The six divisions of the Israel Innovation Authority (IIA) vary in the essence of the organizations who seek funding and grants. As such, the Start-up Division will fund entrepreneurs and early-stage start-ups in their first steps toward PoC and feasibility demonstration, while the Growth Division will focus on start-ups that have already reached technological validation and need to excel their development efforts.

The Israel Innovation Authority (IIA)’s main funding program is the R&D Fund, providing financial support for commercial companies working on new product development or technology upgrades. The R&D Fund has the largest R&D incentive offered by the State of Israel to Israeli corporations across all sectors and is aimed at increasing the country’s economy.

The goal of the program is to boost technological innovation and provide support for start-ups and investment-intensive corporations in R&D across multiple industries, including hardware, software, communications, life sciences, medical devices, cyber, IOT, fintech, cleantech, and others.

The program is open to all Israeli corporations at various stages, from start-ups to investment-intensive corporations.

The Israel Innovation Authority (IIA) six divisions: