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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

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



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SOURCE The BIRD Foundation
Copyright©2010 PR Newswire.
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