About Us

IMRA
IMRA
IMRA

 

Subscribe

Search


...................................................................................................................................................


Monday, May 23, 2016
Israel and Canada Increase Technology Cooperation – Countries to Double Funding for Joint R&D

ISRAEL AND CANADA INCREASE TECHNOLOGY COOPERATION – COUNTRIES TO DOUBLE
FUNDING FOR JOINT R&D

Canada, an avid backer of Israeli technology for several years, this week
sent its largest ever official tech delegation to Israel – from the Province
of Ontario, the Canadian center of economy and technology. The delegation
includes 180 people, including the Premier of Ontario, the province's
Ministers of Economy and Health, heads of organizations, representatives
from leading Canadian universities and industrialists looking to do business
with Israeli companies. Representatives of both countries today signed an
agreement to double funding for joint research and development. Head of the
Israel Innovation Authority Avi Hasson said: "It's been ten years since
Israel signed a bilateral agreement with the provincial government of
Ontario on innovation. But today, we expanded that agreement financially,
with both sides agreeing to finance projects at $2 million every year, and
an extra $5 million budget that will be used to finance collaborations
between Israeli and Canadian industries and academia. This way we will be
able to double the number of joint projects with Ontario within five years."

JERUSALEM. May 23rd, 2016 – The success stories behind Israeli hi-tech
companies greatly contribute to helping establish extensive technological
cooperation between Israel and countries around the world. One such
collaboration growing stronger year by year is that between Israel and the
Canadian Province of Ontario. Cooperation between the two states has been
ongoing for more than a decade and their joint R&D program has already
yielded impressive technological achievements – for both the countries and
their companies. Today, representatives of Israel and Ontario will sign an
agreement to increase the joint funding they offer to companies at a value
of $2 million annually, and to budget an extra $5 million a year for
cooperation between Israeli and Canadian industries and universities.

The signing of the expanded agreement is taking place within the framework
of an official visit by the Premier of the Province of Ontario. She arrived
in Israel with the largest official tech delegation ever to come from
Canada, including 180 businesspeople, heads of organizations, industrialists
and researchers from Canada's finest universities, seeking to do business
with Israeli companies and entrepreneurs. Half of the members of the
delegation are businesspeople focusing on manufacturing and promoting
technological opportunities between the two countries.

According to the Chairman of the Israel Innovation Authority, Mr. Avi
Hasson: "Canada is a wonderful option for any Israeli company interested in
establishing its presence in North America. The Canadians see Israel as a
significant hub of innovation and they are here to forge new collaborative
relationships in several technological fields, including cleantech, biotech,
med-tech and medical devices, IT, cyber-security, energy and e-Health,
projects that can benefit both sides."

Search For An Article

....................................................................................................

Contact Us

POB 982 Kfar Sava
Tel 972-9-7604719
Fax 972-3-7255730
email:imra@netvision.net.il IMRA is now also on Twitter
http://twitter.com/IMRA_UPDATES

image004.jpg (8687 bytes)