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Africa

Africa

 
Product Adaptation Program - Africa
Capturing the opportunity for Israeli Technology in Africa

 
Israeli companies are invited to submit applications for financial support
 for projects involving product adaptation to African Markets

 
BACKGROUND

 
Following the Israeli Cabinet's approval of a dedicated strategic plan to strengthen economic ties and cooperation with African countries, and in recognizing the increasing importance and vast potential Africa constitutes for Israel and Israeli companies, the Israeli Innovation Authority launched a new product adaptation track for Africa, dedicated to providing funding support for projects focused on the adaptation and customization of an Israeli company’s product to the markets in Africa.
 

REQUIREMENTS & CRITERIA

 
1) The program includes but not limited to:

  • Adaptation of product in consideration of local cultural considerations
  • Adaptation to local conditions, such as climate, infrastructure etc.
  • Regulatory considerations, particularly for foods and drugs
  • Reduction of price to customer by the utilization of local components
  • Reduction of price to customer by downgrading performance
  • etc.  for more information please read the FAQ Sheet -  Frequently Asked Questions (Hebrew) /  Frequently Asked Questions (English)

 2) An Israeli company interested in the Africa Product Adaptation Program, can directly apply for funding, at any time, to the Israel Innovation Authority R&D fund.

 
3) It is recommended, though not mandatory, for an Israeli company to be working in collaboration with an African Company as a partner or subcontractor.
 
4) Before applying, please contact the program manager listed below.
 
 

FUNDING SUPPORT

 
1) Funding will be provided in the form of a conditional grant to the projects selected under the Call for Proposals.  

2) The total funding from the Israel Innovation Authority will not exceed 50% of the eligible and approved costs in accordance with the national laws and regulations.

For more information about the approved costs please see:

 
3) When a project results in sales of a product, service or process, the financial support must be repaid to the Israel Innovation Authority according to its regulations (in general, royalties are paid at rates beginning at 3% of sales, depending on various criteria.

 
4) Royalties are payable until 100% of the amount of the grant has been repaid with interest as provided in the applicable regulations). If the project does not result in sales, no repayment is required . For more information on funding conditions, applicants should visit the website of the Office of the Chief Scientist :

http://www.economy.gov.il/RnD/research%20and%20development%20programs/Pages/Mop_Fund.aspx

 
FOR MORE INFORMATION:
Hadas Kroitoru 
Program Manager 
Tel: +972-(0)3-5118117
Email: hadas@matimop.org.il