BIRD Foundation

Company

Investment-firm

General

About Company
The BIRD Foundation facilitates cooperation between US and Israeli companies and provides funding for selected projects.

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Also Known As

BIRD, Binational Industrial Research and Development

founded date

01.01.1977

Number of employees

IPO status

Private

Description

The BIRD Foundation, also known as the Binational Industrial Research and Development Foundation, encourages collaboration between US and Israeli companies across various technology sectors. With a history of approving nearly 950 projects, BIRD offers funding of up to 50% of a project's budget, starting from R&D to the initial stages of sales and marketing. Unlike traditional investors, BIRD does not require equity or intellectual property rights in the participating companies or projects. Instead, they receive repayment as royalties from the sales of products resulting from their support. BIRD supports around 20 projects annually and has facilitated successful partnerships between leading US and Israeli companies, generating over $10 billion in cumulative sales. By providing financial support and only seeking repayment based on actual revenues, BIRD demonstrates its commitment to risk-sharing and offers business opportunities for those seeking strategic partners in technology or marketing.
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