IIA Magnet Consortium R&D
Supports pre-competitive Israeli consortia that join industry and academia for shared technology development.
IIA Magnet Consortium R&D is an Israel Innovation Authority programme that backs pre-competitive research and development carried out jointly by Israeli industry and academia. It is built for multi-partner work that can create generic technology infrastructure before any single company tries to commercialise the result. The programme funds grants rather than equity or loans, with awards generally ranging from 5 million to 50 million and a median actual award of about 15 million. It is annual, requires a consortium, and sits at the early-to-mid stage of development, with eligibility set around TRL 2 to 5. The academic side is funded directly and typically covers about 66 percent of project cost, while industrial partners receive a smaller share and operate under the usual royalty-back terms on any directly commercialised outputs. The strongest fit is a team that can coordinate several Israeli companies with one or more academic research institutions around a shared technical platform. Projects run three to five years, and the structure rewards work that is useful enough for later product development but still generic enough to justify pre-competitive collaboration.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.