{"id":1693,"date":"2023-05-14T13:04:35","date_gmt":"2023-05-14T13:04:35","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?post_type=kol_kore&p=1693"},"modified":"2023-05-24T08:40:47","modified_gmt":"2023-05-24T08:40:47","slug":"israels-fintech-cyber-innovation-lab-call-for-proposals","status":"publish","type":"kol_kore","link":"https:\/\/innovationisrael.org.il\/en\/kol_kore\/israels-fintech-cyber-innovation-lab-call-for-proposals\/","title":{"rendered":"Israel’s Fintech-Cyber Innovation Lab – Call for Proposals"},"content":{"rendered":"\n
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Participating Agencies<\/h2>\n\n\n
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Israel Innovation Authority<\/div> <\/div> <\/div>\n
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Israel’s Ministry of Finance<\/div> <\/div> <\/div>\n
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Israel’s Prime Minister’s Office – National Cyber Directorate<\/div> <\/div> <\/div>\n <\/div>\n\n\n

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Summary<\/h2>\n\n\n\n

The State of Israel is proud to announce a new call for proposals for a world-leading Fintech-Cyber Innovation lab: a partnership between the Israeli Ministry of Finance, Israel Innovation Authority, and the National Cyber Directorate \u2013 that offers a unique opportunity to gain insights into the government’s national financial CERT’s financial-cyber data and knowledge.<\/p>\n\n\n\n

Corporations are hereby invited to submit proposals to establish a new Fintech-Cyber Innovation lab in the South of Israel. The lab is designed to advance innovations within the fintech or cyber sectors by accelerating start-ups, leveraging both the capabilities of the leading Israeli tech eco-system, and multinational corporations that are interested in making notable innovation advancement and taking part in this cutting-edge tech community through implementing open innovation.<\/p>\n\n\n\n

Relevant Technologies<\/h2>\n\n\n\n

FinTech, Cyber Security<\/p>\n\n\n\n

Program Description<\/h2>\n\n\n\n

WHAT IS THE FINTECH-CYBER LAB?<\/h4>\n\n\n\n

The lab will provide start-ups with the access to a unique technological infrastructure to reach proof of concept, industry expertise, global business network, and tailored support from the National Financial CERT’s data and knowledge, alongside cross-sector collaborations with regulators, vendors, academia and government agencies. Solutions will be sought in the areas of credit, blockchain, investments, trading, banking, personal finance, clearance, InsurTech and more.
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Funding<\/h2>\n\n\n\n

The selected submitter will be awarded with three-year license and up to NIS 5.5 million for the lab’s establishment and operational costs. In addition, start-ups that will join the FinSEC lab will be given a grant of up to NIS 0.5 Million (up to 85% of the approved project budget) for a period of up to six months.<\/p>\n\n\n\n

Application Process<\/h2>\n\n\n\n

TIMELINE<\/h4>\n\n\n\n