The government is expanding its coffers and injecting NIS 1 billion into start-ups whose operating horizon shrank due to the strengthening of the shekel against the dollar.

The fund aims to provide a financial hand for technology startups and early-stage projects whose runway to operate the company has been hit because of the strong shekel.

The government is expanding its coffers and injecting NIS 1 billion into start-ups whose operating horizon shrank due to the strengthening of the shekel against the dollar.