The Investment Authority is embarking on an assistance track for industrial plants

The Investment Authority in the Ministry of Economy and Industry is embarking on an assistance track for industrial plants throughout the country, which retained workers at least 75%, relative to the number of base jobs in the midst of the Corona virus crisis in March-June 2020.
The grant will be given for making capital investments and soft investments (bringing in experts from abroad and marketing expenses) provided that the plant's revenues are not less than NIS 20 million.
The main conditions for receiving assistance:
Employee retention: The minimum number of jobs for the assistance applicant is at least 75% in relation to the number of jobs in the factory, as of February 1, 2020.
Decrease in sales volume:
During the months of March-April or May-June 2020, (at the choice of the applicant for assistance), the applicant for assistance decreased by at least 25% compared to the corresponding period last year.