Eureka World of Innovation

This was taken from the Israel Catalonia Chamber of Commerce:

Israel belongs to the Asian continent, but when it comes to research and development the US and Europe seem closer to home. And like most countries operating in today’s global village, Israel relies on cooperation with industrial partners from the European Union and the US to propel its high-tech and biotech products into the world market.

As evidence of its leading role in research and development, Israel has been chosen to head the largest R&D network in the world, the “EUREKA initiative”, a pan-European, inter-governmental initiative that supports European innovation and sees investments of 1.5 billion euro every year.

Since joining the program in 2000, Israel, the only non-European member country, has been among the most active of the 40 members.

In 1985, EUREKA was set up as a legal framework within which European companies could collaborate and receive government funding. Thanks to a political push from France and Germany, Israel was granted permission to join Eureka as a full member.

“It’s a very unique occasion,” Israel Shamay, Israel’s national project coordinator for EUREKA, from ” the Israeli Industry Center for R&D (MATIMOP) “, tells ISRAEL21c. However, Shamay believes that the vote that led to an Israeli representative being chosen to chair the network was an obvious choice, after Israel proved itself among the member countries.

“In the last three years, Israel became one of the five most active members in EUREKA and had the same number of projects compared to [EU] countries, which are much bigger. Out of nearly 300 new projects initiated by EUREKA, in 2008, we had 40 with Israeli companies participating in them.”

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