Jaron Lotan has actually been selected as the brand-new Executive Director for the BIRD Structure. Lotan will be successful Eitan Yudilevich, who has actually served in the position given that 2006.
The BIRD Structure promotes cooperations in between U.S. and Israeli business in different technological sectors for joint item advancement. In addition to supplying conditional grants of approximately $1.5 million, the Structure helps by dealing with business to determine possible tactical partners and help with intros.
Lotan gives the Structure several years of experience in essential executive functions with leading innovation business. He presently works as Vice Chairman of the Aaron Institute for Economic Policy at the Reichman University.
The BIRD Structure works to motivate and help with cooperation in between U.S. and Israeli business in a wide variety of innovation sectors and provides financing to picked tasks. The Structure supports tasks without getting any equity or copyright rights from the taking part business. BIRD financing is paid back as royalties from sales of items that were advertised as an outcome of BIRD assistance. The Structure shares the danger and offers financing of approximately 50% of a task’s budget plan, starting with R&D and ending with the preliminary phases of sales and marketing.
.
