During its meeting on June 5, 2013, the Board of Governors of the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation, approved $10.95 million in funding for fourteen new projects between Israeli and American companies. Of these, two involve joint venture R&D between Southeast companies and Israeli partners:
- Ashkelon-based Curapipe and Spartanburg, South Carolina-based Milliken will develop a leakage cure system for urban water pipes.
- Jerusalem-based Water Flow Tech and Atlanta-based Mueller Water Products will develop a capability for low flow detection.
The fourteen projects approved by the Board of Governors are in addition to the 863 projects which the BIRD Foundation has approved for funding during its 36 year history. To date, BIRD’s total investment in these projects has been over $300 million, helping to generate direct and indirect sales of more than $10 billion.
“In this cycle, BIRD’s Board of Governors approved a relatively large number of joint, innovative projects between U.S. and Israeli companies, in diverse sectors, including several areas of high national priority for both countries, such as cyber security, alternative fuels, energy efficiency and water technologies,” said Dr. Eitan Yudilevich, Executive Director of the BIRD Foundation,
The BIRD Foundation promotes collaboration between Israeli and American companies in various technological fields for the purpose of joint product development. In addition to providing conditional grants of up to $1 million for approved projects, the Foundation assists by working with companies to identify potential strategic partners and facilitate introductions. The American-Israel Chamber of Commerce, SE Region represents BIRD in the Southeast.
“We’re very proud of our role in these two projects that have the potential to bring novel Water solutions to the market, a key component of sustainability that is crucial in both the Southeast and Israel,” said AICC President Tom Glaser who has also served as BIRD representative in the region since 2007.
The deadline for submission of Executive Summaries for the next BIRD cycle is on September 10, 2013. Approval of projects will take place in December 2013.