On 18th January, 2022, the 8th Governing Body Meeting of the India-Israel Industrial R&D and Technological Innovation Fund (I4F) was virtually held. In the meeting, experts from India and Israel deliberated on widening the scope of collaboration.
Review: The Governing Body ratified the Minutes of Seventh Governing Board Meeting. The members further discussed the status of ongoing projects under the I4F since 2018.
New Projects: Both sides approved 3 joint R&D projects with an overall budget of USD 5.4 million. The projects are:
Centrally Monitored IoT Nanosensors for Molecular Diagnostics in Healthcare and Screening Applications;
NoMoreMos- a mosquito control biological solution; and
IoT enabled satellite communication for real-time collection of agriculture and environment data across India.
I4F Website: Israel introduced the new I4F website and matchmaking platform developed as a measure to increase the popularity of the joint programme.
I4F 2.0: The members mutually decided on a strategy for the new phase of I4F 2.0, which included fund widening, co-developing disruptive technologies in strategic sectors etc.
Partnership Development Activities: The members also suggested the need to focus on Partnership Development Activities like more business activities with Indian and Israeli companies and startups through series of online events and follow up B2B meetings.
