Details

Industries

Government,Information Technology

Founded date

Jan 1, 1965

Number Of Employee

51 - 100

Operating Status

Active

Investor Type

Government Office

The Israeli innovation agency, the Innovation Authority, was established in 1965 as the Office of the Chief Scientist of the Ministry of Industry and Trade and was designed as a body that supports R & D conducted in the framework of government research institutes. Industrial development in order to increase industrial exports of high-tech products. The Chief Scientist focused on reducing the risk by participating in financing the project, which the private companies chose and led.