OCS Ministry of Economy Execution of government policy for support of industrial R&D Goal is not to make money but strengthen the industry Enable but don t lead the market do no harm 37 different programs to promote innovative R&D 1
The OCS programs: Location on the Product Value Chain National vs. International MAGNET Kamin Nofar R&D Centers for MNC s Tnufa Technological Incubators R&D Fund Multi National Corporations Program Bi-National Agreements Bi-National Agreements 2
OCS Grants by Technological Sectors 2013 3
MATIMOP Executive Agency of OCS Office of the Chief Scientist (OCS) An administration in the Israeli Ministry of Economy Responsible for the industrial R&D and innovation support policy Directly funds Israeli companies and industrial R&D consortia MATIMOP Israel Industry Center for R&D Acts as Israel s national industrial innovation agency Entrusted to promote and manage international R&D cooperation schemes on behalf of OCS Facilitates access to OCS funding schemes for international cooperation projects Expertise in match-making of R&D project partners Americas Division at MATIMOP Promotes and facilitates international R&D collaboration in the Americas Dedicated to supporting, enhancing and optimizing existing bilateral funding platforms in the region Exploring additional cooperation opportunities within the Americas region 4 4
The MATIMOP Process Email outreach Website Conferences Social Media Call for Proposals Road Show Partnerships B2B Events Submissions to the OCS 5
R&D Fund The R&D Fund is the main financial instrument supporting international R&D collaboration Supports competitive R&D of companies (SME s to big companies). Projects criteria: development of new product significant improvement to an existing product lead to a new industrial process or to a significant improvement in an existing industrial process Support Beta Site stage OCS participates in 20% - 50% of R&D expenses Royalty payments out of the total annual revenues: 3 % of revenues acquired during the first three years 3.5 % from the third year onward 6
Evaluation Process 1. Submission by Applicants to the OCS Through an online system 2. Evaluation process Nominating an evaluator On-site evaluation Final report Legal Representative Deputy Chief Scientist Ministry of industry Chief Scientist 3. Decision made by the Research Committee: Approval/dis-approval, budget and % support 4. Company gets advance payment Upon completion of Y1 and conclusion of final technical & financial report, received remainder of funding 5. Conditional Grant Ministry of Finance Public Representative 7
Evaluation Criteria 1. The commercial aspect (potential, markets, marketing customers, sales, margins, manufacturing, economical benefits etc ) 2. The technological aspect (innovation, originality, risk, technological assets, IP, etc ) 3. The capabilities and competence of the participants 4. The added value and contribution of the cooperation 5. The benefit to both sides 8
International Cooperation Agreements in Industrial R&D 9 North America BIRD (Foundation) CIIRDF (Foundation) South Carolina California Florida New York Massachusetts Maryland Virginia Wisconsin Oregon Colorado Illinois Michigan Latin America Argentina Brazil Sao Paulo, Brazil Uruguay Mexico Columbia Chile Europe France Russia Italy Germany Greece Denmark Hungary Turkey Portugal Finland Sweden The Netherlands Czech Republic Spain Belgium Poland Romania China Jiangsu MOST Shanghai Shenzhen Shandong Guangdong Hong Kong Zhejiang India i4rd (Federal) KIRD (Karnataka) Asia Japan (Federal) SIIRD-Singapore KORIL-RDF-Korea Australia (Victoria) 9
US-Israel R&D Collaboration Opportunities State Level Funding Frameworks 11 programs currently active Working closely with State agencies, Regional Economic Development offices to generate high quality deal-flow Some niche tech focus: Aerospace, cyber, automotive Federal/Targeted Programs NCCOE Cyber, Federal - Maryland CIRM Stem Cell Research, California CNSE Nano Center, Albany NY NIFA USDA, Federal NIH National Cancer Institute, Federal Large US Enterprises On self funding basis Scouting/due diligence conducted by MATIMOP/OCS Stepping stone for Israeli companies 10
Project: Developing a novel 3-D imaging capsule that can screen for polyps and lesions associated with colorectal cancer. Israel s Check Cap partners with Lantheus a Mass based company developing, manufacturing and distributing innovative diagnostics imaging agents. 11