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Fostering the Growth of High Technology

An astonishing 70% of Israel's exports are in the high-tech sector. Per capita, Israel has more high-tech startups, scientists, engineers, civilian research and development spending, venture capital investments and patents registered in the United States than any other country in the world.

 

Additionally, with one of the world's best educated and most entrepreneurial workforces, Israel is well placed to be a global technological leader for decades to come.

There are a variety of foundations dedicated to developing cooperation between Israel and the United States. The Israel-U.S. Binational Industrial Research and Development Foundation (BIRD), the U.S.-Israel Binational Agricultural Research and Development Fund (BARD) and the U.S.-Israel Binational Science Foundation (BSF) are three foundations that generate mutually beneficial cooperation in industrial research and development, technological innovation, agriculture and scientific research.

BARD has funded over 870 research projects in locations throughout most of the fifty states. The estimated dollar benefits to the United States of ten BARD projects will total $440 million through the year 2010. BIRD supports approximately fifteen projects annually in the field of R&D with a total investment of around $11 million per year. BSF has supported nearly 4000 cooperative research programs and many BSF grantees have gone on to win prestigious awards, including the Nobel Prize.

Above: Technologies invented in Israel: Computer hardware, SIM card, Microprocessor, Cellular phone, Netafim drip irrigation lines a lettuce field.

 

 

 

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