Mexican Media Brands
Michigan R&D Program Targets Israeli Startups
As part of its PlanetM mobility initiative, the Michigan Economic Development Corp. has created a new program to attract Israel-based tech startups to test emerging technologies in Michigan.
#economics
Share
As part of its PlanetM mobility initiative, the Michigan Economic Development Corp. has created a new program to attract Israel-based tech startups to test emerging technologies in Michigan.
MEDC will provide matching grant funding to approved businesses under the Israel Michigan Autonomous Technologies Collaboration. Participating companies will be able to test and validate technologies on select Michigan roadways and have access to nearby research facilities, such as the American Center for Mobility in Ypsilanti and Mcity in Ann Arbor.
The focus will be on autonomous and connected vehicles, electrification, artificial intelligence, smart manufacturing, big data and smart cities. In addition to providing funding and access to test centers, the program will allow Israeli companies to test their technologies in cold weather environments.
Israel is becoming a leader in the development of emerging technologies for autonomous vehicles, connectivity and cyber-security. Last year, five startups (Actasys, Addionics, CipherSip, Foretellix, TriEye) visited Michigan to meet with MEDC and potential local partners.
MEDC announced the new program at this week’s EcoMotion mobility conference in Tel Aviv. Several Israeli startups have expressed interest, and at least one is said to be in the process of applying for a $100,000 grant. The application process for the first phase of the program is open through Sept. 3.
More information is available HERE.
RELATED CONTENT
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
