Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum...

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Dr. Yehoshua (Shuki) Dr. Yehoshua (Shuki) Gleitman Gleitman CEO, CEO, Shrem Fudim Kelner Shrem Fudim Kelner Technologies, Technologies, Managing Partner, Managing Partner, Platinum Neurone Ventures (PNV) Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF) and Korea Global IT Fund (KGIF)

Transcript of Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum...

Page 1: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Dr. Yehoshua (Shuki)Dr. Yehoshua (Shuki)

GleitmanGleitman

CEO,CEO, Shrem Fudim Kelner Technologies, Shrem Fudim Kelner Technologies,

Managing Partner,Managing Partner,

Platinum Neurone Ventures (PNV) Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)and Korea Global IT Fund (KGIF)

Page 2: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

• Former Director General & Chief Scientist, Israel

Ministry of Industry & Trade

• Former CEO, Ampal-American Israel Corporation

• Former Head, Israel Ministry of Defense: Laser Branch

• Chairman, BIRD (US - Israel Industrial R&D Foundation)

• Chairman, SIIRDF (Singapore – Israel)

• Chairman, CIIRDF (Canada - Israel)

• Joint Chairman, US Israel Science and Technology

Commission

• Chairman, Taiwan Israel Economic Committee

• Honorary Consul General, Republic of Singapore to

Israel

Page 3: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

An Overview of the Israeli Approach for Encouragement of Industrial R&D

Presented by Dr. Shuki Gleitman

April 2004

Page 4: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)
Page 5: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Government Support Option

Basic R&D

RISK

International

programs

INCUBATORS

Nofar

EuropeanFP

Applied academic research

Market proximity

MAGNET

Competitive R&D

Magneton

Long Range R&D

Seed FundTnufa

Page 6: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Israeli Approach

• VATAT – Major Support Program For The Universities

• National Council of High Education

• National Academy Of Science

• Science Ministry

• OCS – Office Of The Chief Scientist

• National Boards

• Agriculture, Health - Ministries

Page 7: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

• Economic growth

• Enhancing Israel’s attractiveness for investments

Targets:

• To enhance Israeli industries competitive edge

• To broaden Israel’s technological infrastructure

• To encourage international cooperation in R&D

• To foster entrepreneurship

O.C.S. Goals and Targets:

Page 8: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Activities of the O.C.S.Chief

Scientist

Bi-National Funds

International ActivitiesActivities in Israel

U.S-Israel Science & Technology Commission

European Union Programs

FP-6

BI-National Agreements

R&D FundMagnet

Magneton (MiniMagnet)Nofar

Technological Incubators

Tenufa

Seed Fund

EUREKA

US$

300M

60M

10M

30M

US$

40M

Page 9: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

OCS ProgramsN

a tio

nal

Inte

rnat

ion

al

Generic R&D

Magnet

Magneton

ISERD(Europe FP)

Competitive R&D

IndustrialR&DFund

========Seed Fund

Pre-Seed

Technological Incubators

Nofar

Tnufa

Eureka

Bi-national Funds

Bi-national Agreements

Cooperation R&D

Matimop

Page 10: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Government Support Option

Basic R&D

RISK

International

programs

INCUBATORS

Nofar

EuropeanFP

Applied academic research

Market proximity

MAGNET

Competitive R&D

Magneton

Long Range R&D

Seed FundTnufa

Page 11: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

R&D Fund

• Supports industrial competitive R&D projects

• Grants are on a sliding scale from 20%-50% of R&D budget

• Royalty payment is 3%-5% of future product sales

• Budget: approximately $300 M/yr

• Supports over 1000 projects/yr from more than 500 companies

Page 12: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Magnet- generic, pre competitive research

• Supports the formation of consortia comprised of industrial firms and academic institutions in order to jointly develop generic, pre competitive technologies

• No royalty payments

• Grants are up to 66% of the approved budget

• Budget: approximately $60 M/yr

Page 13: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Technological Incubators

• Provides a framework and support for nascent companies to develop their innovative technological ideas and form new business ventures that can attract private investors

• The program is open to private investors to become owners of the incubators and to invest in the nascent companies at an earlier stage, thus enabling a greater return on investment

• Grants are up to 85% of the approved expenses

• Budget: approximately $30 M/yr

Page 14: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

כל מסגרות התמיכה (למעט תנופה)מספר הבקשות שהוגשו על ידי התעשייה בהשוואה לבקשות

שאושרו על ידי הוועדה

1,313 1,295

1,146

1,353 1,359

998 944832

902 925 970

1,533

1,322

1,025

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

1997 1998 1999 2000 2001 2002 2003

מספר בקשות מספר אישורים

Page 15: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Int’l Corporation Int’l Corporation

International Cooperation in R&D

Forms of Cooperation

• Bi-National Funds• Bi-National Support Agreements• Other Forms of Cooperation

Page 16: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Int’l Corporation Int’l Corporation

BIRDF-with U.S.A.

SII-RD-with Singapore

CIIRDF - with Canada

BRITECH–with the UK

KORIL-RDF - With S. Korea

Bi-National FundsBi-National Funds

Page 17: Dr. Yehoshua (Shuki) Gleitman CEO, Shrem Fudim Kelner Technologies, Managing Partner, Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)

Dr. Yehoshua (Shuki)Dr. Yehoshua (Shuki)

GleitmanGleitman

CEO,CEO, Shrem Fudim Kelner Technologies, Shrem Fudim Kelner Technologies,

Managing Partner,Managing Partner,

Platinum Neurone Ventures (PNV) Platinum Neurone Ventures (PNV) and Korea Global IT Fund (KGIF)and Korea Global IT Fund (KGIF)