In September, the establishment of six new incubator companies was approved
The Technology Incubator Committee headed by the Chief Scientist approved the establishment of 6 new incubator companies with an investment of NIS 13 million and state grants of NIS 11 million
The Technology Incubator Committee, chaired by the chief scientist, Dr. Eli Ofer, approved at its last meeting six new projects with an investment of NIS 13 million, while state grants totaled NIS 11 million. Below are the approved projects:
Medical equipment:
• A surgical method for the treatment of spinal canal stenosis. Incentive incubator, Ariel.
• A portable method and system for measuring continuous blood pressure. Hamma Mai'an, Beer Sheva.
software:
• Increasing the capacity of antenna arrays for WiMAX networks. Incentive incubator, Ariel.
• Digital scent generator for computer games. Incubator of horizons.
electronics:
• Tiny integral module for GPS domain. Hamma Van Leer, Jerusalem.
Materials:
• Materials for sealing in a reversible process of agricultural grid houses. The Valley Initiatives Incubator, Migdal Ha'Emek.
Dr. Eli Ofer, the chief scientist, noted that in addition to this, DermIpsor, which develops a cure for ringworm and operates in the MTG incubator in Katzerin, received the committee's approval to operate in the incubator for an additional year - a third, as part of a special track that gives projects in the field of biotechnology the opportunity to receive the support of the state for three years, instead of two years.
Dr. Ofer also noted that the JVP group received the approval of the committee to operate the Studio JVP incubator for three more years. The incubator, which was privatized by the JVP Group three years ago, operates in Jerusalem and focuses on the field of software in general and organizational software and software for new media technologies in particular.
Renee Fridor, director of the incubator program, stated that although the technology incubators are prepared to receive a wide variety of projects from different fields, some incubators choose to focus on specific fields in which they are interested or in which they have gained experience. This phenomenon originates from the privatization of the incubators about 4 years ago. Here are a few examples of this: MITV incubators from Kiryat Shmona Vared-Biomed operating in the Tel Aviv area focus on life sciences, L.N. Mefretz Haifa intends to become a "green" incubator, Mezemach Kinnerot Incubator will focus on water technologies, Lab-One Incubator focuses on software and communication fields and Meshgav Incubator from Gush Segev chose to focus on medical equipment and internal security.
The incubator committee approved the establishment of 9 new incubator companies with a grant of NIS 15.5 million
28/8/2006
The Technology Incubator Committee, headed by the Chief Scientist at the Ministry of Health, Dr. Eli Ofer, approved at its last meeting nine new projects in the fields of medical devices, software and biotechnology.
Below are the approved projects:
Medical devices: analysis of brain CT images. The Technion Incubator, Haifa.
A light and portable sedative for the population suffering from attention disorders. Hamma L.N., Haifa Bay.
A new procedure for the treatment of the mitral valve in the heart. Incentive incubator, Ariel.
Femoral implant for the hip joint. Targettech incubator, Netanya.
Decalcification of aortic valve stenosis. MITB Greenhouse, Kiryat Shmona.
Software: a system for the automatic implementation of complex software systems. Hamma Am-Shev, Sde Boker; Software for finding faults in computer systems. Hamma Niyot, Yakneam; A system for tracking recording and billing of Video VOIP. NGT incubator, Nazareth.
Biotechnology:
Cannabinoid quinone type anti-cancer substances. MITB Greenhouse, Kiryat Shmona.
Dr. Eli Ofer, the chief scientist, noted that after a three-year freeze in which greenhouses were not privatized, two greenhouses were privatized and they are: L.N. Entrepreneurship from Haifa Bay and Kinneret from Zemach. These incubators are added to 12 additional incubators that were privatized in 2002-2003 and today, out of 24 technological incubators, 14 are privatized incubators, 1 is a biotechnological incubator that is also managed as a privatized incubator and only 9 incubators are managed as non-profit organizations. Dr. Ofer added that more greenhouses are being tested by institutional and private investors for the purposes of privatization and it is not impossible that more greenhouses will be privatized in the near future.
Renee Pridor, director of the incubator program, stated that in the first half of 2006, 94 incubator companies and incubator graduates raised over 115 million dollars, with 51 companies raising over 40 million dollars in the first fundraising round alone.
Also, Pridor specifically mentioned Hamma Am-Shev from Sde Boker for its commercialization achievements. In the last 12 months, data communication companies that matured from the incubator managed to raise over 15 million dollars in the first fundraising round alone. The Imagine company, which deals in special developments in the fields of VOD and IPTV, has raised 9.2 million dollars from the Carmel and Columbia Capital funds. Athos, which develops Ethernet-based communication switches for metro networks, has raised $6 million from the Evergreen and Vortex venture capital funds.
Addendum August 28, 2006 - The Research Committee in the Office of the Chief Scientist approved 16 research and development programs within the framework of the R&D fund, with an investment of NIS 47 million
The research committee chaired by the chief scientist at TMT, Dr. Eli Ofer, which met on August 15.08.06, 16, approved 47 new R&D programs with a total investment of NIS 20.3 million, of which NIS XNUMX million are R&D grants from the chief scientist's budgets .
In the field of communication, the committee approved 3 projects with an investment of NIS 11.7 million (out of a requested investment of NIS 18.9 million), with state grants totaling NIS 4.7 million.
In the fields of electronics and medical equipment, the committee approved 7 projects with an investment volume of 17.7 million (out of a requested investment volume of NIS 27 million) while state grants totaled NIS 8.2 million.
In the fields of biotechnology, chemistry and pharmaceuticals, 5 projects were approved with an investment of NIS 14.9 million (out of a requested budget of NIS 19.4 million), with state grants totaling NIS 6.4 million.
In the field of software, the committee approved one project with an investment of NIS 2.7 million (out of a requested investment of NIS 4.8 million) and a state grant of NIS 1.1 million.
Among the projects approved by the committee, 2 projects are in the framework of international cooperation - one project in cooperation with France, a second project in cooperation with Sweden. The projects were approved with an investment of NIS 3.4 million, the chief scientist's grants amounted to NIS 1.4 million.
Since the beginning of 2006, the research committee has discussed 74 projects as part of international cooperation submitted by 69 companies with a total investment of NIS 157.3 million.
The committee approved 37 projects with an investment of NIS 63.4 million, the research grants amounted to NIS 28.3 million.
The establishment of three new incubator companies was approved
23.6.2006
The Technology Incubator Committee, headed by the Chief Scientist at the Ministry of Science and Technology, Dr. Eli Ofer, approved three new projects at its last meeting:
In the field of medical devices, the following projects were approved:
• Intravenous catheter. Ksania greenhouse, Kiryat Gat.
• A device for opening full blockages in arteries. Hamma Mai'an, Beer Sheva.
In the field of software, the following project was approved:
• Software for legal transmission based on resource sharing of Internet TV. Hamma Am-Shev, Sde Boker.
Dr. Eli Ofer, the chief scientist, stated that in the coming months two more greenhouses are expected to go through the process of privatization, and this is three years after the privatization of the JVP Studio greenhouse, which was the last greenhouse to be privatized. Ofer noted that the privatization of two additional greenhouses (including the Kinneret greenhouse that will focus on the field of water technologies) will bring the number of privatized greenhouses to 15, out of 24 greenhouses operating in Israel.
Renee Pridor, director of the incubator program, stated that the incubator program held a conference of incubator projects in Ashkelon in the Clean-Tech field on 24.5.06/12/XNUMX. At the conference, XNUMX incubator companies presented their innovative and promising developments in the field of water technology and alternative energy, in front of an audience of entrepreneurs, industrialists and many investors.
Pridor also noted that the large crowd of investors who came to the conference, which was held in the presence of the mayor of Ashkelon, Mr. Roni Mahtsari and chairman of Mekorot, Mr. Buki Oren proves the great attractiveness of incubator companies to investors, including many venture capital funds, as well as the rising trend of the Clean-Tech field in the Israeli economy.
