In 2023, the Israel Innovation Authority (IIA) allocated a total value of ** million Israeli shekels (about *** million U.S. dollars) in grants to startups in the field of semiconductors. This reflected a decrease of about ** percent in comparison to the previous year. Over the observed period, state funding decreased by over ** percent. Furthermore,the share of IIA funding dedicated to semiconductor ventures was relatively small in comparison to other verticals.
Currency conversion rate as of February 5, 2025, 1 USD = 3.55 ILS.
Data for 2019 and 2020 is based on previous reports by the source.
The Israel Innovation Authority (IIA), formerly known as the Office of the Chief Scientist, is the government's main arm to and invest in research and development and support the country's technology industry.Â
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Israel Central Bureau of Statistics. (December 29, 2024). Annual value of Innovation Authority (IIA) grants to semiconductor start-ups in Israel from 2019 to 2023 (in million Israeli shekels) [Graph]. In Statista. Retrieved July 12, 2025, from https://www.statista.com/statistics/1489966/israel-annual-value-innovation-authority-investment-semiconductor-startup/
Israel Central Bureau of Statistics. "Annual value of Innovation Authority (IIA) grants to semiconductor start-ups in Israel from 2019 to 2023 (in million Israeli shekels)." Chart. December 29, 2024. Statista. Accessed July 12, 2025. https://www.statista.com/statistics/1489966/israel-annual-value-innovation-authority-investment-semiconductor-startup/
Israel Central Bureau of Statistics. (2024). Annual value of Innovation Authority (IIA) grants to semiconductor start-ups in Israel from 2019 to 2023 (in million Israeli shekels). Statista. Statista Inc.. Accessed: July 12, 2025. https://www.statista.com/statistics/1489966/israel-annual-value-innovation-authority-investment-semiconductor-startup/
Israel Central Bureau of Statistics. "Annual Value of Innovation Authority (Iia) Grants to Semiconductor Start-ups in Israel from 2019 to 2023 (in Million Israeli Shekels)." Statista, Statista Inc., 29 Dec 2024, https://www.statista.com/statistics/1489966/israel-annual-value-innovation-authority-investment-semiconductor-startup/
Israel Central Bureau of Statistics, Annual value of Innovation Authority (IIA) grants to semiconductor start-ups in Israel from 2019 to 2023 (in million Israeli shekels) Statista, https://www.statista.com/statistics/1489966/israel-annual-value-innovation-authority-investment-semiconductor-startup/ (last visited July 12, 2025)
Annual value of Innovation Authority (IIA) grants to semiconductor start-ups in Israel from 2019 to 2023 (in million Israeli shekels) [Graph], Israel Central Bureau of Statistics, December 29, 2024. [Online]. Available: https://www.statista.com/statistics/1489966/israel-annual-value-innovation-authority-investment-semiconductor-startup/
