Institute for Advanced Manufacturing Launches ‘Fast Track for Advanced Industry’ Program Amidst Israeli Industry Challenges

by time news

2024-01-19 19:12:49

January 19, 2024

Against the backdrop of the war, factories will be able to receive a subsidy of about 240 hours of consulting for the diagnosis and implementation of technological solutions to increase productivity. To date, the institute has led about 500 advanced manufacturing projects

Against the background of the challenges of Israeli industry during the war, the Institute for Advanced Manufacturing announced a “fast track for advanced industry” in order to accelerate the assimilation of innovation in Israeli factories. As part of the program, which is supported by the joint, factories will be able to receive, with a 60% subsidy, about 240 hours of consulting and implementation on behalf of the institute’s consultants, who specialize in characterizing technological needs in the industry. The first 30 hours of escorting are free of charge. The program’s budget is limited, and the deadline for submitting an application is the end of March.

As part of the consulting process, the institute’s consultants will map the plant’s needs and provide recommendations for improving performance and transitioning to advanced production. The production institute stated that the process may lead to the promotion of advanced production projects within a few weeks. The program focuses on issues such as the implementation of information systems and automation and robotics solutions, as well as the development of human capital and technological skills.

The Institute for Advanced Manufacturing, which was established in January 2020 and operates from the Tefen Industrial Zone, provides industrial companies throughout the country with subsidized diagnostic, consulting and implementation services in the field of smart industry (industry 4.0). So far, the institute has led about 500 advanced manufacturing projects in about 330 factories, most of them small and medium enterprises from the metal, food and beverage, wood and furniture, plastic and rubber industries as well as electronics. According to the institute’s data, the factories that completed the assimilation of technologies recorded an improvement in productivity of 16.8%.

An institute is managed by the Tefen consulting group, in cooperation with the ESI company and Brauda College, which won the tender to manage the institute. Tefpan’s CEO, Meli Bitzur-Frans, is also the chair of the institute, and Merev Grossman serves as CEO.

After the diagnosis process, which is almost fully subsidized by the Ministry of Economy, the plant can proceed to the consultation and implementation phase: accompanied by the institute, it formulates a plan for equipping itself with the relevant technologies, which also includes the selection of the most suitable suppliers. Even at this stage the plant benefits from a subsidy of about 50%-70% by the Ministry of Economy. The financing of the technologies themselves may also qualify for assistance from the Innovation Authority.

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Posted in Tags: Institute for Advanced Manufacturing

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