Client updates /  Innovation Authority

The IIA’s funding tracks for proof of concept (PoC) give breathing room to fledgling entrepreneurs and ventures during their efforts to transform an idea into a product, even before outside investors are considered.

The state of emergency in the Israeli economy and the massive call-up of reservists are expected to adversely impact the Israeli high-tech industry. The Israel Innovation Authority is establishing an express grant track and is offering a series of reliefs to existing startups to help them sustain business continuity.

In an expanded panel of nine justices, Israeli Supreme Court prescribed a set of rules concerning procedures and judicial discretion on the granting of search warrants of computers and cellular devices as part of an investigation. 

Due to the coronavirus pandemic, the Israel Innovation Authority (IIA) has issued a major easement for the companies it supports, in the manner in which payroll expenses for companies in the midst of carrying out approved plans will be recognized.