INDIA-ISRAEL INDUSTRIAL R&D & TECHNOLOGICAL INNOVATION FUND (I4F)
Jan. 20, 2022
Experts from India and Israel deliberated on widening the scope of India-Israel Industrial R&D and Technological Innovation Fund (I4F) at its 8th Governing Body meeting.
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They approved 3 joint R&D projects worth 5.5 million $ and suggested measures to create a broader India-Israel collaborative ecosystem.
India-Israel Industrial R&D and Technological Innovation Fund (I4F) fund is a cooperation between the Department of Science and Technology (DST), Government of India, and the Israel Innovation Authority, Government of Israel.
It’s objective is to promote, facilitate and support joint industrial R&D projects between companies from India and Israel to address the challenges in the agreed ‘Focus Sectors’.
I4F is aimed to promote, facilitate and support joint industrial R&D between India & Israel, which would lead to the co-development and commercialization of innovative technologies benefiting both countries.
Global Innovation & Technology Alliance (GITA) is appointed to implement the I4F program in India, while Israel Innovation Authority is the implementing agency in Israel.
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