BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021

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BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
BIRD Foundation
Accelerating Growth through U.S.-Israel Strategic Partnerships

                                     July 2021

     Israel-United States Binational Industrial Research and Development Foundation
                                      www.birdf.com
                                                                                      August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
BIRD Foundation                                                               2

    BIRD = Binational Industrial Research and Development

    Joint fund, established in 1977 as a joint initiative
          between the US and Israeli governments

         Mission                                  Funding
To stimulate, promote and               Income from interest earned
support joint (non-defense)                   on $110 million
     industrial R&D of                   endowment grant and from
     mutual benefit to                   repayments from successful
Israel and the United States                   BIRD projects

                                                                      August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
BIRD’s Board of Governors*                                                                                  3

               The Foundation’s Board of Governors (BOG) consists of six members:
               three representatives of the U.S. and three representatives of Israel

            Israeli Representatives                                      U.S. Representatives

 Chief Scientist, Ministry of Economy and             Assistant Secretary for S&T, Dept. of Commerce
 Industry and Chairman of the Israel Innovation       Permanent Designee: Associate Director for Innovation
 Authority                                            and Industry Services, NIST
 (Israeli co-Chairman)                                (U.S. co-Chairman)
 Director General, Ministry of Economy and            Assistant Secretary for Oceans and International
 Industry                                             Environmental and Scientific Affairs, Dept. of State
 Director General, Ministry of Finance                Assistant Secretary for International Affairs, Dept. of
                                                      Treasury
                (or their designees)                                        (or their designees)

*Source: Israel-U.S. Binational Industrial Research and Development Foundation Agreement, March 3, 1976

                                                                                                                August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
The BIRD Model                                      4

                  The BIRD Foundation offers
                   conditional grants on a risk-
                   sharing basis
                  The Foundation funds up to
                   50% of each company’s
                   R&D expenses associated
                   with the project
                  Maximum conditional
                   grant= $1M
                  Every dollar invested by
                   the governments yields at
                   least $2 of activity through
                   private sector cost-sharing

                                        August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
BIRD Foundation – Investment by Sector                    5

                                                                   2006 - 2020

Including projects from
BIRD Energy & BIRD HLS
                                                                        August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
BIRD – Performance Summary                                        6

              1977-2020*

 $372M** granted for joint development of innovative
  technologies and products
 At least the same amount invested by the private sector of both
  countries, through cost-sharing
 1018 projects between U.S. and Israeli companies approved
 $113M repayments from successful projects
 ~$10B in sales generated directly and indirectly by BIRD
  sponsored activities

  *Since inception, main BIRD program
  **Nominal, not adjusted to inflation

                                                                    August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
Parameters for Success                                          7

• Sales & Repayments
• Job Creation
• Capital Raised
• Mergers & Acquisitions
• Establishing a Subsidiary or a Research Center in Israel
  and/or operations/HQ in the U.S.
• Exports to other countries

                                                             August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
BIRD’s Evaluation Criteria:                  8

● Innovation (Technology)

● Synergy between companies

● Market opportunity

● Go to market strategy / commercialism

                                          August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
Why BIRD?                                              9

● Funding the joint development of advanced technologies

● Risk sharing mechanism

● “Stamp of Approval” – Review of the project is done by
  external organizations

● Commitment that accelerates delivery and time to market

Flags by :www.webdesignhot.com
                                                            August 2, 2021
BIRD Foundation Accelerating Growth through U.S.-Israel Strategic Partnerships - July 2021
BIRD Call for Proposals                                                                                        10

                                                                                         Timetable & Deadlines:

                                                                                          Executive Summary
                                                                                          September 2, 2021

To be considered, a project proposal should include:                                        Final Proposal
 R&D cooperation between two, unrelated companies, one registered in the U.S.             October 12, 2021
and the other in Israel. The companies should jointly apply for BIRD support
 Research and development topics that include but are not limited to: Advanced               Decisions
Manufacturing, Agrotech, Cleantech and Environment, Communications,                         December 2021
Electronics, FinTech, Gas, Homeland and Cyber Security, Life Sciences and Bio-
Convergence, Software, Water and Wastewater technologies, etc.
 A jointly developed technology or product(s) that shows considerable innovation
 A proposed project that demonstrates significant commercial potential
BIRD funds up to 50% of the R&D costs associated with the joint project.
 The maximum conditional grant per project is up to US $1 million; the BIRD Board of
 Governors may exercise its discretion to increase the award up to US $1.5 million for
 exceptional proposals*
 *contingent on the quality of the proposal and available funding.
                                                                                                    August 2, 2021
The BIRD Submitting Process                                                   11

          (two Cycles per year)*

                                           Cycle I              Cycle II
  Executive Summaries                      March                September
  Final Proposal                           April                October
  Proposal Evaluation
  Evaluators appointed by NIST
  & the Israel Innovation Authority

  Decisions
  At the Board of Governor’s Meeting       June                 December

* For the exact dates of the upcoming cycle see www.birdf.com

                                                                            August 2, 2021
Add. Programs Managed by the BIRD Foundation                                                                  12

              BIRD Energy                                   BIRD HLS                              U.S.- Israel Energy Center

 “BIRD Energy” is the implementation of a     The BIRD Homeland Security (HLS) program      The U.S. and Israel, through the U.S.
cooperation agreement between The U.S.        is a joint initiative funded by the U.S.      Department of Energy (DOE), the Israel Ministry
Department of Energy (DOE), the Israel        Department of Homeland Security (DHS)         of Energy (MoE) and the Israel Innovation
Ministry of Energy, jointly with the Israel   Science and Technology Directorate (S&T)      Authority (IIA), have established the U.S.-Israel
Innovation Authority and the BIRD             and the Israel Ministry of Public Security    Center of Excellence in Energy, Engineering and
Foundation. This program develops             (MOPS) to develop advanced technologies       Water Technology (the “Energy Center”). The
innovation through U.S.- Israel cooperation   for the homeland security mission. The BIRD   purpose of the Energy Center is to accelerate
on a range of clean energy technologies,      HLS program seeks solutions in first          development and deployment of critical and
including renewable energy, energy            responder technology areas such as            innovative technologies in the areas of Fossil
efficiency, natural gas, and energy-water     perimeter protection, wearable technology,    Fuels, Energy Storage, Cyber Security for Energy
technologies.                                 situational awareness and more.               Infrastructure, Energy-Water Nexus.
                                                                                                                                August 2, 2021
BIRD Projects in Illinois – 32 Projects              13

                                          August 2, 2021
Thank you!
                           Andrea Yonah
                 Director of Business Development
                     U.S. East Coast & Midwest

Israel-United States Binational Industrial Research and Development Foundation

                           www.birdf.com

                    www.facebook.com/BIRD Foundation
                   linkedin.com/company/bird-foundation
                          projectsdb.birdf.com
                                                                                 August 2, 2021
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