Breaking Update

Millions Allocated to Assist New Employment in National Priority Areas

The Investment Authority in Israel’s Ministry of Economy and Industry is providing assistance totaling approximately 6 million Shekels ...

TPS Breaking News

Jerusalem, 6 July, 2025 (TPS-IL) — The Investment Authority in Israel’s Ministry of Economy and Industry is providing assistance totaling approximately 6 million Shekels ($1.78 million) to businesses in the advanced services and high-tech industries, which will integrate new employees into quality jobs in national priority areas or in Jerusalem.

The assistance will be provided for the employment of new employees, whose start date is from March 1, 2025.

Organizations that can apply for assistance:

Corporations, except for human resources contractors
Government companies in the competitive market, which are not budgeted or receive subsidies from a government institution

The assistance includes up to 30% of the cost of employees’ wages for a period of 15 months and up to 135,000 Shekels ($40,400) per position.

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