The Canada-Israel Industrial Research and Development Foundation (CIIRDF) today announced four new bilateral R&D projects valued at more than $5 million that will help Canadian and Israeli firms access global markets.
Leveraging more than $2.2 million from CIIRDF, the projects bring together 11 Canadian and Israeli technology companies and research partners to create and commercialize new technologies with application in life sciences, public safety, and communications technologies.
Downstream, the emerging products and services are projected to generate hundreds of millions of dollars in revenues for collaborating companies, helping to stimulate the creation of new jobs and other economic benefits in Canada and Israel.
To learn more, download the complete CIIRDF Press Release and Backgrounder
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