No, it is good news. In its latest round of investment, the Binational Industrial Research and Development (BIRD) Foundation will provide $10.95 million for fourteen Israeli projects. BIRD finds US partners and provides up to a third of total projected costs.
http://www.timesofisrael.com/bird-makes-matches-for-israeli-tech-and-us-business/
14 projects will “get the BIRD”
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