Invest in the
Invest in the
Invest in the
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Aid for <strong>the</strong> Establishment of Change-Generat<strong>in</strong>gEnterprises <strong>in</strong> <strong>the</strong> Priority A AreasIn view of <strong>the</strong> global economic crisis and its implications on <strong>the</strong> state ofIsrael and especially priority A areas. <strong>the</strong> M<strong>in</strong>istry of Industry, Trade andLabor and <strong>the</strong> M<strong>in</strong>istry of F<strong>in</strong>ance have formulated a track for <strong>the</strong> provisionof aid to encourage <strong>the</strong> establishment of change - generat<strong>in</strong>g enterprises<strong>in</strong> <strong>the</strong> Priority A areas. As <strong>the</strong> supply and range of places of employment<strong>in</strong> <strong>the</strong> Priority A areas is substantially lower than those <strong>in</strong> <strong>the</strong> center of <strong>the</strong>country, employees who have lost <strong>the</strong>ir jobs <strong>in</strong> bus<strong>in</strong>esses <strong>in</strong> <strong>the</strong> Priority Aareas f<strong>in</strong>d it difficult to f<strong>in</strong>d alternative employment and some of <strong>the</strong>m areeven lost to <strong>the</strong> employment market.The purpose of this track is to create a wide range and scope of stableplaces of employment <strong>in</strong> <strong>the</strong> Priority A regions through <strong>the</strong> establishmentof enterprises <strong>in</strong> this area or <strong>the</strong> relocation of <strong>in</strong>dustrial activity to this area,with a total <strong>in</strong>vestment of at least NIS 300 Million and an employmentexpectation of at least 400 employees.Extent of <strong>the</strong> Aid Be<strong>in</strong>g Provided:Up to 25% of <strong>the</strong> total eligible <strong>in</strong>vestment (equipment and mach<strong>in</strong>ery, expensesof plann<strong>in</strong>g and supervision of build<strong>in</strong>gs; construction; land and <strong>in</strong>frastructuredevelopment; <strong>in</strong>stallations and systems <strong>in</strong> <strong>the</strong> build<strong>in</strong>g; improvements <strong>in</strong>leased property; <strong>in</strong>stallation of equipment; runn<strong>in</strong>g-<strong>in</strong> costs; office equipment;computers and communications; transportation of equipment).Fur<strong>the</strong>r details can be obta<strong>in</strong>ed from <strong>the</strong> website of <strong>the</strong> M<strong>in</strong>istry ofIndustry, Trade and Labor - <strong>Invest</strong>ment Center.17 Negev and Galilee Development Center