New $160 Million Fund for to Encourage High-Tech Investments in Israel | The Jewish Press - JewishPress.com | TPS / Tazpit News Agency | 13 Nisan 5784 – Saturday, April 20, 2024 jewishpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jewishpress.com Daily Mail and Mail on Sunday newspapers.
The Israeli government, in collaboration with the Ministry of Finance and the Israeli Innovation Authority, announced today that it has approved a transformative stimulus package aimed at elevating Israel’s standing as a global high-tech hub. A result of exhaustive deliberations by the Budget Division in the Ministry of Finance and the Israel Innovation Authority, the multifaceted stimulus plan will include several key initiatives aimed at bolstering Israel’s high-tech ecosystem
Previously, unstable tech regulations in Africa made governments lose valuable taxes and economic activities, but now they are enacting startup bills and getting more involved in their tech ecosystems. We explained why this is of utmost importance.