We could not be more excited to announce that Soapy has received approval for a grant from the Innovation Authority of Israel.
After a few months of Due Diligence by the Innovation Authority specialist, that have verified Soapy’s Technology (Innovation and Functionality), Business model, Market opportunity etc. Soapy Care was Approved for an R&D supporting grant.
The Grand Challenges Israel incentive program operates as part of the Grand Challenges in Global Health international initiative. The incentive program is also partnered by Israel’s Agency for International Development Cooperation (MASHAV) and the National Economic Council of the Prime Minister’s Office.
The program supports R&D focused on the humanitarian health challenges that exist in developing countries, with products that also have commercial potential in developed countries. Participation in this incentive program combines charitable acts and services with new business opportunities and the chance to solve global challenges.
Winners receive up to 140,000 USD from the authority to invest in their R&D and pilot their technologies in the markets, to solve development challenges and further establish proof of concept.
Another step toward our dream.