August 19, 2015 | The Office of the Chief Scientist announced new tenders for the establishment of government-supported technological incubators in Israel. Each of the franchises will be held for eight years and in a different location in Israel: Tel Aviv (which will receive two franchises), Jerusalem, Judea and Samaria. The selection process is a competitive one, with large multinational corporations like Philips, Teva Pharmaceuticals, Nielsen and more holding current tenders. The processes of selecting companies to “sponsor” or franchise a technological incubator in Israel has been a policy of the Israeli government since the early 1990s.
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