The Innovation Authorit wants to double the number of start-ups established by women

The Innovation Authority launches a special track for start-ups established by women: 75% grants for R & D for enterprises owned by entrepreneurial women.
The purpose of the Innovation Authority is to double the number of initiatives supported by the Authority within two years.
In the framework of the approved track, the financing for enterprises owned by women entrepreneurs (at least 33% ownership and managerial technological role in the company) will be 75% for a first-year R & D grant and 70% for the second year . The budget ceiling will be up to NIS 2.5 million in the first year and NIS 4.5 million In the framework of the program, the Innovation Authority will also provide dedicated exposure and guidance on all the tracks of the Women's Innovation Authority, in a focused effort to bringing them to the fullest of the support tools available to them.
Research indicates that technological ventures led by women in Israel institute only 8% of all technological initiatives, similar to the situation in the world. The percentage of women's projects submitted to the Innovation Authority in the years 2017-2018 stands at approximately 10% of the total number of applications for the start-up track.
The Council of the Innovation Authority approved a designated track for increased support for women's entrepreneurship at the start-up stage. The Council's decision is a significant step in reducing gender inequality and increasing the number of women entrepreneurs in entrepreneurship. This is in light of studies that show that technological initiatives led by women in Israel institute only 8% of all technological initiatives, similar to the rest of the world. The purpose of the Authority in the designated track is to double the number of initiatives supported by the Authority within two years.