Organization overview | |
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Formed | 1965 2016 (as the Israel Innovation Authority) | (as the Office of the Chief Scientist)
Preceding Organization |
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Type | Government Agency |
Headquarters | Jerusalem Technology Park, Derech Agudat Sport Ha'poel 2, Jerusalem 9695102 |
Employees | 140 |
Organization executives |
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Parent Organization | Ministry of Science, Technology and Space |
Website | https://innovationisrael.org.il/english |
The Israel Innovation Authority (IIA) is the support and investment arm of the Israeli government, in charge of planning and executing the country’s innovation policy, promoting technological innovation and Research and Development (R&D) in the State of Israel.
The IIA offers a variety of investment programs that provide non-dilutive resources for entrepreneurs and companies of all sizes and stages within Israel. Most programs require matching funds from the private sector.
Funds and support programs include: Ideation Program (Tnufa),[1] The Startup Fund,[2] the Technological Venture Incubator Program, operating approximately 15 venture incubators across Israel,[3] Technology Transfer Program,[4] Applied Research in Academia Programs,[5] Human Capital for High-Tech Fund,[6] and more.
The IIA is also responsible for Iserd[7][8] management within the European Union Framework, as well as international R&D agreements and partnerships with countries such as USA, Canada, Japan, South Korea, Singapore and more.[9]
The IIA promotes diversification of Israeli high-tech in three different verticals – thematic (disciplinary), demographic, and geographic- launching a variety of programs for high-tech employment and entrepreneurship in Israel's periphery and among underrepresented social groups in the tech sector, such as women, Israeli Arabs[10] and Ultra-Orthodox Jews (Haredim), as well as training programs in advanced and emerging technological fields that require talented human capital.
Until 2016, the IIA was known as the Office of the Chief Scientist (OCS) (Hebrew: המדען הראשי, romanized: Ha-madʿan ha-rashi) of Israel's Ministry of Economy. The IIA offices are located in the Jerusalem Technology Park, in the Malha neighborhood in Jerusalem.