Global Enterprise Collaboration Program
It’s a well-known fact that the vast majority of breakthrough technologies coming out of Israel are developed by relatively small startup companies. While startup companies are usually very creative and highly efficient in conducting R&D, commercialization of newly developed products has always been a challenge, due to their very limited resources.
Large companies, on the other hand, especially leading multinational corporations (MNCs), have a strong advantage in commercialization, manufacturing and marketing of new products worldwide. Startup companies and MNCs can both benefit from collaboration, by sharing the risk of R&D investment and relying on the facilities of MNCs for “whole product” development and market penetration.
In order to encourage the creation of MNC-Startup partnerships in Israel, the Office of the Chief Scientist (OCS) has established a dedicated Global Enterprise Collaboration Program.