In mid-2017 the NSW Government opened a new funding stream for R&D companies and tech startups under its NSW-Israel R&D and Technological Innovation Program. The program offered up to $250,000 of matched funding for NSW businesses to partner with Israeli businesses on new, innovative and market driven solutions. While the program highlighted the desire for cyber security, agri-tech and water-tech solutions, the program itself was sector agnostic and had an incredible response in NSW from companies spanning cyber security, fintech, clean-tech, medical therapeutics, robotics, AI, edu-tech to a range of agriculture solutions.
While still assessing the first round of applications, the NSW Department of Industry is now opening the program for a second round of funding. Applications opened today and are staying open until 7 June 2018.
The response to the program has been fantastic so far, and that has been on the back of huge support from everyone in the ecosystem here spreading the word.
More information is available at http://www.industry.nsw.gov.au/israelresearchprogram