35 new R&D projects approved

The projects discussed had requested "medium-sized" investments of NIS 10m. to 30m. each.

By AVI KRAWITZ
May 9, 2006 07:09

The research committee, headed by Chief Scientist Eli Ofir, has approved 35 new research and development projects with an investment of NIS 278 million, the ministry of Industry, Trade and Labor said Monday. The Chief Scientist will cover NIS 122m. of the total investment from its budget. The approval follows a recent meeting in which the committee considered 47 new R&D projects to fall under its program, requiring a total investment of NIS 510m., the ministry said. The projects discussed had requested "medium-sized" investments of NIS 10m. to 30m. each. Nine of the projects were in the electronics field, six in medical devices, and four in various sectors including chemicals, while 28 communications projects were considered.


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