The India - Israel Initiative for Industrial Research and Development is a bilateral framework providing active support for collaborative R&D ventures between Indian and Israeli companies,implemented by the Department of Science & Technology of the Ministry of Science & Technology in India (DST), and MATIMOP, on behalf of the Office of the Chief Scientist (OCS) in
Israel
.
Support
This framework will support projects of Industrial R&D aimed at the development of products or processes to be commercialized in the global market. Innovative R&D projects with substantial potential for market success may get financial support in form of conditional grants for up to 50% of the approved R&D expenditures.
The program's
financial support to the selected projects will be up to an amount equivalent to US$ 500,000
per
project, split between the Indian and Israeli partners.
Each of the Partners shall be subject to the provisions of the applicable laws, regulations and procedures with respect to assistance and funding of research and development provided by the government of that Partner.
Eligibility
Eligible projects will be those based on alliances or cooperation between at least one industrial partner from
Israel
and at least one industrial partner from
India
, by which technological knowledge is developed jointly to the mutual benefit of businesses in
India
and
Israel
.
For Further Information please contact:
Ms. Merav Tapiero
Program Manager
India -Israel Industrial R&D Cooperation
MATIMOP
-
Israeli
Industry
Center
for R&D
Tel.: +972 (0)3 - 5118169
e-mail:
merav@matimop.org.il