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NEWS
WIX PLAYS TO WIN AT THE SUPERBOWL

12/2014
NANOTECHNOLOGY HITS THE NEGEV IN A BIG WAY

12/2014
NOVOCURE, AT THE FRONTLINES OF THE BATTLE AGAINST BRAIN CANCER

12/2014
TEL AVIV NAMED THE WORLD'S SMARTEST CITY IN 2014

12/2014
TOYOTA SEEKS TO "HACK" THE ISRAELI INNOVATION SPIRIT

12/2014
ISRAELI BREEZOMETER APP NAMED AMONG THE "HOTTEST TOP 20" BY CNBC

12/2014
CHINA AND ISRAEL COLLABORATE TO ADVANCE THE WORLD'S FIRST "WATER CITY"

12/2014
MICROSOFT ACQUIRES ISRAELI CYBER SECURITY STARTUP, AORATO

12/2014
ISRAELI CONTENT DELIVERY POWERHOUSE, OUTBRAIN, FILES CONFIDENTIALLY ON NASDAQ

12/2014
GLOBAL GIANT 3M TO INITIATE ISRAEL R&D CENTER

11/2014
US DEPARTMENT OF DEFENSE TO AWARD $100,000 TO BEST ISRAELI ANTI-TERROR STARTUP

11/2014
GERMAN MEDIA GIANT PROSIEBENSAT.1 TAPS ISRAELI INGENUITY

11/2014
ISRAELI CHIEF SCIENTIST MEETS WITH BRITISH MINISTERS

11/2014
ISRAELI TECHNOLOGY IN BATTLE AGAINST EBOLA

11/2014
CHINESE PHARMA TITAN WUXI LANDS IN ISRAEL

11/2014
REVERSING THE BRAIN DRAIN

11/2014
RECORD YEAR FOR OFFERINGS BY ISRAELI COMPANIES

11/2014
EVENTS
INCENTIVES AND BENEFITS

Enshrined into its legislation through laws designed to encourage economic growth, the State of Israel seeks to offer maximally supportive conditions for companies seeking to invest in Israel. Part of a slew of incentives and benefits, the State of Israel encourages international and local investment by offering conditional grants, reduced tax rates, tax exemptions and other tax-related benefits through the Law for the Encouragement of Capital Investments and Industrial R&D.

Benefits are offered via two primary government agencies within the Ministry of Economy.

The Israel Investments Center

The Israel Investments Center at the Israel Ministry of Economy seeks to accelerate the establishment and expansion of industrial activity by offering support to eligible companies. Seeking to maximize Israel's industrial and productive capacity, its support stimulates business and job growth, while developing Israel's priority regions and promoting special populations.

The Center offers support to entities granted approved status, which make them eligible for support through one of its aid tracks.

Please note that the Investments Center determines eligibility for its approval and subsequent support in a competitive process, based upon a variety of factors and subject to its own considerations.

The Office of the Chief Scientist

The Office of the Chief Scientist (OCS) in the Ministry of Economy is charged with execution of government policy for support of industrial R&D. The goal of the OCS is to assist in the development of technology in Israel as a means of fostering economic growth, encouraging technological innovation and entrepreneurship, leveraging Israel's scientific potential, enhancing the knowledge base of industry in Israel, stimulating high value-added R&D and encouraging R&D collaboration both nationally and internationally. A variety of ongoing support programs developed and offered by the OCS play a major role in enabling Israel to be a key center for high-tech entrepreneurship.

picConditional Grants
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picDomestic Support
picEmployment Support
picSupport for R&D Collaboration
picVocational Training Support