Israel Launches $17M Investment Track to Boost Northern Border Businesses

Jerusalem, 19 August, 2025 (TPS-IL) — Israel’s Ministry of Economy and Industry has launched a NIS 60 million ($17.7 million) capital investment track to support businesses near the Lebanese border as part of its broader NIS 610 million ($180.5 million) Northern Plan. The initiative aims to help local industries recover from the disruptions caused by more than one year of Hezbollah rocket barrages, preserve jobs, and restore economic activity.

Grants cover up to 50% of investments, with a ceiling of NIS 15 million ($4.4 million) for larger projects, and can reach 75% for businesses that previously received property tax compensation. Applications are open until October 20.

“Industry in the North is the economic defensive wall of the State of Israel and key to the future of the entire region,” Minister of Economy and Industry Nir Barkat said.