Chief scientist OKs new projects

Of 21 industrial R&D projects, 3 are in software development, 4 in electronics, 2 in medical equipment, 3 in developing new medicines and 5 in biotechnology.

September 28, 2007 01:48
test tubes science 88

test tube science 88. (photo credit: )

Nine new incubator companies and 21 industrial research and development programs were approved this week by the Industry, Trade and Labor Ministry's Office of the Chief Scientist for a total investment of $84.2 million. Of the 21 industrial R&D projects, three are in software development, four are in electronics, two are focused on medical equipment, three are concentrated on developing new medicines and five will be in the biotechnology sector at a total investment of NIS 68.2m. "The research commission in the Chief Scientist's Office has now approved funding for more than 100 R&D projects since we established the program at the end of 2005," noted chief scientist Dr. Eli Opper upon the announcement. The office also approved four international R&D projects, with Switzerland, France and Germany. Meanwhile, the Chief Scientist's Incubators Program Department approved the nine new programs in that area at an investment of NIS 16m. Included among the projects is a project at Xenia Venture Capital Ltd. for automatically locating and removing Internet content that harms public sensibilities and a project at Iris Ventures (formerly Am-Shav Technological Applied Development Center) in Sde Boker, to develop an information protection system for files, which also monitors the files and reports on them.

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