Navigation Links
BIRD - Israel-US Binational Industrial R&D Foundation to Invest $8.1 Million in Nine new Projects
Date:12/20/2011

TEL AVIV, Israel, December 20, 2011 /PRNewswire/ --

During its meeting last week, held in Tel Aviv, Israel, the Board of Governors of the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation, approved $8.1 million of funding for nine new projects between Israeli and American companies. In addition to the grants from BIRD, the projects will access private sector funding, boosting the total value of all projects to $22 million.

The BIRD Foundation promotes collaboration between Israeli and American companies in various technological fields for the purpose of joint product development.  The Foundation assists by locating strategic partners from each country, making the necessary introductions, and providing conditional grants of up to $1 million for approved projects.

The nine projects approved by the Board of Governors are in addition to the 830 projects in which the BIRD Foundation has invested over its 34 year history. To date, BIRD's total investment in these projects exceeded $290 million, helping to generate sales of more than $8 billion.

The approved projects are:

  • AGM Tonson and EndoStim (St. Louis, MO) will develop a miniaturized implantable device for GERD (Gastro-Esophageal Reflux Disease).
  • EnVerid Systems and Johnson Controls (Milwaukee, WI) will develop a novel air handling technology for reducing energy consumption of HVAC (Heating Ventilation and Air Conditioning).
  • Ginger Software and Houghton Mifflin Harcourt (Boston, MA) will develop an advanced learning platform for English language learners.
  • iFibers and Mirion Technologies (San Ramon, CA) will develop a portable laser thermoluminescence radiation dosimeter.
  • MedCPU and Cleveland Clinic (Cleveland, OH) will develop a patient care decision support system.
  • QualiSystems and OnPath (Marlton, NJ) will develop an advanced platform for network lab management.
  • RAFAEL and Covanta Energy (Morristown, NJ) will develop a biomass-to-fuel mobile system.
  • Semantipedia and Daylight CIS (Laguna Niguel, CA) will develop a web based, semantic platform for Life Sciences.
  • VivoText and Hasbro (Pawtucket, RI) will develop a life-like speech capability for embedded platforms.

Dr. Eitan Yudilevich, Executive Director of the BIRD Foundation, said: "Entrepreneurship and innovation are critical for the economies of both the U.S. and Israel. The nine projects approved are great examples of the added competitive advantage, achievable through the synergy between U.S. and Israeli companies."

The submission deadline for the next BIRD cycle is on March 14, 2012. Approval of projects will take place in June 2012.

About the BIRD Foundation
The BIRD (Binational Industrial Research and Development) Foundation works to encourage cooperation between Israeli and American companies in the various areas of technology, and provides assistance in locating strategic partners from both countries for developing joint products. Approaching its 35th birthday, the BIRD Foundation has invested in close to 830 projects, which have yielded revenues of about $8 billion.

The BIRD Foundation supports projects without receiving any rights in the participating companies or in the project itself. The financial assistance is repaid as royalties from sales. The Foundation provides support of up to 50% of a project's budget, beginning with R&D and ending with the initial stages of sales and marketing. The Foundation shares the risk and does not demand that the investment be repaid if the project fails to reach the sales stage.

The BIRD Foundation works in full cooperation with the Chief Scientist's Office at the Ministry of Industry, Trade, and Labor in Israel, and with the U.S. Commerce Department's National Institute of Standards and Technology (NIST).

Dr. Eitan Yudilevich, Executive Director, The BIRD Foundation
eitan@birdf.com
Tel: +972-3-6988300



'/>"/>
SOURCE The BIRD Foundation
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. TIs new MSP430™ microcontrollers enable more performance and higher precision in home automation, industrial and portable medical applications
2. Robbins & Myers to Present at Bairds 2011 Industrial Conference November 8, 2011
3. Innophos to Present at 2011 Oppenheimer Industrials Conference
4. Bourns Introduces Two New Industrial-Grade Panel Control Models
5. Robbins & Myers to Present at Jefferies 2011 Global Industrial Conference
6. Unilife Successfully Completes Industrialization of Unifill Syringe
7. Collaborative Drug Discovery Receives New Funding to Support Tuberculosis Drug Discovery Screening Efforts and Industrial-Academic Collaborations
8. KPaul Announces New Commercial-Industrial Business Unit
9. DSM Expands Industrial Biocatalysis Platform With c-LEcta Agreement
10. Robbins & Myers to Present at Bairds 2010 Industrial Conference November 9, 2010
11. National Institute of Advanced Industrial Science and Technology (AIST) Adopts ChemAxon JChem Base for Japanese Consortium for Glycobiology and Glycotechnology Database (JCGGDB)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)... , Maharashtra, February 12, 2016 ... Market research report titled Chronic Inflammation Global Clinical ... a snapshot of the global clinical trials landscape ... clinical trials by Region, Country (G7 & E7), ... point status and reviews top companies involved and ...
(Date:2/11/2016)... , Feb. 11, 2016 The primary ... and future adoption patterns on the usage of liquid ... the following: - Timeframe of liquid biopsy ... ctDNA, cfDNA and Evs—by organization type - Sample inflow ... types: blood, saliva, stool, serum, and so on. - ...
(Date:2/11/2016)... 2016 PRO-DEX, INC. (NasdaqCM: PDEX) today announced financial ... 2015. The Company also filed its Quarterly Report on Form ... the Securities and Exchange Commission today. --> ... --> --> Net sales for ... or 95%, to $5.4 million from $2.8 million for the ...
Breaking Medicine Technology:
(Date:2/11/2016)... ... 2016 , ... In a new paper published in the ... Rod J. Rohrich, and colleagues, examine and underscore the importance of upper lateral ... when addressing this vital area. , The upper lateral cartilage in rhinoplasty, refers ...
(Date:2/11/2016)... Mount Laurel, NJ (PRWEB) , ... February 11, ... ... Commission) announces the call for nominations seeking candidates for the Board of Commissioners. ... individuals with passion, skills and experience with diversity of clinical practice settings and ...
(Date:2/11/2016)... ... February 11, 2016 , ... Life is known for throwing curves. It’s thrown ... who gather once a year to play softball to raise money through Sun ... more than 50 players who competed in this year’s softball tournament share a history ...
(Date:2/11/2016)... ... February 11, 2016 , ... AccuVein Inc. announces the Infusion ... of Practice, to include vascular visualization as a standard practice. AccuVein ( http://www.accuvein.com ... the market, facilitates adherence to this standard with its easy to use, widely ...
(Date:2/11/2016)... ... 11, 2016 , ... Dickinson Insurance & Financial Services continues their commitment to ... support of a local boy named Barrett, who has been fighting ALL leukemia for ... rally support for, all local families dealing with childhood cancer. Information on how to ...
Breaking Medicine News(10 mins):