The NSW-Israel Research and Development (R&D) Tech Innovation Program opened applications on Monday, with businesses given until June 7 to apply. However, businesses looking to apply for the grant will need a buddy business in Israel to join in the R&D of a new product in order to be eligible.
Businesses looking for an Israel counterpart can post an expression of interest here, or check out the Israeli companies seeking Australian counterparts here.
Fifty percent of the up-to $250,000 grant will be covered by the NSW Department of Industry, with the remaining 50% to be covered by the applicant or a third party.
Read the report by Dominic Powell at SmartCompany.