Economy Ministry’s Israel Innovation Authority

Gov't could free up over NIS 2.5 billion by closing redundant ministries

Out of 32 current ministries, 25 could be said to be standard ministries that are essential to running the country as a Jewish and democratic nation.

 Members from Israel's Tourism Ministry, Foreign Affairs Ministry, Justice Ministry, Police and other government and local leaders convened a forum to address the spike in anti-Christian attacks.
 Israeli national flags flutter in front of an office tower at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020.

Israel invests $30 million in AI, supercomputing innovation

 A campus view of the Technion, Israel Institute of Technology, in the northern Israeli city of Haifa, on February 19, 2019.

Technion and Economy Ministry collaborate to boost industry innovation

 Trays of Mush Foods' mycelium-based alternative protein ready for grilling and rapid consumption

Israel announces infrastructure for alternative protein development


Israeli Innovation Authority to launch plans for quantum computing tech

The goal of the group is to demonstrate how quanta can advance Israel’s science and hi-tech industries, with the hope of private R&D initiatives in the future.

 Conceptual illustration of quantum dots in action.

Israel Innovation Authority grants NIS 139 m. to hi-tech training

"The programs will increase the number of new hi-tech employees by tens of thousands and bolster Israel's digital transformation, as well as provide a rapid response to unemployment."

Israel Innovation Authority Vice President Anya Eldan.

Gov't to invest NIS 50m. to help companies impacted by COVID-19

The pandemic has heavily damaged business activity in Israel; this project initiated by the Economic Ministry will aim at strengthening the economy.

Israeli national flags flutter in front of an office tower at a business park housing high tech companies, at Ofer Park in Petah Tikva.

Graduates of IDF's Unit 8200 are helping promote Arab startups, women

Called Hybrid, the program promotes various Arab-led startups from an early stage all the way to becoming independent and international hi-tech companies.

IDF's 8200 alumni who are leading the Hybrid program for promoting Arab startups.

Call for new bio-tech lab to address global health challenges

Intensified by the current coronavirus crisis, they show need to find fast-paced, innovative solutions

‘JERUSALEM IS A hi-tech and bio-med hub in Israel.’

Business owners exploit coronavirus crisis to raise food prices

Within the last two weeks alone it was discovered that dozens of businesses have already raised the prices of foods such as eggs, milk, cheese and challah.

A Beersheba grocery store

Top 10 headlines of 2018: Economy

A year of highlights and lowlights in Israel: The economy

Minister of Economy and Industry, Eli Cohen (right), and SodaStream's CEO Daniel Birnbaum at the Ministry of Economy

Unit 8200 hits the road in America

A dozen women, along with seven start-up founders, to speed-date with US investors.

Morning commuters are seen outside the New York Stock Exchange.