During its meeting on December 19, 2023, held in Washington D.C., the Board of Governors of the Israel-U.S. Binational Industrial Research and
Development (BIRD) Foundation approved $9.6 million in funding for ten new projects between U.S. and Israeli companies. In addition to the grants from BIRD, the projects will access privatesector funding, boosting the total investment in all projects to $24.5 million.
The BIRD Foundation promotes collaborations between U.S. and Israeli companies in various technological sectors for joint product development. In addition to providing conditional grants of up to $1.5 million, the Foundation assists by working with companies to identify potential strategic partners and facilitate introductions.
The submitted projects are reviewed by evaluators appointed by the National Institute of
Standards and Technology (NIST) of the U.S. Department of Commerce and the Israel
Innovation Authority.
The ten projects approved by the Board of Governors are in addition to the over 1000 projects that the BIRD Foundation has approved for funding during its 46-year history. To date, BIRD’s total investment in joint projects is over $390 million, helping to generate direct and indirect sales of more than $10 billion.