In 2022, the Israel Innovation Authority (IIA) allocated 236 million Israeli shekels (about 64 million U.S. dollars) to life science technology start-ups in Israel. This amounted to more than double the amount allocated to the companies developing applications for industry and business. In an effort to bolster local high-tech development, the IIA provided 656 million Israeli shekels (about 177 million U.S. dollars) in grants to tech start-ups that year.
Value of Innovation Authority (IIA) start-up grants in Israel in 2022, by field of activity
(in million Israeli shekels)
Currency conversion rate as of September 4, 2024, 1 USD = 3.71 ILS.
The Israel Innovation Authority (IIA), formerly known as the Office of the Chief Scientist, is the government's main arm to and invest in research and development and support the country's technology industry.Â
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Israel Central Bureau of Statistics. (January 6, 2024). Value of Innovation Authority (IIA) start-up grants in Israel in 2022, by field of activity (in million Israeli shekels) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1489924/israel-value-innovation-authority-grants-startup-by-vertical/
Israel Central Bureau of Statistics. "Value of Innovation Authority (IIA) start-up grants in Israel in 2022, by field of activity (in million Israeli shekels)." Chart. January 6, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1489924/israel-value-innovation-authority-grants-startup-by-vertical/
Israel Central Bureau of Statistics. (2024). Value of Innovation Authority (IIA) start-up grants in Israel in 2022, by field of activity (in million Israeli shekels). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1489924/israel-value-innovation-authority-grants-startup-by-vertical/
Israel Central Bureau of Statistics. "Value of Innovation Authority (Iia) Start-up Grants in Israel in 2022, by Field of Activity (in Million Israeli Shekels)." Statista, Statista Inc., 6 Jan 2024, https://www.statista.com/statistics/1489924/israel-value-innovation-authority-grants-startup-by-vertical/
Israel Central Bureau of Statistics, Value of Innovation Authority (IIA) start-up grants in Israel in 2022, by field of activity (in million Israeli shekels) Statista, https://www.statista.com/statistics/1489924/israel-value-innovation-authority-grants-startup-by-vertical/ (last visited December 21, 2024)
Value of Innovation Authority (IIA) start-up grants in Israel in 2022, by field of activity (in million Israeli shekels) [Graph], Israel Central Bureau of Statistics, January 6, 2024. [Online]. Available: https://www.statista.com/statistics/1489924/israel-value-innovation-authority-grants-startup-by-vertical/