India and Israel recently widened the I4F during their eighth governing body meet. I4F is India – Israel Industrial research and development technological Innovation fund. The fund has now been widened to 5.5 million USD.

Projects

The fund has been widened to implement three research and development project. They are as follows:

• Centrally monitored Internet of Things Nanosensors for Molecular diagnostic in health care
• Internet of Things enabled satellite communication for real – time agriculture and environmental data collection
• NoMoreMos: It is a mosquito control biological solution

Basically, the fund is to be used for projects in the field of agriculture, health care and mosquito control.

I4F 2.0

During the governing body meet, the countries agreed on the new I4F strategy. The countries will broaden the scope of the fund in the new strategy. They will focus on market acceptability and technical feasibility. They are to develop new commercial products and technologies.

About I4F

• It was created under the collaboration of Department of Science and Technology of India and Israeli Innovation Authority.
• The fund promotes and supports joint research and development in the agreed “focus sectors”.
• The main aim of I4F is to commercialize the innovative technologies.
• The I4F is controlled, managed and implemented by the Global Innovation and Technology Alliance. In Israel, the fund is implemented by the Israeli Innovation Authority.