Israel launches $9.5 million program for Negev and Galilee

(JNS) — The Israel Innovation Authority announced on Wednesday a $9.5 million fund aimed at encouraging high-tech companies to expand into Israel’s war-battered northern and southern regions. This funding, part of the “Leap to High-Tech” program, will support companies in opening new branches and hiring local talent, fostering economic growth and reducing disparities across the country.

The program is being launched in collaboration with the Ministry of the Negev, Galilee and National Resilience, the Ministry for Social Equality and the Tekuma Authority.

Under the program, companies will be el...