A computerization grant from the Ministry of Finance A grant for traditional manufacturing up to 500,000 NIS, open for submissions until August 11th, 2019
From time to time the Ministry of Finance opens grants to promote and increase productivity is small and medium sized businesses.
CEO’s order 4.56, open for submissions until August 11th, 2019.
About the Grant
The amount of the grant is up to 50% of the cost of the project, with a maximum amount of 500,000 NIS. That is, if a project costs 1 million NIS, you can get a refund of up to 500,000 NIS – a reduction of 50% of the cost of the project.
Ideas for Projects for which the Grant is Available
Below is the list of topics of projects for which the grant can be received, and for each topic an idea for a project. There are of course other topics and many more projects that can be carried out.
- Computerized systems in a production system – computerized systems in a production system, systems dealing with financial and inventory management – for example – an ERP project, production floor computerization, an application for real-time reports on the production floor.
- Systems to promote innovation in a sales system – such as applications on top of an ERP for the salespeople.
- Innovative technologies implementation costs – consulting costs that include accompaniment and implementation – such as project management, implementation and development costs.
- Costs of hardware and physical components – (up to 30%) such as the purchase of communication infrastructure, servers, computers, printers and barcode readers.
Why should I take note?
Last submission date – August 11th, 2019
Before starting to fill out the forms, you must check you comply with the entry conditions
Be sure to fill out all the required documents and forms
Below is a Link to the Grant Application
https://www.sba.org.il/hb/AidPrograms/Pages/pr52.aspx
For guidance, questions and building a work plan to receive the grant, contact us.
Good luck!
