Israel funds startups to solve world problems

The Israeli Government is offering funding of up to NIS 500,000 ($130,000) in the 2nd round of “Grand Challenges Israel” for up to 10 companies with innovative technology that could solve problems in Africa, Asia, South America, and poverty-stricken areas in the West.

http://www.timesofisrael.com/contest-spurs-tech-companies-to-take-on-worlds-grand-challenges/

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