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BIRD to Invest $8.1 Million in Nine New Projects

During its meeting in Tel Aviv last month, 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.  Tom Glaser, AICC’s President, serves as the Southeast representative for BIRD.

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 will develop a miniaturized implantable device for GERD (Gastro-Esophageal Reflux Disease).
  • EnVerid Systems and Johnson Controls will develop a novel air handling technology for reducing energy consumption of HVAC (Heating Ventilation and Air Conditioning).
  • Ginger Software and Houghton Mifflin Harcourt will develop an advanced learning platform for English language learners.
  • iFibers and Mirion Technologies will develop a portable laser thermoluminescence radiation dosimeter.
  • MedCPU and Cleveland Clinic will develop a patient care decision support system.
  • QualiSystems and OnPath will develop an advanced platform for network lab management.
  • RAFAEL and Covanta Energ will develop a biomass-to-fuel mobile system.
  • Semantipedia and Daylight CISwill develop a web based, semantic platform for Life Sciences.
  • VivoText and Hasbro will develop a life-like speech capability for embedded platforms.

“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,” said Dr. Eitan Yudilevich, Executive Director of the BIRD Foundation.

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

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