In 2022, the Israel Innovation Authority (IIA) allocated a total value of 23 million Israeli shekels (about 6.2 million U.S. dollars) in grants to start-ups in the field of clean technologies. This reflected a decrease of almost 15 percent from the previous year. Overall, the share of IIA funding dedicated to these tech ventures was relatively low in comparison to other verticals.
Annual total value of Innovation Authority (IIA) grants to clean technology start-ups in Israel from 2019 to 2022
(in million Israeli shekels)
Currency conversion rate as of September 4, 2024 was 1 USD = 3.71 ILS.
* Data for 2019 is based on earlier reports by the source.
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.
Clean tech ventures are described by the source as those whose goal is to reduce negative ecological impacts and improve sustainable use of natural resources. These include, but are not restricted to, climate-friendly technologies, recycling, alternative energy and the mitigation of air pollution.Â
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Israel Central Bureau of Statistics. (January 6, 2024). Annual total value of Innovation Authority (IIA) grants to clean technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1490321/israel-annual-value-iia-investment-clean-tech-startup/
Israel Central Bureau of Statistics. "Annual total value of Innovation Authority (IIA) grants to clean technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels)." Chart. January 6, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1490321/israel-annual-value-iia-investment-clean-tech-startup/
Israel Central Bureau of Statistics. (2024). Annual total value of Innovation Authority (IIA) grants to clean technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1490321/israel-annual-value-iia-investment-clean-tech-startup/
Israel Central Bureau of Statistics. "Annual Total Value of Innovation Authority (Iia) Grants to Clean Technology Start-ups in Israel from 2019 to 2022 (in Million Israeli Shekels)." Statista, Statista Inc., 6 Jan 2024, https://www.statista.com/statistics/1490321/israel-annual-value-iia-investment-clean-tech-startup/
Israel Central Bureau of Statistics, Annual total value of Innovation Authority (IIA) grants to clean technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels) Statista, https://www.statista.com/statistics/1490321/israel-annual-value-iia-investment-clean-tech-startup/ (last visited December 22, 2024)
Annual total value of Innovation Authority (IIA) grants to clean technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels) [Graph], Israel Central Bureau of Statistics, January 6, 2024. [Online]. Available: https://www.statista.com/statistics/1490321/israel-annual-value-iia-investment-clean-tech-startup/