Israel’s Defense Ministry will collaborate with Israel Homeland Security to (iHLS) to set up an innovation center which aims to nurture and promote the development of local security-focused startups and technologies and assist entrepreneurs, iHLS announced in a post on its website Monday.
The center, dubbed INNOFENSE, is “an innovation program for technological projects in the civilian and security sector,” the iHLS post said. The program will be designed to “strengthen the links” between civilian and defense markets through the collaborative development of technologies in order to improve and advance both markets.
The goal of the program is for local startups to develop civilian tech that can be accessbile to the Ministry of Defense and the IDF for security purposes.
The program is being led by the Ministry of Defense Administration for the Development of Weapons and Technological Infrastructure (MAFAT) and the Ministry of Defense Chief Economist Ze’ev Zilber.
During the first stage of the program, several projects will be recruited for a six-month period. Each project will receive a NIS 200,000 ($57,552) grant, in addition to support from the innovation center. A source told Israeli financial daily Globes that 10 projects will be chosen for a pilot trial in the innovation center, with five of those ventures operating in the offices of the iHLS accelerator in Tel Aviv’s Kiryat Atidim high-tech park and the other five in the offices of Israeli startup network SOSA in south Tel Aviv.
The Defense Ministry chose iHLS as a partner of the program because of it success in the innovation sector as well as its dedicated accelerator for HLS technologies.
“INNOFENSE, the new innovation center of the Research and Development Directorate and the Ministry of Defense, will be the professional and technological home for every dual-use idea or innovation in the competitive civilian market,” said Brig.-Gen. (res.) Dr. Daniel Gold, the head of the Research and Development Directorate. “A professional supervision team, alongside a generous financial grant, will assist any start-up venture that chooses to break down barriers as far and wide as possible. The fruits of the venture will benefit the various security bodies, alongside civilian economic and business success. The Research and Development Directorate sees this unique venture as a cornerstone in successfully realizing its national responsibility ‘to turn a vision into security.’”
Published at Mon, 12 Aug 2019 17:33:58 +0000