Chief Scientist raises incubator funding

The Chief Scientist's Office in the Industry, Trade and Labor Ministry on Monday allocated some NIS10m. for six incubator-stage software, life sciences and agricultural companies.

By MATTHEW KRIEGER
October 30, 2007 08:27

 
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The Chief Scientist's Office in the Industry, Trade and Labor Ministry on Monday allocated some NIS 10 million for six incubator-stage software, life sciences and agricultural companies. According to the ministry's incubator office, approximately 40 percent of the companies currently funded by the Chief Scientist's office are life science firms, while 20% are biotech or pharmaceutical companies.

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