I4F is a cooperation between the Department of Science and Technology (DST), Government of India, and the National Technological Innovation Authority in Israel (Innovation Authority) to promote, facilitate and support joint industrial R&D projects, between companies from India and Israel.

DST and Innovation Authority have jointly created a $40 Mn USD I4F fund with equal contribution from both sides over the period of five years.

The objective of this programme is to respond to the global issues concerning science & technology while developing technologies that can be commercialized and localized within 2 years through Joint cooperation between India and Israel.

In India, on behalf of DST, funding and other services will be provided through TDB and in Israel, funding and other services will be provided through Israel Innovation Authority.