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IIA Magnet Consortium R&D

IIA Magnet Consortium R&D

Supports pre-competitive technology infrastructure work through Israeli industry and research consortium cooperation.

OpenIsrael Innovation AuthorityIsrael

The Israel Innovation Authority's Magnet program funds pre-competitive, multi-partner R&D consortia that bring together Israeli industrial companies and Israeli academic research institutions to develop generic technology infrastructure of broad strategic value. A qualifying consortium typically includes three or more Israeli industrial companies and at least one Israeli academic partner, working …

Pre-competitive generic technology infrastructure of broad value to Israeli industry. Multi-partner consortium R&D across all sectors.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.28 weeks
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.33%
Funding pooliThe total budget available across all awards in this round.₪200M

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Last verified: 22 Jul 2026Source: innovationisrael.org.il