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Benefits for Investors

The Manpower Training Department in the Ministry of Industry, Trade and Labor actively assists industrial companies to train workers in the different disciplines and professions as required by the company. Support is offered through three programs:

Businesses are eligible to receive grants for employing new immigrants and returning Israelis from The Ministry of Immigrant Absorption's Center for Absorption in Science.

As massive repositories of potential ideas, the Israeli technological incubators have helped to make Israel’s high-tech entrepreneurship world-renowned. The Office of the Chief Scientist (OCS) of the Ministry of Industry, Trade and Labor takes great pride in implementing the government's policy of encouraging and supporting industrial research and development in Israel at the earliest stages. Today, with both public and private incubators assisting entrepreneurs in turning their ideas into exportable commercial products, Israeli business ventures look forward to a promising future.

In order to complement the revised Law for the Encouragement of Capital Investments the government has decided to establish an additional program to increase employment in the outlying areas of Israel as well as specific centers with high unemployment.

The State of Israel encourages both local and foreign investment by offering a wide range of incentives and benefits to investors in industry, tourism and real estate. Special emphasis is given to high-tech companies and R&D activities.

The Office of the Chief Scientist (OCS) of the Ministry of Industry, Trade and Labor is responsible for implementing the government's policy of encouraging and supporting industrial research and development in Israel through the Law for the Encouragement of Industrial R&D. The OCS provides a variety of support programs that operate on an annual budget of about U.S. $300 million. This is spent on about 1,000 projects undertaken by 500 companies. These programs have helped make Israel a major center of high-tech entrepreneurship.




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