Chief Scientist Announces New Benefits For High-Tech Companies

September 4, 2014 | The Office of the Chief Scientist in the Israeli Ministry of the Economy announced a series of benefits for startups and high-tech companies that take part in the office’s services. Some of the benefits include an increased salary cap for R&D workers, advances of 35 percent (instead of 25 percent) on grants upfront, and an extension on timelines to submit requests, just to name a few. The move comes as the Office of the Chief Scientist is set to become privatized and on the backdrop of budget cuts totally tens of million of shekels. The current Chief Scientist is Mr. Avi Hasson.