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Israel to establish multi-million dollar environmental protection lab

https://www.jpost.com/Jpost-Tech/Environment/Israel-to-establish-multi-million-dollar-environmental-protection-lab-580311
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Feb 11, 2019 4:37 AM 2+ mon ago

Israel to establish multi-million dollar environmental protection lab

A general view shows Dead Sea Works factory at the Dead Sea, Israel July 17, 2018

The Israel Innovation Authority, Environmental Protection Ministry and Economy and Industry Ministry have partnered together to support the establishment of an innovation laboratory specializing in environmental protection and sustainability.

Israeli and foreign corporations selected to establish and operate the laboratory, as well as participating start-ups seeking to create proof of concept, will receive financial assistance. Overall government investment in the project is expected to stand at NIS 14 million ($3.8m.)

Companies that win the tender to operate the laboratory for three years will benefit from financial support of 33% of the expenditure to establish the technological infrastructure, or 50% if the facility is built in the country's periphery, up to a maximum of NIS 4 million ($1.1m.).

The government will also finance 50% of the ongoing operations costs, up to a ...

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