Canada-Israel Industrial R&D Foundation (CIIRDF)
Nonprofit Organization Management - Ottawa, Ontario, Canada
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Canada-Israel Industrial R&D Foundation (CIIRDF) Details
The Canada-Israel Industrial R&D Foundation (CIIRDF) stimulates and invests in collaborative research and development between private sector companies in Canada and Israel, with a focus on the commercialization of new technologies. Established in 1994 under a formal treaty from the Governments of Canada and Israel, CIIRDF is connected institutionally with the Office of the Chief Scientist in Israel's Ministry of the Economy. Leveraging a unique bilateral governance structure, and recognized as one of the most successful partnership models of its kind, CIIRDF has financed more than 90 technology partnerships that enabled the joint development and sale of more than 50 products. This has generated hundreds of millions of dollars in economic value for Canadian and Israeli companies over the past decade. This reinforces how Canada-Israel S&T partnerships can be leveraged to open new markets, generate revenues and bolster international trade for collaborators. The foundation promotes the benefits of Canada-Israel R&D collaboration; offers a match-making service to companies; and provides early-stage investment for Canada-Israel R&D that leverages the complementary capabilities, expertise and resources of each partner. For additional information, please visit: www.ciirdf.ca
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