The Israel Investment Authority is currently operating a variety of dedicated assistance programs for businesses, entrepreneurs, and industrialists in the northern regions, with an emphasis on localities included in Government Resolution 3265.
The routes are intended to assist with
- Business rehabilitation and preservation
• Expanding ventures
• Creation of new jobs
• Strengthening industry and high-tech in the region
Among the main routes are:
- Assistance for the preservation and restoration of businesses through capital investments in equipment and buildings.
2. Acceleration and growth track for establishing, expanding, or relocating ventures.
3. High-paying employee onboarding path.
4. New pathways for integrating interns in technological fields.
5. Routes for attracting manufacturing plants to the North.
6. Programs for the construction, expansion, or renovation of buildings to be leased to high-tech companies, with assistance of up to 10 million NIS.
Some tracks have specific eligibility criteria that are worth reviewing in advance. The High-Salary Track, in accordance with CEO Instruction 4.18, is intended for companies seeking to establish, expand, or relocate high-salary enterprises to national priority areas and Jerusalem, through grants for hiring additional employees with high employment costs.
The Acceleration and Growth Track, in accordance with Director General’s Directive 4.85, allows companies to qualify for a grant equal to 30% of the salary costs of new employees for a period of 21 months, subject to meeting the track’s eligibility criteria, including field of activity, revenue, number of new employees, payroll costs, and employee location.
The program for attracting manufacturing plants to the north, in accordance with Director General’s Directive 4.87, allows for the assessment of eligibility for a grant at a rate of 30% from the approved investment plan, including equipment, machinery, and construction, for industrial plants that meet the program’s conditions.
In addition, a dedicated program for the employment of Druze and Circassian workers has been opened for applications, in accordance with Director General’s Directive 4.81. The program is intended for employers who hire new employees from the Druze and Circassian communities in the Galilee and the Carmel, and from the Druze population in the Golan Heights, and includes the option to receive wage-sharing grants for a period of 24 months.
In accordance with Government Decision 4057, settlements in the Golan Regional Council and Katzrin are now included in leading tracks of the Investment Authority, including:
- Acceleration and Growth Track
• Manufacturing Facility Withdrawal Route
This is a significant opportunity for businesses looking to expand operations, relocate from other ventures, or establish new operations in the North.
The deadlines for the rounds are approaching, so it's important to:
- To review the eligibility requirements
Choose the appropriate track
• Prepare for submission in a professional and accurate manner
Early preparation allows for:
- Gather the required documents
• Examine the scope of the investment
• Build a structured request according to the program requirements
Assistance for the preservation and restoration of businesses through capital investments in equipment and buildings.
Acceleration and growth track for establishing, expanding, or relocating ventures.
High-salary employee onboarding process.
New tracks for integrating interns in technology fields.
Incentives for attracting manufacturing plants to the North.
Programs for the construction, expansion, or renovation of rental buildings for high-tech companies, with grants of up to 10 million NIS.
Barzilai firm assists businesses, industrialists, and entrepreneurs in evaluating eligibility, preparing for funding tracks, and submitting grant applications.
