Led by the Innovation Authority, Ministry of Economy and Industry, and Ministry of Agriculture and Food Security, the initiative aims to develop accessible data infrastructure across sectors like agrotech, health, climate, and security.
The Ministry said the results of the survey, to which 400 importers responded, indicated a "high willingness to use the reform tracks as early as the first quarter of the year."
The Investment Authority in Israel's Ministry of Economy and Industry and the Ministry of Construction and Housing are launching a new support track in the amount of approximately 12 million Shekels (USD 3.3 million) for the promotion and development of the construction industry in Israel wi
The ministries said that the innovation centres will have the aim of "encouraging the germination and growth of new startups with strong regional connectivity and promoting high-tech employment in the region."
As part of the program, up to five franchisees will be selected, consisting of Israeli companies, corporations and non-profit organizations. Each will receive a grant of up to 15 million Shekels (USD 4.2 million) for five years.