trade, counsel<strong>in</strong>g, contacts and assistance <strong>in</strong> <strong>the</strong> promotionof exports, and also supplementary services for bus<strong>in</strong>essesoverseas. The Export Institute handles various matters,such as; bus<strong>in</strong>ess development, bus<strong>in</strong>ess <strong>in</strong>formation and<strong>in</strong>telligence, foreign contacts, delegations, trade fairs, foreigntrade studies, transport and logistics, etc.To contact <strong>the</strong> Export Institute and for fur<strong>the</strong>r details, see<strong>the</strong> website <strong>the</strong> address of which is: www.trade.gov.il3 AID FUNDS FOR MARKETING ABROAD:3.1 Comb<strong>in</strong>es' Fund:A comb<strong>in</strong>e is a consortium of companies that haveunified <strong>the</strong>ir activities <strong>in</strong> order to penetrate <strong>in</strong>to newmarkets or achieve <strong>the</strong> penetration of a new l<strong>in</strong>eof products. A comb<strong>in</strong>e will comprise at least 5manufactur<strong>in</strong>g companies.The aim of <strong>the</strong> scheme is to assist <strong>in</strong> promot<strong>in</strong>g <strong>the</strong>market<strong>in</strong>g of a new product or penetration <strong>in</strong>to a newmarket, and this by <strong>the</strong> receipt of f<strong>in</strong>anc<strong>in</strong>g for market<strong>in</strong>gactivities abroad: ma<strong>in</strong>ta<strong>in</strong><strong>in</strong>g offices and warehouses,advertis<strong>in</strong>g, market research, market<strong>in</strong>g advice, fairs andexhibitions, conferences etc.The grant is for 50% of <strong>the</strong> recognized market<strong>in</strong>gexpenses for <strong>the</strong> first year, 40% for <strong>the</strong> second year and30% for <strong>the</strong> third year.The target group is manufactur<strong>in</strong>g companies whose totalturnover does not exceed 30 Million Dollars.3.2 The Development Fund for Market<strong>in</strong>g <strong>in</strong> <strong>the</strong> GlobalMarket by Grant of a State Guaranteed Loan:The purpose of <strong>the</strong> Fund: assistance to small and mediumsized exporters to promote market<strong>in</strong>g <strong>in</strong> <strong>the</strong> global market by<strong>the</strong> f<strong>in</strong>anc<strong>in</strong>g of various market<strong>in</strong>g activities abroad such as:ma<strong>in</strong>ta<strong>in</strong><strong>in</strong>g offices and warehouses, advertis<strong>in</strong>g, market research,market<strong>in</strong>g advice, fairs and exhibitions, conferences etc.The target group: Companies that are export<strong>in</strong>g or who are<strong>in</strong>tend<strong>in</strong>g to export and whose sales turnover does not exceed15 Million Dollars.Extent of <strong>the</strong> Loan: 20% of revenues up to 1 Million Dollars.The loan can be obta<strong>in</strong>ed for a 3 year period. The loans are70% state guaranteed.3.3 Oversee<strong>in</strong>g Market<strong>in</strong>g:The purpose of <strong>the</strong> scheme is to help provide supervisionfor small and medium sized companies <strong>in</strong> determ<strong>in</strong><strong>in</strong>gmarket strategy, plann<strong>in</strong>g and organization for export<strong>in</strong>g, <strong>in</strong>collaboration with <strong>the</strong> Export Institute. The oversight project isbased on market<strong>in</strong>g consultants who oversee <strong>the</strong> companies<strong>in</strong> action through formulation of an export strategy, preparationof market surveys, market<strong>in</strong>g program, conduct of negotiationsetc.The Target Group: The sales turnover of <strong>the</strong> bus<strong>in</strong>essamounts to a total of up to NIS 50 Million <strong>in</strong> <strong>the</strong> base year andemploys up to 100 employees. The amount of sales of <strong>the</strong>bus<strong>in</strong>ess to <strong>the</strong> world market is a total of up to 2 Million Dollars.29 < <strong>Invest</strong> <strong>in</strong> <strong>the</strong> Negev and GalileeM<strong>in</strong>istry of Indusry, Trade and Labor > Negev and Galilee Development Center
The exporters are entitled to up to 200 hours of advice.F<strong>in</strong>anc<strong>in</strong>g <strong>the</strong> Scheme: 50% of <strong>the</strong> cost of advice time isfunded by <strong>the</strong> exporter and 50% is funded by <strong>the</strong> M<strong>in</strong>istry ofIndustry, Trade and Labor.Fur<strong>the</strong>r Details Concern<strong>in</strong>g <strong>the</strong> Aid Funds for market<strong>in</strong>gabroad can be found on <strong>the</strong> M<strong>in</strong>istry's website underAid for Industry and Bus<strong>in</strong>esses - The F<strong>in</strong>anc<strong>in</strong>gAdm<strong>in</strong>istration: www.trade.gov.il4. TRACKS FOR INTERNATIONAL COLLABORATION INRESEARCH AND DEVELOPMENTThe State promotes <strong>in</strong>ternational collaboration <strong>in</strong> researchand development between Israeli and foreign manufactur<strong>in</strong>gcompanies, with <strong>the</strong> object of assist<strong>in</strong>g <strong>the</strong> Israeli companies<strong>in</strong> creat<strong>in</strong>g strategic cooperation with suitable companiesoverseas and <strong>in</strong> that way to improve <strong>the</strong> competition capacityof <strong>the</strong> Israeli companies and <strong>the</strong>ir penetration <strong>in</strong>to <strong>the</strong><strong>in</strong>ternational market.A number of models of <strong>in</strong>ternational collaboration exist for suchpurpose: bi-national funds, bi-national agreements for parallelsupport, multi-national agreements, collaboration agreementswith multi-national corporations, ISERD, a framework programfor research and development of <strong>the</strong> European Union and <strong>the</strong>Israel-USA Science and Technology Commission.The Industry Center for Research and Development(ICRD) - Provides collaboration <strong>in</strong> <strong>the</strong> sphere of researchand development on <strong>the</strong> <strong>in</strong>ternational level. In order to assistIsraeli companies <strong>in</strong> <strong>the</strong> creation of strategic collaboration, <strong>the</strong>Government of Israel has <strong>in</strong> <strong>the</strong> last two decades concludedagreements with many countries <strong>in</strong> which each countryundertakes to assist <strong>in</strong> provid<strong>in</strong>g f<strong>in</strong>ance for its companies thatare participat<strong>in</strong>g <strong>in</strong> jo<strong>in</strong>t research and development projectswith Israel. There are various programs and collaborationschemes with various countries.Aims of <strong>the</strong> ICRD:• Promotion of <strong>in</strong>ternational collaboration <strong>in</strong> research anddevelopment - between Israeli <strong>in</strong>dustry and lead<strong>in</strong>g <strong>in</strong>dustrialelements <strong>in</strong> Europe, North and South America, Asia and <strong>the</strong>Far East, and implementation of multi-<strong>in</strong>ternational and <strong>in</strong>terstateagreements <strong>in</strong> <strong>the</strong> sphere of research and development.• Assistance to hi-tech and technology enterprises - <strong>in</strong>f<strong>in</strong>d<strong>in</strong>g <strong>in</strong>ternational strategic partners, with whose help it will bepossible to realize <strong>the</strong> high technological potential of <strong>the</strong> Israelicompanies and to facilitate bus<strong>in</strong>ess leverage and penetration<strong>in</strong>to <strong>the</strong> worldwide advanced technology markets.Fur<strong>the</strong>r Details can be found on <strong>the</strong> website <strong>the</strong> address ofwhich is: www.trade.gov.il30 < <strong>Invest</strong> <strong>in</strong> <strong>the</strong> Negev and Galilee