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Dror Bin to take over as CEO of Israel Innovation Authority

Bin holds two bachelor’s degrees from the Technion – Israel Institute of Technology: one in systems information engineering and the other in industrial management, as well as an MBA from Tel Aviv University.  The IIA is the Israeli government’s tech investment arm. It is an independent statutory authority that’s charged with advancing innovation to promote sustainable economic growth. The IIA’s budget for 2020 stood at NIS 2.25 billion ($700 million) and it handed out grants to 1,600 new startups across all technology sectors and stages of product development.   The Authority is responsible for a number of key areas – core activities include: research and development grants for new and disruptive technological products; preparing for upcoming technology trends; and “enabling” activities for the Israeli innovation ecosystem such as promoting human capital, regulation, etc.

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