1) Israel's technological competitiveness and economic growth are closely tied to its investments in research and development (R&D), which generate higher social returns than private returns. 2) The Israeli Chief Scientist oversees R&D funding programs that support innovative startups, industry-academic partnerships, and international collaborations. 3) In 2010, the Chief Scientist's office funded over 2000 R&D projects totaling 1.62 billion NIS to maximize the impact of its constrained budget.

1. Mr. Avi Hasson - Chief Scientist Director General of Innovation and Industrial R&D Administration Ministry of Industry, Trade and Labor Hungary – EU – Israel Workshop on Start-Ups and Innovation

3. World Map of Innovation according to John Kao Source: Harvard Business Review Ministry of Industry, Trade and Labor Office of the Chief Scientist

4. Generic R&D Nofar, Magneton Competitive R&D National Pre-Seed TNUFA Technological Incubators MAGNET Support of Traditional Industry Applied Academic Research Basic R&D Market Proximity International OCS Instruments Along The Value Chain R&D Fund International Cooperation in R&D Europe FP Europe FP EUREKA! Bi-national Funds Global Enterprises R&D Cooperation Bi-national Agreements Cooperative R&D

5. International Cooperation Foundations: BIRDF-with U.S.A. USISTC/F SIIRD-with Singapore CIIRDF - with Canada KORIL-RDF - With S. Korea

6. Maryland, Victoria, Ontario France Belgium Italy India Taiwan Hungary Sweden Portugal Turkey Brazil Argentina Greece Denmark Bi-National Support Agreements : Uruguay International Cooperation China Finland Germany Holland

7. MNC – Startup R&D Collaboration Framework 21 Strategic Agreements: 75 Joint Projects OCS MNC Israeli companies Ministry of Industry, Trade and Labor Office of the Chief Scientist

8. No. Of Applications : ~ 2000 Projects Requested Budget: ~6.5 Billion NIS Total Grants: ~ 1.62 Billion NIS OCS 2010 Some Figures Ministry of Industry, Trade and Labor Office of the Chief Scientist