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The Israeli Nanotech survey:
Israeli and overseas scientific funds account for half of USD 320 million invested in academic nano research in Israel. Venture capital funds account for only one percent
The Israeli national nano-technology venture, which reviewed the situation of nano research towards the first international nanotech conference to be held in Israel, found that to date, each researcher has received approx. USD 1.1 million in research grants, that the number of researchers is on the rise and investors are favorably viewing the nanotech market
NanoIsrael 2009
JERUSALEM - March 16 2009 - The survey also shows that despite the difficult times experienced by Israel's economy, investors still regard Israel as a promising opportunity for nanotech research. "A review of the research stages reached by researchers sends positive signals to potential investors," say the survey's authors. 58% of the researches are in their preliminary stages; 24% in the prototype stage, 14% in the testing phase and 4% are already being commercialized. The survey concludes that this is the right time for starting partnerships with players from the Israeli academy and industry. A survey of Israel's nanotech industry held by the Israel National Nano-technology Initiative (INNI) in anticipation of the 2009 NanoIsrael Week, conveys careful optimism. The survey, which looked at the situation of academic research in Israel, reveals that the average investment per Israeli investor averages USD 1.1 million. It is estimated that some USD 320 million were invested, to date, in academic research.
Close to half the funding given to Israeli nano research (45%) comes from Israeli and foreign scientific funds. The Israeli government contributes about 15% to the nano pie through bodies like MAGNET (generic technological R&D program) and the defense ministry. The balance of the multi-annual budget, approx. USD 320 million, is shared by the hosting institutes (17%), foreign government programs, donors and independent funding sources. The Israeli industry is responsible for a mere 8% of the funding, and foreign corporations 6%. Venture capital investors invest only one percent.
The survey, which was held in collaboration with Dr. Dovev Lavie from the Technion and Prof. Israeli Drori from the Administration College and Tel Aviv University, shows that the Technion employs 170 nano-researchers, followed by 55 researchers at Tel Aviv University, 45 at the Hebrew University in Jerusalem, 37 at Ben Gurion University of the Negev, 35 at the Weizmann Institute of Science and 30 at Bar Ilan University. Since 2002, the number of nano researchers in Israel has doubled.
The two main disciplines which provide researchers to the nanotech field are chemistry (25.6%) and physics (19.5%). Most of the researchers surveyed prefer focusing on materials (33% of the researchers), electronics and photonics (22%) and biotechnology (17% of the researchers).
NanoIsrael 2009 will be held on March 30th and 31st at the Inbal Hotel in Jerusalem. It is organized by Kenes Organizers, (the organizers of the annual Israel Biomed Weeks) and in collaboration with INNI – Israel National Nanotech Initiative and the Nanotech centers of Israeli universities.
For more information, visit the NanoIsrael 2009 website at www.kenes.com/nano
Or Efrat Barak / Nahum Donitza +972-3-5167336 www.donitza.co.il
Contacts:
For NanoIsrael 2009
Efrat Barak or Nahum Donitza, +972-3-5167336
www.donitza.co.il
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