Novel Efficient Water Technologies

Interdisciplinary StrengthIsrael's success in the hi-tech arena provides the water technology sector a strong base. Dueto the complexity and the multidisciplinary nature of the water industry, its success requirestechnologies to be developed from other fields, including nano-science, biology and microelectronics.Entrepreneurial Spirit and IngenuityThe resourcefulness of Israeli researchers and entrepreneurs is evident in the fact that theyfrequently overcome technological barriers and solve problems within a short period of time and at afraction of the cost of some of their larger and better-funded competitors overseas.Israel NEWTech - Novel Efficient Water TechnologiesNational Government Program Promoting the Water Technology SectorRecognizing Israel's potential to be a leader in the growing international water technologies market,the government designed a unique national program, authorized on June of 2006. The program,called Israel NEWTech – Novel Efficient Water Technologies, builds upon Israel's experience incoping with water scarcity problems, while incorporating all the separate industry elements in order toadvance the sector at an international level. The Israeli government is heavily invested in theprogram and has allocated over $50 million over the next three years to advance the sector andreach notable benchmarks.Israel NEWTech Goals:• Increase Israeli Exports: By 2010, Israel intends to double its exports in the water technologyfield.• Position Israel at the Cutting Edge of Water Technology: By using its first-hand experience inovercoming water scarcity, combined with its R&D and hi-tech expertise, Israel plans to establishitself as a leading country in the international water technology market.• Enhance International Investment: Already a well-established destination for internationalinvestment in hi-tech, Israel aims to boost multinational's interest and foreign governmentinvestment activity in its water technology sector.17