The Industry Academy Programs of the Chief Scientist (OCS) of the Israeli Ministry of Industry and Trade:
MAGNET – The Development of Technological Infrastructure for the Industry
The MAGNET program is intended to provide a competitive position for Israel’s industry with regard to state of the art technologies of worldwide interest. The new technologies are to be developed in a cooperative venture between the industry and leading academic scientific research in the area and they will provide the basis for new high-tech products and processes.
The OCS provides for a number of cooperative paths:
1. MAGNET – The Central Program
This program involves pre-competitive R&D within a consortium that includes a number of commercial companies together with research personnel from at least one academic or research institution.
The R&D focuses on new generic technologies that will lead to new generation advanced products.
Typical grant will fund research for 3 to 5 years.
2. Mini-MAGNET (Magneton)
This program further supports an already existing relationship between industry and an academic institution. The grant amounts to 66% of the approved R&D costs.
This program supports applied academic research that has aroused business interest but not yet directed to a specific product. The objective is to advance the research to a point where it is ready for a cooperative venture with a commercial partner. A minimal requirement of this program is for a company or incubator to invest 10% of the development costs, at this stage, complementing the 90% grant given by the government.
New Magneton for water research. This project will allocate total of $3.3 million a year for the promotion of academic research that has potential for industrial applications. The program will be operated by MATIMOP, Israel Industry Center for Research &Development through MAGNET, the government program to bring industry and academia together. Ultimate policy will be determined by a committee headed by the Chief Scientist of the Ministry of Industry, Trade and Labor.
This program supports early stage applied academic research. The program supports research with a potential to become in later stage an industrial product. The objective is to promote the research to a point where it is ready for a cooperative venture with a commercial partner. No company cooperation or incubator required in this program. Proposals should be submitted twice a year. The maximal financial support could be up to 400,000 NIS per year for up to 2 years, and in special cases a 3rd year could be approved.
Please find attached: Call for Proposals