{"id":1703,"date":"2023-05-14T13:15:29","date_gmt":"2023-05-14T13:15:29","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?post_type=kol_kore&p=1703"},"modified":"2023-05-14T13:15:30","modified_gmt":"2023-05-14T13:15:30","slug":"china-israel-changzhou-innovation-park-cip-initiative-2","status":"publish","type":"kol_kore","link":"https:\/\/innovationisrael.org.il\/en\/kol_kore\/china-israel-changzhou-innovation-park-cip-initiative-2\/","title":{"rendered":"China-Israel Changzhou Innovation Park (CIP) Initiative"},"content":{"rendered":"\n

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

Paving the Way for Israeli Firms Entering the Chinese Market Providing Professional Services and Facilities.<\/p>\n\n\n\n

For more information on this call for proposal’s program: click here<\/a><\/p>\n\n\n\n

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

All Technologies<\/p>\n\n\n\n

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

What is the CIP Initiative?<\/strong>
The China-Israel Changzhou Innovation Park (CIP) is a bi-national governmental initiative that provides a unique platform for Israeli industrial companies seeking to enter the Chinese market. The initiative provides Israeli companies the opportunity to establish a headquarters in the Changzhou West Taihu Lake S&T Industrial Park (the “Park) in Jiangsu Province, China and receive a unique incentive package and professional services to help them overcome barriers and succeed in China with the support of the park\u2019s facilities and its dedicated staff.<\/p>\n\n\n\n

Israeli companies that join the initiative will receive access to unique grants and financial incentives, discounted office space and facilities (manufacturing space, laboratories, workshops), assistance in protecting intellectual property, support in hiring high-quality local labor, subsidies for equipment, attractive loans, assistance with permits and licenses, logistic management and other services intended to reduce the time and investment needed to penetrate the Chinese market.

Companies can apply for this initiative by submitting a request to the Israel Innovation Authority. Requests will be approved based on a professional assessment. Following approval, the company will be able to negotiate with Park’s management in the framework of pre-agreed conditions.<\/p>\n\n\n\n

What are the Incentives?<\/strong>
The joint initiative provides Israeli companies a favorable incentives package which includes a range of financial, support & professional services, including:<\/p>\n\n\n\n