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quality control technologies, enhancement of <strong>the</strong> productand its manufactur<strong>in</strong>g processes, and encouragement ofadaptation to normal <strong>in</strong>ternational procedures <strong>in</strong> <strong>in</strong>dustry byimprovement of work <strong>in</strong> <strong>the</strong> factory.Target Group: manufactur<strong>in</strong>g enterprises employ<strong>in</strong>g between25-500 employees.Extent of <strong>the</strong> aid: up to 400 hours of advice time, with a 50%reimbursement of <strong>the</strong> consult<strong>in</strong>g cost.5. State Guaranteed Loans Fund for Small Bus<strong>in</strong>essesPurpose of <strong>the</strong> Fund: to provide loans for small bus<strong>in</strong>esses,for <strong>the</strong> purposes of work<strong>in</strong>g capital or of establish<strong>in</strong>g/expand<strong>in</strong>g<strong>the</strong> bus<strong>in</strong>ess. The Fund dedicates aid resources to <strong>the</strong>immigrant sector and to <strong>the</strong> Arab sector.Target Group: <strong>the</strong> loans will be provided for <strong>the</strong> benefit of smallbus<strong>in</strong>esses whose existence is economically justified andwhere <strong>the</strong>re are grounds for help<strong>in</strong>g <strong>the</strong>m with bridg<strong>in</strong>g f<strong>in</strong>ance.Bus<strong>in</strong>esses whose annual turnover is up to NIS 22 Million andthat have up to 70 employees.Extent of <strong>the</strong> Aid: maximum loan is up to NIS 750,000 with a70% State guarantee. Preferential terms for bus<strong>in</strong>esses located<strong>in</strong> <strong>the</strong> area of Sderot and <strong>the</strong> Gaza surround<strong>in</strong>g beltPrerequisite Conditions: an annual turnover of up to NIS 22Million, up to 70 employees, with <strong>the</strong> bus<strong>in</strong>ess be<strong>in</strong>g ownedby <strong>in</strong>dividuals (i.e. not corporate ownership), not more than oneloan will be granted to <strong>the</strong> same body.Fur<strong>the</strong>r details about <strong>the</strong> aid programs for smallbus<strong>in</strong>esses that are specified above, can be foundon <strong>the</strong> M<strong>in</strong>istry's - website - <strong>the</strong> F<strong>in</strong>ance Director.www.moital.gov.il/f<strong>in</strong>ance39 < <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

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