During its December meeting in Jerusalem, the Board of Governors of the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation, approved $8.3 million in funding for eleven new projects between U.S. and Israeli companies. In addition to the grants from BIRD, the projects will access private sector funding, boosting the total value of all projects to approximately $23 million.
The eleven projects approved by the Board of Governors are in addition to the 900 projects which the BIRD Foundation has approved for funding during its 37 year history. To date, BIRD’s total investment in joint projects has been over $300 million, helping to generate direct and indirect sales of more than $10 billion.
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The projects approved include:
BrainsGate (Caesarea, Israel) and Formlabs (Somerville, MA): 3D printed patient-specific implantation guides for injectable stroke treatment neurostimulators.
· Danziger Innovations (Mishmar HaShiv’a, Israel) and Precision BioSciences (Durham, NC): Long shelf life petunia varieties by site specific genomic deletion.
· FSV6 (Herzliya, Israel) and Abbott Medical Optics (Santa Ana, CA): Shape change accommodating intra ocular lens.
· Hy-Laboratories (Rehovot, Israel) and GENEWIZ (South Plainfield, NJ): Diagnostic panels for the determination of the microbiome in obesity and diabetes.
· IOSight (Tel Aviv, Israel) and American Water Works Company (Voorhees, NJ): Smart water management system.
· MobileOCT (Tel Aviv, Israel) and Dimagi (Cambridge, MA): Advanced cervical cancer analysis in remote areas.
· Orgenesis (Haifa, Israel) and Pall Corporation (Washington, NY): Autologous insulin producing cells for the treatment of diabetes.
· SCD (Misgav, Israel) and Quantum Imaging (Colorado Springs, CO): Uncooled VGA SWIR camera.
· Softwheel (Tel Aviv, Israel) and Crawford Composites (Denver, NC): Wheel for safety and freedom of the wheelchair bound.
· ThetaRay (Hod HaSharon, Israel) and GE Global Research (Niskayuna, NY): Anomaly detection for advanced manufacturing.
· Timocco (Tel Aviv, Israel) and Rhode Island Hospital (Providence, RI): Web/mobile therapeutic game platform for child physiotherapy.
Dr. Eitan Yudilevich, Executive Director of the BIRD Foundation, said: “We conclude another very successful year of joint U.S.-Israel innovation nurtured by the BIRD Foundation. In 2014, BIRD’s Board of Governors approved a total of 22 projects involving companies of diverse sizes and sectors with identified potential for both significant revenue and social contribution.”