{"id":2745,"date":"2021-12-29T11:12:00","date_gmt":"2021-12-29T11:12:00","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?post_type=press_release&p=2745"},"modified":"2023-11-30T09:40:13","modified_gmt":"2023-11-30T09:40:13","slug":"nis-54-million-to-49-entities-to-increase-the-overall-number-of-employees-in-high-tech-industry","status":"publish","type":"press_release","link":"https:\/\/innovationisrael.org.il\/en\/press_release\/nis-54-million-to-49-entities-to-increase-the-overall-number-of-employees-in-high-tech-industry\/","title":{"rendered":"NIS 54 million to 49 entities to increase the overall number of employees in high-tech industry"},"content":{"rendered":"\n
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It is estimated that these programs will result in the training and placement of about 12,000 employees<\/h2>\n\n\n\n
<\/p>\n\n\n\n
Israel Innovation Authority grants NIS 54 million to 49 entities to increase the overall number of employees in high-tech industry It is estimated that these programs will result in the training and placement of about 12,000 employees<\/h3>\n\n\n\n
Israel\u2019s Innovation Authority is granting NIS 54 million to 49 entities to increase the overall number of employees in high-tech industry. This Government investment in addition to the mandated matching by the companies will result in an investment of about NIS 120 million in the training and placement of personnel for the Israeli innovation industry.<\/p>\n\n\n\n
The committee approved, among others, non-academic programs and training schemes, including juniors, at a total value of NIS 20 million which will train about 6,600 participants. Additionally, programs that will integrate under-represented populations in the high-tech sector for a total of about NIS 14.5 million will train about 3,200 participants: Programs that will integrate the Arab sector were awarded about NIS 7.3 million for training about 1,120 participants, specific programs to integrate women were awarded a total of NIS 4.4 million, programs to promote integration of the Ultra-Orthodox society in the high-tech sector were awarded a total of NIS 4.8 million. Furthermore, for the first time, the Research Committee awarded funds to develop a digital platform to help connect between employers, employees and training programs. The selected entities presented innovative and groundbreaking programs and models that will result in the training and placement of skilled human capital in the high-tech industry.<\/p>\n\n\n\n
Minister of Innovation, Science and Technology, Orit Farkash-Hacohen<\/strong>: In order to ensure Israel’s continued technological leadership for years to come, the State of Israel is required to create innovative solutions to help promote human capital for the high-tech industry. We are required to work fast and in numerous ways and channels including maximizing the potential of academia alumni, integrating underrepresented populations, promoting non-academic technological training and increasing the presence of skilled foreign employees. Such activities will enable to maintain Israel’s standing as a global innovation hub and the high-tech industry as the engine that drives Israel\u2019s economy forward.”<\/p>\n\n\n\n
Dr. Ami Appelbaum, Chairman Israel Innovation Authority<\/strong>: “Israeli high-tech demonstrated high resilience in the face of the COVID-19 crisis thanks to its ability to quickly react to new working conditions and uncertainty. Moreover, during the last year, the high-tech sector’s capital raising broke new records thus significantly increasing the need to recruit skilled employees, which in turn only amplified the chronic shortage of employees in this industry. Furthermore, the rapid growth of a large number of companies increased dramatically the need for technological and business human capital. The shortage in human capital is one of the market-failures that challenges the continued rapid growth of the high-tech industry in Israel and the ability to maintain international leadership and competitiveness. We put great emphasis on collaborating with the industry in order to create innovative solutions that will benefit and improve its status.”<\/p>\n\n\n\n
The Human Capital Fund program is designed to help solve this challenge via an innovative and groundbreaking program that will expand the offering of local employees, notably from the entire Israeli population, including underrepresented populations as well as foreign employees.<\/p>\n\n\n\n
This program will provide two grant channels:<\/p>\n\n\n\n
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For requested grant of up to NIS 1 million \u2013 (for ideation\/seed stage programs) \u2013 Israel Innovation Authority will provide up to 70% of the approved budget.<\/li>\n\n\n\n
For requested grant of NIS 1-15 million \u2013 (for growth\/scale up programs) \u2013 Israel Innovation Authority will provide up to 50% of approved budget and in special cases up to 70% of the approved budget.<\/li>\n<\/ul>\n\n\n\n
This grant program is designed to support various projects (in the human capital development field they will encompass \u2013 trainings, apprenticeship, placement, upgrade, potential search and more). It is defining challenges rather than solutions, and looking into solutions received from the industry (bottom-up approach) while considering unified standards such as additional skilled human capital for a high-paid industry, offered program’s level of innovation, aspects of cost\/benefit, ability to bring on partners and scale the program and more.<\/p>\n\n\n\n
Approved programs include innovative and groundbreaking offers that focus on various aspects such as:<\/p>\n\n\n\n
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Placement of juniors in the industry (including OJT)<\/li>\n\n\n\n
Upskilling of former high-tech employees to allow for their re-entry to the high-tech industry (for example people who are 45 + years old, women)<\/li>\n\n\n\n
Academia graduates retraining for high-tech professions<\/li>\n\n\n\n
Locating, training and placement of employees via non-academic training for high-tech professions<\/li>\n\n\n\n
Locating and placing foreign human capital: immigrants, eligible per Law of Return, returning Israelis and foreign experts<\/li>\n\n\n\n
Integration of underrepresented populations in the industry as well as employees from geographic and social periphery.<\/li>\n\n\n\n
High-tech industry employers’ association for the placement of juniors in the industry or for expanding the knowledge of existing employees in advanced technologies.<\/li>\n\n\n\n
In knowledge deficient domains, such as Bio-Convergence, Semiconductors & VLSI, Quantum, AI, Climate.<\/li>\n<\/ul>\n\n\n\n
Winning entities and their programs are as follows:<\/strong><\/p>\n\n\n\n
Company Name<\/strong><\/td>
Program<\/strong><\/td><\/tr>
CyberPro Ltd.<\/td>
Practical training in the fields of cyber and information security in collaboration with employers.<\/td><\/tr>
Dicomano Ltd.<\/td>
The company has developed a unique model for training developers – with an emphasis on the target population who have difficulty entering the high-tech world – students graduating from the worlds of information systems, computing, industrial engineering and inexperienced management graduates from colleges living in the periphery.<\/td><\/tr>
Spark Innovation Ltd.<\/td>
The program emphasizes the integration of diverse target audiences, with an emphasis on members of the periphery, new immigrants, women, integration with non-academic training in high-tech, as well as the conversion of academics and the training of employees without previous experience. At the core of the program is a collaboration between the alumni unit of the 8200 Intelligence Unit, which is at the forefront of training and promotion for the knowledge-intensive industry, and Masterschool, one of the pioneers of success-based training in the world.<\/td><\/tr>
Heznek Association<\/td>
The “Startup for the Future” association, in collaboration with the “Zion” company, embarked on a unique joint venture, with the aim of preparing software developers, who failed to integrate optimally in the world of work, in their field of study, in the technological labor market.The project aims to address the built-in gap between academic training and employment.<\/td><\/tr>
Sela <\/td>
Establishment of a unique training system for the most popular professions in the high-tech industry that will enable the training of about 200 employees in the most advanced technologies during the program. Emphasis on a track that includes theoretical and practical training while integrating OJT. The graduates are expected to be absorbed for the most part into work at Sela’s software house on the job and progress over the years without a glass ceiling.<\/td><\/tr>
SQ Link Ltd.<\/td>
Training and placement in the DevOps world.<\/td><\/tr>
Gav-Yam Negev Ltd.<\/td>
A unique internship program, initiated by the management of the high-tech park in Be’er Sheva and in collaboration with Ben Gurion University of the Negev and Aluma, in order to create a high-quality human capital reserve for the high-tech industry and increase employment opportunities.The program allows students studying engineering and software to undergo a practical internship accompanied by a mentor at one of the technology companies operating in the park for an academic semester, gaining practical experience in the development environment of the high-tech company during their studies, thus significantly increasing their chances of absorption. The success of the pilot program will enable its implementation in all technology centers throughout the country.<\/td><\/tr>
Technion R&D Foundation Ltd.<\/td>
A program for training and promoting employees in the high-tech industry in a variety of advanced technological positions.<\/td><\/tr>
Casual Speakers Ltd.<\/td>
As part of the program, hundreds of trainees will be recruited for several months’ work in small programming teams, which we call flower beds. Each flower bed will work on a product of a high-tech company or start-up from the industry (the “partner-company”), using the specific programming languages and work methodologies used by that company. The partner company will have access to recruitment from the participants in the flower bed.<\/td><\/tr>
Emightgen Ltd.<\/td>
Emightgen is a software house – a leading and professional patrol that specializes in embedded and software solutions for IoT. The company is located in the north of the country. The track consists of 8 months of training that combines professional content, practical experience, and soft content.<\/td><\/tr>
8200 Alumni Association (S.M. 2) <\/td>
Promoting employment in the high-tech industry for young and inexperienced people (junior positions) with an emphasis on under-represented populations. The program will create an intermediate stage after completing the academic degree in order to train the participants for admission to work in the high-tech industry and will include a number of key stages: locating and sorting; re-training; practical experience; accompany for employment<\/td><\/tr>