Israel’s Innovation Authority is allocating NIS 113 million for a new research and development center for startups to build biodevices based on biochips. This area is known as bio-convergence and is expected to be a growth engine and source of diversification for Israeli industry.

https://www.timesofisrael.com/israel-earmarks-nis-113-million-to-build-rd-center-for-chip-based-biodevices/