UK-Israel Partnerships

A wide range of collaborative partnerships between UK and Israeli companies has been developed.  In addition to its direct involvement in funding projects, Britech has handled many hundreds of enquiries relating to technology and business links between the countries, and helped hundreds of companies to assess and pursue opportunities in the UK or Israel.  More than 170 specific partnership requests have been dealt with and over 40 formal partnerships created.  This level of activity has been achieved with efficiency, employing a very small staff and maintaining an aggregate administrative cost of less than 12%.

While a proportion of these partnerships lead directly to applications for Britech funding, the majority are pursued by conventional commercial means.  The benefits accrue to the partners from both countries in the form of technology transfer, management expertise, market access and investment.  Though Britech cannot track the progress of such partnerships in detail, it is clear from the direct feedback of the companies involved that the benefits are significant.  In practice partnerships take a wide variety of forms, ranging from simple distribution agreements to formal joint-venture companies.  They involve companies of all sizes and levels of maturity, with a broad geographical distribution across the countries.

Britech Projects

Just over £12 million has so far been allocated to 30 collaborative Britech projects, the combined projected commercial revenues of which are more than £550 million.  Seven projects have already been completed and commercialised, and the first royalty payments have been received from some of the earliest.