The Israel Innovation Authority (IIA) has announced the launch of a new programme with an investment of 11 million US dollars towards initiatives in three different verticals - delivery technology, Health and technology solutions for schools and campus security.
IIA said, the initiatives aim to foster synergy among different companies and technologies within the framework of a globally unique regulatory
sandbox, enabling companies to operate in an adapted and supportive regulatory framework. IIA collaborates with various regulatory entities, including the Ministry of Transport and Road Safety, the Ministry of Health, and the Israeli Police.
The objective is to establish regulatory sandboxes and to develop an adaptable and enabling regulatory environment.