Israel Innovation Authority is Calling Japanese Companies to Join its New Innovation Lab Program for
- Jakore
- Feb 26, 2019
- 2 min read

This program (Innovation Lab Platform) is intended to support entrepreneurs that needs platform support to reach to a PoC stage and for Int’l corporates that seek to cooperate with Israeli startups.
In this scheme we can find 5 other “Innovation Labs” programs:
1. Alliance Open Innovation Lab
Shareholders: Renault-Nissan-Mitsubishi
Sector: Automotive
Location: Tel Aviv
Website: https://www.alliance-2022.com/
2. INFRALAB
Shareholders: Enel, Shikun&binui, Solel Bohne Infrastructure
Sector: Smart Infrastructure and Construction
Location: Haifa
Website: http://infralab.co.il/
3. Let-lab
Shareholders: Ham-let Sector:
Industry 4.0 and flow systems
Location: Tziporit – Nazareth elite Industrial zone
Website: www.let-lab.com
4. PMatX Ltd
Shareholders: Merck Ventures B.V. & Flextronics (Israel)
Sector: Novel materials and (2D & 3D) printing technologies related to electronics and devices utilizing them
Location: Yavne
Website: http://pmatx.co.il/
5. FoodNxt
Shareholders: Frutarom Industries
Sector: FoodTech, functional ingredients, nutraceuticals
Location: Migdal Ha-Emek
Website: http://foodnxtlab.com/
This Program is for local and international corporates all together that seek to build an innovation lab in Israel.
Benefits of the program for corporates:
The platform will support work cooperation with startups and other companies and academia.
Attractive costs-
Israel Innovation Authority will fund up to 33% ( and up to 50% in the periphery areas) of the costs of establishing the required technological infrastructure and up to 4 Million NIS cap.
Israel Innovation Authority will also fund up to 50% of the operating expenses of the lab each year up to a maximum of half a Million NIS,
All of the above is without any requirement on the part of the Authority to invest financially in the projects.
Exposure to the Israeli innovation ecosystem as a source of growth.
Open innovation leadership: An opportunity to create value for stakeholders.
Risk Sharing: Cost and risk sharing with the Israeli Innovation Authority.
(Reference) https://innovationisrael.org.il/en/sites/default/files/inline-files/Incentive_program_no.29-Innovation_Labs_Program%2BAppendix_A%2BB.pdf
https://innovationisrael.org.il/startup/programsrnd/labs
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