Public Private Partnership: Building Innovation Ecosystem

Transcription

1 Public Private Partnership: Building Innovation Ecosystem Anya Eldan Vice President Israel Innovation Authority innovationisrael.org.il

2 Major impact on the Israeli economy 9% of Employees 15% of GDP 50% of Industrial Exports

3 What Makes Israel So Successful? Private Funding Growth Companies Government Multi-national corporations A functioning ecosystem of innovation Defense R&D Academia Startups

4 Israel Innovation Authority overview

5 Practicing Public-Private Partnership for over 40 Years Infrastructure Risk sharing Social goals

6 Principles of the Innovation Policy Neutrality grant is based solely on technological excellence and business potential Reciprocity financing firms with conditional loan; repayments based on royalties (no equity is taken) Matching matching governmental money with private money Enabling the market; Not leading it

7 The Israeli Innovation Authority Funding all technologies and all stages of Innovation Electronics Fin-Tech Cyber Semiconductors Food- Tech Robotics Pharma Plastics Aeronautics AI Big data Agro-Tech Medical Equipment Machine learning Transportation Tech transfer from academia Ed-Tech mobile Digital Health Entrepreneurs Start-Ups SMEs Large Companies Life sciences

8 In one word: Collaboration Encouraging many types of R&D Cooperation Academia and Research Institutes Israeli Industry Foreign Players

9 United States: BIRD (Foundation) The Network of International Collaboration in R&D North America New York Massachusetts Maryland Oregon Virginia Wisconsin Colorado Illinois Canada: CIIRDF (Foundation) Ontario South America Argentina Uruguay Brazil Europe* France Russia (Rusano, Skolkovo) Italy Germany Greece Denmark Hungary Turkey Portugal Finland Sweden Czech Republic Bulgaria Lithuania Slovenia Ireland Belgium (Flandria) Netherlands Cyprus Horizon China (Jiangsu, MOST, Shanghai, Shenzhen, Guangdong, Shandong, Zhejiang, Hong Kong) Taiwan Japan Asia India (i4rd Federal, Karnataka) KORIL-RDF-Korea (Foundation) SIIRD-Singapore (Foundation) Australia (Victoria) * Most of the countries - through EUREKA (40 countries Multilateral Initiative)

10 Innovation divisions The different needs of Israeli hi-tech firms require different policies and tools Research infrastructure, disruptive technologies and bridges between industry and academia Maintaining a sufficient deal flow of tech startups and helping them reach fundable milestone Helping tech firms grow in Israel Supporting tech solutions to societal and public goals and focusing especially on inclusive growth and on improving the quality of services of the public sector Pushing the manufacturing industries to a sustainable competitive path Enabling Israeli technology industry to find its path in the global arena

11 STARTUP Division TNUFA Technological Incubators Biotechnology Incubator Early Stage Fund Innovation Visa Enable entrepreneurs to prove initial feasibility for innovative technological ideas. Government private : 85% - 15%, up to $65,000 Transform innovative technological ideas into viable start-up companies. Government - Incubator: 85% - 15%, up to $800K for 2 years Lead Biotechnology start-ups toward clinical trial and fundable milestone. Government Incubator: 85% - 15% up to $2.025M for 3 years Enable companies to reach a Fundable Milestone for Series A investment Government private : 50% - 50%, up to ~$2.5M Arab and Orthodox : Government - Private : 85% - 15% of budget Support foreign entrepreneurs to develop technological initiatives in Israel

12 Incubators 18 Incubators 1 Bio-Incubator Shareholders Haifa Caesarea Natanya Ra anana Tel Aviv Yoq neam Gush Segev Nazareth Ariel katzrin Or Yehuda Modi'in Illit Ness Ziona Ashdod Jerusalem Beer Sheba

13 Inclusive Innovation Periphery Ultra Orthodox Traditional Industries Arab Women

14 Women Led Ventures A Big Unknown.. ~ 10% Women entrepreneurs approach Israel Innovation Authority ~ 3% Exits by Women entrepreneurs Google campus for moms ~ 7% VC investments in women entrepreneurs

15 Women Led Ventures Google campus for moms

16 Supporting Women Entrepreneurs Google campus for moms

17 Thank You