Technology Incubators: An Asset for New Israeli Companies

In the belief that the country's economic future is largely dependent on the success of its technological industry, the government launched a technological incubator program in 1991. This program enables any entrepreneur with an innovative technological idea to turn the idea into a product. The incubator program is applied in all parts of the country, under the guidance and with the support of the Office of the Chief Scientist of the Ministry of Industry and Trade.

Technological entrepreneurship incubators are supportive frameworks that enable start-up entrepreneurs — whether they are residents, returning residents, or immigrants — to take innovative technological ideas into the preliminary stages of development, turn them into commercial products for export, and establish factories for this purpose in Israel.