Israel may be a global source of innovation but falls behind other countries in certain key aspects, according to a new report.

Two reports, one by the Taub Center and the other by Start-Up Nation Central and the Israel Innovation Authority, urge different courses of action to address challenges to the Isreali tech industry.

The Israel Innovation Authority and the Brazilian Agency for Industrial Research and Innovation (EMBRAPII) signed an MOU for a partnership program in the fields of IoT, life sciences, energy, and agriculture.

New funding initiatives and support programs from the Israel Innovation Authority and Start-Up Nation Central seek to narrow the economic and societal gaps.

The EU agency will invest with Israel Cleantech Ventures (ICV) in seed and early-stage companies developing innovative tech that enhances resource efficiency and sustainability.

The Israeli government's funding arm for R&D and innovation will invest more than $28 million into the new facility over the next eight years.

The Israel Innovation Authority and the Israeli Ministry of Economy and Industry announced they will expand the programs with increased funding and an additional year.

Avi Hasson, who headed what is now known as the Israel Innovation Authority, told CTech that Israeli companies must continue to make inroads in Asia.

Medtronic, GE Healthcare, and Change Healthcare will receive grants totaling NIS 120 million over six years as part of a government program.

The new pilot program seeks to promote the implementation of advanced solutions in Israeli healthcare and support the advancement of Israeli digital health tech.

The Israel-Italy Joint Innovation Council for Industrial, Scientific, and Technological Cooperation in R&D will promote eight academic and six industrial cooperative projects, funded by both governments at NIS 15 million (almost $4.2 million) per year.

The Israel Innovation Authority has announced a partnership with Boston's PULSE@MassChallenge, seeking to connect Israeli startups with local health companies.

The companies were selected by the Israel Innovation Authority to run coding courses in an effort to future software developers expected to join the workforce within the next five years.

The global venture capital firm, which already operates a tech incubator in Beersheba, will establish a new branch in Jerusalem to support starts in cybersecurity, AI, and organizational software.

An impressive lineup of nine firms selected by the Israeli Innovation Authority will participate in the world's largest and most prestigious biotechnology conference, the 25th annual BIO International Convention.