After filling the application forms and submitting them to the Innovation Authority, the application is being recorded and transferred to the relevant head of the professional department. Then, the appointed examiners are reviewing the application. The review stage includes, besides reviewing the application, meetings with the company for the purpose of clarifications, writing a statement of opinion and forwarding it to the head of the professional department for further examination. In some cases there is also a financial examination, conducted by a CPA.\u00a0\u00a0<\/span><\/p>\n

After the examination, the application is forwarded to discussion in a designated research committee, which decides under different criteria whether to approve funding, in which sum and under what conditions. If the application is denied, it is possible to file an appeal or to request reconsideration of the application, within 30 days from the date of decision.<\/span><\/p>\n

Additional Programs<\/span><\/h4>\n

Apart from the aforementioned programs, there are additional temporary programs, available for short periods of time. Most of the programs are designed for specific fields. For instance, due to the Covid-19 crisis, a new program was announced in order to give rapid aid to startups who were harmed because of the crisis.\u00a0<\/span><\/p>\n

Contact Us<\/span><\/h4>\n

Grants from the Israeli Innovation Authority are available for Israeli startup companies that develop new products and services, in order to help them reach their desired breakthrough. If you have questions or need assistance with applying for a grant, you may contact us. Our firm specializes in corporate and hi-tech law. We accompany startups throughout the process of applying for grants from the Innovation Authority.<\/span><\/p>\n

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Do you have a startup company that needs financing? You should get to know the grants offered by the Israeli Innovation Authority, which provides startup companies with grants for R&D of technological products and services. In this article we will explain about the Innovation Authority’s grants, how to apply for those grants and how the…<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[161],"tags":[],"class_list":["post-43540","post","type-post","status-publish","format-standard","hentry","category-corporate-and-commercial-law-en"],"acf":[],"yoast_head":"\n