The state government has partnered with Israel for the NSW-Israel R&D Tech Innovation Program, which NSW Minister for Innovation Matt Kean said will deliver global opportunities to develop, commercialise and sell new products and services while building innovation links between the two centres.
“Israel is one of the world’s leading innovation powerhouses, and this new program will allow NSW and Israel to help businesses build global commercial capabilities,” Minsiter Kean said.
“Applications will remain open until 18 December for NSW companies wanting to partner with those in Israel to apply for NSW government grants of up to $250,000.”
Under the program, the state government will contribute up to 50 per cent of a participating NSW company’s project costs, with applicants then required to match that contribution. The Israel Innovation Authority will also provide matching grants to Israeli companies that take part in the program.
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