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August 14th, 2018, Jerusalem<\/strong>. Israeli Minister of Economy and Industry, Eli Cohen: \u201cThe joint program launched by the Israel Innovation Authority and the Cyber Directorate will ensure that Israel continues to meet the cyber sector\u2019s biggest challenges, secure our place at the forefront of innovation, and bolster Israel\u2019s global leadership in this critical industry.\u201d In addition, the Israel National Cyber Directorate and the Israel Innovation Authority will jointly promote the creation of innovation arenas in sectors undergoing significant digital transformations that expose them to cyber threats (e.g. health, transportation, finance, etc.). The innovation arenas will convene international industrial players, regulators, academics, and Israel\u2019s cyber industry to create solutions for tomorrow\u2019s cyber challenges and preserve Israel\u2019s global cyber leadership. The Israel Innovation Authority, the Israeli Ministry of Economy and Industry, and the National Cyber Directorate launch a dedicated program to strengthen Israel\u2019s cyber industry at a scope of NIS 90 million over the next three years August 14th, 2018, Jerusalem. Israeli Minister of Economy and Industry, Eli Cohen: \u201cThe joint program launched by the […]<\/p>\n","protected":false},"featured_media":7004,"parent":0,"template":"","geographic_location":[96,114,111,107,112,108],"collaboration_opportunities":[97,98,99,100,102,101],"mini_site_category":[],"class_list":["post-3175","press_release","type-press_release","status-publish","has-post-thumbnail","hentry","geographic_location-europe","geographic_location-india","geographic_location-japan","geographic_location-latin-america","geographic_location-singapore","geographic_location-united-states","collaboration_opportunities-academia","collaboration_opportunities-enterprise","collaboration_opportunities-entrepreneur","collaboration_opportunities-government","collaboration_opportunities-investors","collaboration_opportunities-media"],"acf":[],"yoast_head":"\n
Director General of the Israel National Cyber Directorate, Yigal Unna: \u201cThis program expresses the government\u2019s ongoing commitment to preserving and strengthening Israel\u2019s global cyber leadership, one of the most significant engines of the hi-tech industry\u2019s growth. The program is dedicated to addressing the cyber industry\u2019s unique challenges, with an eye towards the future. A significant part of the investment will be directed toward upgrading CyberSpark, the Israel Cyber Innovation Arena in Beersheba, to further strengthen its position as a global cyber hub. Together with the Israel Innovation Authority, we will enable Israel\u2019s cyber industry to continue leading the way in global technological innovation.\u201d
The program consists of three parts: investment in technologies with \u201cgamechanger\u201d potential on a global level; funding support for companies moving from the development stage to the testing and demonstration stage; and the allocation of resources to CyberSpark.
As part of the program, cyber defense companies will be able to receive funding in two central areas:<\/p>\n\n\n\n\n
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The new programs are designed to encourage the creation and growth of whole, sustainable cyber companies in Israel through the promotion, development, and commercialization of innovative technological solutions. This program is an additional tier of the new support programs offered by the Israel Innovation Authority in cooperation with government ministries and other agencies, which already include support for pilot programs in environmental protection, health, and transportation.
CEO of the Israel Innovation Authority, Aharon Aharon: \u201cThe local cyber ecosystem is very developed and wins acclaim around the world. Despite significant investment from VCs who have expressed faith in the local cyber market, many companies face challenges in finding suitable sites to test their technologies. This new program solves this issue and will significantly accelerate companies\u2019 growth and penetration into the global market.\u201d
Chief Scientist, Ministry of Economy and Industry, and Chairman of the Israel Innovation Authority, Dr. Ami Appelbaum: \u201cThe Israel Innovation Authority has done a great deal to promote the impressive cyber ecosystem that has grown in Israel over the past few years. The Authority stresses the importance of groundbreaking cyber defense technologies to preserve Israel\u2019s unparalleled prowess in the field. Additionally, in proving the viability of new technologies, cyber companies often need access to information and systems that are not always readily accessible to developers. This program will make it easier for companies to gain access to test sites which are not currently available to them.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"