119 Israeli companies have won grants under the EU Seventh Framework Programme for R&D.
The EU Seventh Framework Progamme for Research and Development (2007-2013) includes a budget of €1 billion for joint projects between Israeli and European companies, out of a total budget of €53 billion.
The figures were released for an Israel-European R&D Directorate(ISERD) conference sponsored by EU Ambassador to Israel Ramiro Cibrian Uzal, Chief Scientist Dr. Eli Opper. The conference will also give merit awards to the 119 Israeli grant winners.
Grant winners include Azimuth Technologies Ltd. (TASE:AZTC), BigBand Networks Inc. (Nasdaq:BBND), Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT), Radvision Ltd. (Nasdaq: RVSN; TASE: RVSN), and CogniFit Ltd. Israeli universities won grants for 77 projects, and other recipients include Israel Nature and Natural Parks Protection Authority, Magan David Adom, and Soroka Medical Center.
Published by Globes [online], Israel business news - www.globes.co.il - on October 28, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007