During the last quarantine IATI's pressure, supported by a well communicated letter to the Prime minister and the relevant ministers, demanding them to recognize some high-tech and biomed companies as essential facilities since they answer the necessary features.

The government accepted said demands, which allowed some high-tech and biomed companies to have operational continuity, where they were able to work while keeping safe. This gave them the opportunity to continuously drive the private sector, especially during these unclear times.

We will continue to act in favor of the advanced industries of Israel, which are an inseparable part of the driving force of the local economy and international trades, even during the quarantine.

IATI presented an update of the industry-government relations amid the Covid-19 crisis, during the High-Tech Government Forum - a forum which was initiated by Israel Innovation Authority and IATI.
 

During a special meeting at the House of the President of Israel, the Religious Jews Integration in the Israeli High-Tech Industry the report was presented.
The meeting was held by the President of Israel, Mr. Reuven Riblin whom hosted the CEO and President of IATI, Karin Mayer Rubinstein; the founder of Kama-tech organization, Moshe Friedman; Deputy Minister of Transportation and the Director of The Authority for Economic Development of the Haredi Sector, Uri Maklev.

The report is a collaboration between Kama-tech and IATI, and was written by the research firm "Askaria" which specializes in conducting researches and analyzing the Religious Jews populations. The report reviews the latest trends in training, education and occupation of Haridm in the High-Tech Industry, salary data and the status of Haredic initiatives and start-ups nowadays.
 

Karin and Moshe presented the report at the Knesset's Science & Technology Committee.
 

She was also interviewed on "The Economic Show" with the host Idan Kweller on Galatz Radio Network, where she spoke about the goals of IATI, the latest initiatives of the organization for integrating religious Jews and Arabic populations in the high-tech industry - and why it is such an important purpose to aim for.
 

Click here to read the report

Click here for all the news and publications about the report

The full Interview at Galatz

The IATI MNC Forum's quarterly meeting was held for the second time online, with about 90 GM's from all the leading R&D centers. We've hosted Israel Innovation Authority CEO Aharon Aharon and The Minister Of Science & Technology Yizhar Shai.

IATI MNC CFO Profit Split WG meeting was held about the matter: Many MNCs chose to set up hundreds of R&D centers in Israel, which were a huge contribution to the sucess of the Israeli economy.
Lately the Israel Tax Authority presented a new interpretation to this matter, which would result in the relocation of many of the senior executives in these R&D centers of Israel.
The new interperation of the Israel Tax Authority is expected to decrease dramatically the financial influence of the R&D center and in some cases, bring them to close the centers themselves.

Click here for more details

IATI Legal & Accounting Committee held its quarterly meeting.
The participants continued to discuss the many and complex challenges the industry is facing, and how to form and execute practical solutions with government factors, the Knesset and internal and external regulators.
We at IATI continue to seek solutions for the challenges we are facing, which affect the high-tech and Biomed industries.

On August 2020 new laws went into effect in the Cayman Islands which affect the funds registered there. In response, a special taskforce was formed, lead by our Lawyers & Accountant Committee chairman, Dr. Ayal Shenhav.
The taskforce includes representatives of the funds and lawyers, and its purpose is to work with Mr. Meir Levin Deputy Attorney General (Economic-Fiscal) and the Israeli Ministry of Law on improving partnerships ordinance in Israel and allow registrations of funds in Israel instead of Cayman Islands.
There had been already a number of talks with the Israeli Ministry of Law, where positions notes had been written. The Israeli Ministry of Law has showed willingness to implement changes such as allowing submit of documents in English; discretion of partnership agreement; exemption from responsibility for the participants of committee of investors; a quick process for partnership conversion and more. This is an example for a productive cooporation between private factors and the government.

IATI President and CEO Karin Mayer Rubinstein had presented in the name of the high-tech industry and venture capital funds the launch of Benefit Plan No. 43: a plan to encourage investments in Israeli high-tech companies who are in the beginning of their sales and growth phases, for representatives from the Authority of Innovation and from venture capital funds and institutional investors. 

During IATI MNC Forum's HR Workgroup meeting, the executives continued to discuss the new challenges HR departments are facing in these new times and shared some of the creative solutions they came up with.
The meeting also hosted former Director-General of the Ministry of Health of the State of Israel, Mr. Moshe Bar Siman Tov, who shared from his personal experience managing the Covid-19 crisis. 

Continuing the meetings and the work set by the taskforce of IATI with Dr. Moshe Barkat, Insurance and Savings Authority Commissioner at the Israeli Ministry of Finance, and the progress made regarding the matter of direct expenses, a team has presented its finding in front of a dedicated committee. The committee has many academic representatives, which are familair with the subject based on studies, and less by practival experience. 
The message of our team - to remove the restriction of direct expenses - has been exepted by the committee thanks to our detailed reasoning.

IATI congratulates Member of the Knesset Idan Roll in founding the High-Tech Lobby at the Knesset, an important factor, especially in these troubling times. 

The two joined forces together at the High-Tech Lobby, where they utilize the awesome abilities of the advanced industries while also tackling other social challenges. We see the high-tech and Biomed industries as a pillar in this current war for keeping the economy intact and driving it to financial growth.
 

IATI President and CEO Karin Mayer Rubinstein had presented data and analysis to show the importance of exporting the advanced industries in Israel, during a special webinar held by IATI and the Foreign Trade Administration at the Ministry of Economy and Industry.