LANSING — The Michigan Economic Development Corp. and the Israeli Ministry of Economy today announced the Michigan-Israeli Technology Connect Program for joint research and development projects between Israeli and Michigan for-profit companies. The purpose of the program is to promote and enhance the economic partnership between Michigan and Israel.
“Michigan’s longstanding ties with Israeli companies and academic institutions have created excellent opportunities to improve trade, increase business investment and scientific research,” says Gov. Rick Snyder. “The joint projects that will come out of this partnership will build on these highly productive relationships. Our shared entrepreneurial spirit and technology leadership combine for a broad range of possibilities across a range of industries, automotive, cyber security, water technologies, life sciences and defense.”
The Joint Project Submission is designed to stimulate development of new or improved products or processes for commercialization in global markets. This initial submission period focuses primarily on automotive, cyber security, and the convergence of cyber/auto and cyber/defense; as well as water technologies.
Joint projects within the program framework may be supported, on a case-by-case basis, through a variety of existing funding sources both from Michigan and Israel.
Submissions should include at least one Israeli company and one Michigan company. Participation of research institutions and universities is welcome as subcontractors to the applicant from their country.
The application process is open now through Feb. 23, 2015. For more details on the program, click here.