Government approves stimulus package to assist vital hi-tech industry during wartime

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As part of the 2024 war budget, the Israel Innovation Authority, in charge of directing tech policies, will get additional funds to help incentivize investments in start-ups.

For the incentive program, the government will bolster the Israel Innovation Authority’s base budget of NIS 1.5 billion, by an additional NIS 940 million in 2024.

Read more in Times of Israel.

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