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

b> 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%
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    SOURCE The BIRD Foundation
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