In 2022, the Israel Innovation Authority (IIA) allocated a total value of 80 million Israeli shekels (about 22 million U.S. dollars) in grants to start-ups in the field of agricultural and food technologies. This reflected an increase of almost 16 percent from the previous year. Overall, the share of IIA funding dedicated to these tech ventures was relatively high in comparison to other verticals.
Annual total value of Innovation Authority (IIA) grants to agriculture and food technology start-ups in Israel from 2019 to 2022
(in million Israeli shekels)
Characteristic
Value of grants in million Israeli shekels
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Currency conversion rate as of September 2, 2024 was 1 USD = 3.65 ILS.
*Data for 2019 is based on earlier reports by the source and refers to agri-tech companies only.
The Israel Innovation Authority (IIA), formerly known as the Office of the Chief Scientist, is the government's main arm to and invest in research and development and support the country's technology industry.Â
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Israel Central Bureau of Statistics. (January 6, 2024). Annual total value of Innovation Authority (IIA) grants to agriculture and food technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels) [Graph]. In Statista. Retrieved September 13, 2024, from https://www.statista.com/statistics/1490302/israel-annual-value-iia-investment-agri-food-tech-startup/
Israel Central Bureau of Statistics. "Annual total value of Innovation Authority (IIA) grants to agriculture and food technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels)." Chart. January 6, 2024. Statista. Accessed September 13, 2024. https://www.statista.com/statistics/1490302/israel-annual-value-iia-investment-agri-food-tech-startup/
Israel Central Bureau of Statistics. (2024). Annual total value of Innovation Authority (IIA) grants to agriculture and food technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels). Statista. Statista Inc.. Accessed: September 13, 2024. https://www.statista.com/statistics/1490302/israel-annual-value-iia-investment-agri-food-tech-startup/
Israel Central Bureau of Statistics. "Annual Total Value of Innovation Authority (Iia) Grants to Agriculture and Food Technology Start-ups in Israel from 2019 to 2022 (in Million Israeli Shekels)." Statista, Statista Inc., 6 Jan 2024, https://www.statista.com/statistics/1490302/israel-annual-value-iia-investment-agri-food-tech-startup/
Israel Central Bureau of Statistics, Annual total value of Innovation Authority (IIA) grants to agriculture and food technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels) Statista, https://www.statista.com/statistics/1490302/israel-annual-value-iia-investment-agri-food-tech-startup/ (last visited September 13, 2024)
Annual total value of Innovation Authority (IIA) grants to agriculture and food technology start-ups in Israel from 2019 to 2022 (in million Israeli shekels) [Graph], Israel Central Bureau of Statistics, January 6, 2024. [Online]. Available: https://www.statista.com/statistics/1490302/israel-annual-value-iia-investment-agri-food-tech-startup/
