Israeli Innovation Authority Approves Budget Increase for eHV Companies

As of January 2018, every company to be accepted into the eHealth Ventures Digital Health incubator will be eligible for a 3 M NIS investment (instead of the current 2.5 M).

This recent amendment in the Israeli Innovation Authority (IIA) policy is directed only towards “rural” incubators such as eHealth Ventures and their portfolio companies.

According to Anya Eldan, VP of the IIA and head of the Start-Up division, rural areas in Israel are rich in entrepreneurship activity but lacking investment capability. By applying this change, the IIA hopes to attract entrepreneurs to the rural-based incubators.

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