Breaking Update

1.6 Billion Shekels Invested to Strengthen Israels Export and High-Tech Sectors

Israel's Ministry of Finance announces a 1.6 billion Shekel investment to strengthen the nation's export and high-tech sectors.

Politics

Jerusalem, 2 July, 2026 (TPS-IL) — The Ministry of Finance launched an outline to strengthen Israel’s export and high-tech sectors, with an investment of approximately 1.6 billion Shekels ($530 million).

As part of the plan, approximately 1 billion Shekels ($330 million) will be allocated for a rapid assistance track for companies in the start-up and growth stages, through grants against matching that will enable the extension of the period of activity (Runway), continued growth and preservation of activity in Israel.

An inter-ministerial committee will be established to conduct an in-depth examination of preserving the global competitiveness of the Israeli high-tech sector, and will examine structural changes in preparation for the formulation of the state budget for 2027.

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