Deadline for Submission
Israel Innovation Authority
Bilateral program providing financial support for collaborative industrial R&D projects between Israeli and Australian companies from the state of Victoria.
For the Call for Proposal in the Australian website and Australian partner submittal: click here
The Victoria-Israel Science and Technology Research and Development (VISTECH) Program provides funding support for market-oriented collaborative research and development (R&D) projects by Victorian (Australia) and Israeli companies, consistent with the Cooperation Agreement in place between Victoria and Israel since 2005. In Victoria, VISTECH is one of the programs of the Victoria Israel Science Innovation and Technology Scheme (VISITS).
The VISTECH program is implemented by the State Government of Victoria through the Department of Jobs, Precincts and Regions (DJPR) in Victoria, and in Israel is implemented by the Israel Innovation Authority. Successful Israeli applicants enter into a funding agreement with the Israel Innovation Authority. Successful Victorian applicants enter into a grant agreement with the DJPR
Innovative or improved technological product jointly developed by Israeli and Victorian based companies. Complementary expertise is preferred. The project contributions by the Victorian and Israeli applicants must be fairly balanced. In addition, the applications must demonstrate commercial plans and potential, as well as expected impact on society and the economy.
The VISTECH program supports collaborative R&D projects aimed at achieving commercialization of innovative technologies or improved products, processes or services that can potentially contribute to the economic development of Victoria and Israel. Support for partner-matching is also available.
Financial support of up to AUD$250,000 per project (approximately US$225,000, depending on exchange rate) is available to Victorian-based companies, provided by the Victorian Government as a grant. Financial support of up to 50% of approved R&D expenses is available to Israel-based companies, provided by the Israel Innovation Authority, as a conditional grant. For both Israeli and Victorian companies, financial support of up to 50% of eligible R&D expenses of approved projects are provided.
Victorian and Israeli companies that meet the program’s eligibility criteria are invited to apply for funding support for collaborative R&D projects.
Read the FULL VISTECH Program Guidelines
It is highly recommended to initially submit to the program managers the (Bilateral Application Form) that is prepared together with your partner, and prepare your joint Letter of Intent (LOI) regarding the IP rights. We recommend to send to the program managers the 2 forms by March 5, 2020. The intention is to review the application and give the partners comments and guidance before submitting the full application to make sure the application is according to the criteria of the program and the Israel Innovation Authority application policies.
Israeli companies are required to submit their full application online. The application includes the Bilateral Form, LOI, and additional forms in Hebrew to be uploaded to the Israel Innovation online
See all relevant attachments in the link to the Hebrew page of the Call for Proposal
Full Submition deadline is March 19, 2020 at 14:00 Israel time zone
In addition to access to funding schemes, VISTECH offers Israeli and Victorian companies assistance in identifying potential partners for R&D projects. This service is offered on an on-going basis. Companies interested in this service are invited to fill out a VISTECH Partner Search Form.
Please note that engagement with any Victorian Government representative does not constitute endorsement of any application for funding.