Israel’s Ministry of Science, Technology and Space plans to establish a new NIS 150 million a year fund (NIS 500,000-750,000 per project) to support applied research in engineering. The initiative is designed to alleviate Israel’s current shortage of engineers.
http://www.globes.co.il/en/article-govt-to-invest-nis-150m-in-engineering-research-fund-1000947650