7.2 million shekels for Israeli development research in the field of food and nutrition

by time news

This is the budget that will be given in a joint grant track between the Innovation Authority and the BARD Foundation, the binational fund for agricultural research and development of the USA and Israel, and the American National Institute of Food and Agriculture NIFA-USDA in the USA

In a joint grants track between the Innovation Authority and the BARD Foundation, the binational fund for agricultural research and development of the USA and Israel, and the American National Institute of Food and Agriculture NIFA-USDA in the USA – it was decided to provide 8 development grants in a total amount of 7.2 million NIS. This is the first round of funding within the framework of a five-year program to support research and development in the fields of food and nutrition that amounted to NIS 40 million. The American academy receives its share from NIFA-USDA, and the Israeli academy and society are financed by the grant allocated to Israeli R&D.

Dror Bin, CEO of the Innovation Authority: “Israel is one of the leading countries in innovation in the field of foodtech with relative advantages arising in part from multidisciplinary research work between researchers and the advanced industry, the entrepreneurial culture in Israel and a global reputation for innovation in the field of agriculture and biotechnology. The collaboration with academia in the USA through this grant will serve as a force multiplier and enable Progress and innovation in this field for the benefit of finding breakthrough solutions that will serve the US and Israel as well as the global market in dealing with the various challenges in the field of food and nutrition.” He also added that these days, the Authority issued a call for a plan for 2023 and we recommend companies and researchers from Israel who are interested in significant cooperation with the American Academy to participate and take a substantial part in finding innovative solutions to the food challenges we face.”

Prof. Yoram Kapolnik, CEO of Keren BARDA message: “Investment in the fields of food and nutrition and their development are important for both Israel and the USA. This program provides an opportunity to support and finance the development of issues that are important to both countries, and that have practical feasibility. The industry’s participation in innovative research will allow many companies in Israel to carry out R&D with the help of the research institutions of the best scientists in Israel and the USA. This is a new approach, thanks to which it is possible to maximize the output from the research infrastructures and the vast knowledge available in both countries, and help innovation in the field of food and nutrition to reach commercial application.” the priorities in both countries”.

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