BIRD Foundation - Israel-U.S. Binational Industrial R&D 3.68

BIRD is a key catalyst for joint R&D between American and Israeli companies. BIRD brings together promising Israeli companies and their medium-to-large U.S. counterparts, focusing on emerging industries and novel technologies. Any pair of companies, one Israeli and one American, may jointly apply for BIRD support as long as they have the combined capability and infrastructure to define, develop, manufacture, market, sell and support an innovative product based on industrial R&D. The BIRD Foundation offers “conditional grants” for joint development projects on a risk-sharing basis. Since its inception 30 years ago, BIRD has approved more than 800 projects. The cumulative direct and indirect sales of products developed by BIRD exceed $10B.
See: https://en.wikipedia.org/wiki/BIRD_Foundation